Sunborn Finance Oyj - Initiates second conversion period

For a detailed background, reference is made to the notice of written procedure dated 11 October 2024 (the “Written Procedure Notice”) in relation to Sunborn Finance Oyj (the "Issuer") up to EUR 50,000,000 Senior Secured Callable Floating Rate Bonds 2018/2024 with ISIN: FI4000292750 (the “Bonds”). 

The issuer has previously completed a conversion period in which bondholders have undertaken to convert Bonds into Sunborn International Holding ("SBIH") Shares for a total amount of EUR 3,760,000. As foreseen in the Written Procedure Notice, the issuer has now elected to initiate a second conversion period, in which the bondholders will be offered to convert up to EUR 3,900,000 into SBIH Shares (the "Second Conversion").

To participate in the Second Conversion, please sign the Conversion Undertaking in accordance with the terms set out therein and send to investors@sunborn.com no later than 18 November 2024.

For further information, please contact:

Hans Niemi, CEO

Telephone: Finland +358 followed by 2445 4514

Email: hans.niemi@sunborn.com

This information is information that Sunborn Finance Oyj is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15:25 (CEST) on 4 November 2024.