Intrum Reverse Dutch Auction

PROJECT DESCRIPTION

DISCLAIMER

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Intrum Investments and Financing AB (publ) — Reverse Dutch Auction

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA (THE “UNITED STATES”) OR TO ANY U.S. PERSON.

The Offers are not being made, directly or indirectly, in or into the United States or to any U.S. Person (as defined in Regulation S of the Securities Act). Notes cannot be tendered by any person located or resident in the United States or by any U.S. Person. To participate, each holder must be outside the United States and not a U.S. Person. Any tender that breaches these restrictions will be invalid and will not be accepted.

Intrum Investments and Financing AB (publ) (the “Offeror”) is inviting holders of the eight series of notes listed below to tender them for purchase by the Offeror for cash. The purchase price for each series will be set through a separate unmodified reverse Dutch auction, subject to a Minimum Purchase Price for that series.

The purpose of the Offers is to proactively manage the Offeror’s balance sheet. The Offeror will use part of the proceeds of the capital raise conducted by Intrum AB (publ), which completed on 1st July 2026. Notes accepted for purchase will be cancelled. Any notes not tendered or not accepted will remain outstanding.

Deutsche Bank Aktiengesellschaft acts as Dealer Manager and GLAS Specialist Services Limited acts as Tender Agent. GLAS Trust Company LLC acts as Trustee, Principal Paying Agent, Transfer Agent and Registrar.

Notes Impacted (ISINs) & Acceptance Priority Waterfall

Notes are accepted using a ‘waterfall’ methodology, in order of their Acceptance Priority Level (1 = highest, 4 = lowest), subject to the Maximum Notes Purchase Consideration. The EUR and SEK series of each maturity share the same Acceptance Priority Level.

Priority Level 1 (highest) Series: EUR-denominated Senior Secured Notes due 2028. ISIN: XS3099990296. Coupon: 7.750%. Maturity: 11th September 2028. Pricing: Dutch Auction Series: SEK-denominated Senior Secured Notes due 2028. ISIN: XS3099994520. Coupon: 7.750%. Maturity: 11th September 2028. Pricing: Dutch Auction

Priority Level 2 Series: EUR-denominated Senior Secured Notes due 2029. ISIN: XS3099995337. Coupon: 8.500%. Maturity: 11th September 2029. Pricing: Dutch Auction Series: SEK-denominated Senior Secured Notes due 2029. ISIN: XS3099996145. Coupon: 8.500%. Maturity: 11th September 2029. Pricing: Dutch Auction

Priority Level 3 Series: EUR-denominated Senior Secured Notes due 2027. ISIN: XS3099983598. Coupon: 7.750%. Maturity: 11th September 2027. Pricing: Dutch Auction Series: SEK-denominated Senior Secured Notes due 2027. ISIN: XS3099986427. Coupon: 7.750%. Maturity: 11th September 2027. Pricing: Dutch Auction

Priority Level 4 (lowest) Series: EUR-denominated Senior Secured Notes due 2030. ISIN: XS3099996814. Coupon: 8.500%. Maturity: 11th September 2030. Pricing: Dutch Auction Series: SEK-denominated Senior Secured Notes due 2030. ISIN: XS3099996905. Coupon: 8.500%. Maturity: 11th September 2030. Pricing: Dutch Auction

The 2028 Notes (EUR and SEK) are considered first, followed by the 2029 Notes (EUR and SEK), the 2027 Notes (EUR and SEK) and then the 2030 Notes (EUR and SEK). A lower priority series will only be reached if capacity remains under the Maximum Notes Purchase Consideration after consideration of the higher priority series. The Offeror sets the amount it accepts in each series (the Series Acceptance Amount) at its sole discretion. It may accept more, less or none of any series compared with any other series, including series within the same Acceptance Priority Level.

Consideration Available

1. Maximum Notes Purchase Consideration: EUR 100,000,000 (excluding accrued interest).
2. Purchase Price: holders may submit Competitive Tender Instructions, which specify an Offer Price in increments of 0.10% above the Minimum Purchase Price. A holder whose competitive tender is accepted receives the Offer Price it specified. Alternatively, holders may submit Non-Competitive Tender Instructions, which receive the Minimum Purchase Price. No notes will be purchased below the relevant Minimum Purchase Price, which is set per series on the cover of the Tender Offer Memorandum.
3. Accrued Interest: an Accrued Interest Payment is also paid on all notes accepted for purchase.
4. Currency conversion: SEK amounts are converted to euro (for the Maximum Notes Purchase Consideration) using the Bloomberg BFIX spot rate at 4:00 p.m. London time on the Expiration Date.
5. Scaling: where tenders in a series exceed the relevant Series Acceptance Amount, notes are accepted on a pro rata (scaled) basis. If Non-Competitive Tender Instructions alone exceed the Series Acceptance Amount, they are scaled and no Competitive Tender Instructions are accepted. Otherwise, Non-Competitive tenders and Competitive tenders below the Maximum Purchase Price are accepted in full, and only tenders at the Maximum Purchase Price are scaled.

Timetable

Commencement / Offers announced: 30th October 2026
Expiration Date: 6th November 2026
Expiration Deadline: 4:00 p.m. (London time) on the Expiration Date
Announcement of Results: 9th November 2026
Settlement Date: 10th November 2026 (2nd business day after expiration)

Contact

Should parties have any further questions or require assistance, please contact LM@Glas.Agency.