Tier 2 Success

The new Tier 2 Capital Notes were successfully priced and subscribed on 23 June 2026, with strong demand indicating investor confidence in the company’s financial prospects. The variable interest rate structure, step‑up provision, and optional redemption feature are positioned to appeal to eligible counterparties and professional clients, as the notes are not available to retail investors in the European Economic Area or the United Kingdom. The company’s credit ratings, including Moody’s A (stable) / Baa1 (stable) and Fitch’s comparable ratings, support the issuance and signal a robust credit profile for Alm. Brand A/S.