Response to short-seller report

In February 2022, Viceroy Research (“Viceroy”) published a report with false and misleading descriptions and analyses about SBB’s operations.

A summary of SBB’s response is available here:

https://corporate.sbbnorden.se/en/update-on-viceroy-report-on-samhallsbyggnadsbolaget-i-norden-ab-publ/

SBB’s detailed response to the report is available here.

In addition, Læringsverkstedet has sent a detailed response which is available here and in below attachments (office translation of original letter in Norwegian).

Also, one of Sweden’s largest institutional shareholders Alecta has published a statement pointing out incorrect information in the Viceroy report (in Swedish):

https://www.alecta.se/om-alecta/var-syn-pa-saken/alecta-kommenterar/felaktiga-uppgifter-om-att-alecta-och-sbb-skulle-ha-reverserat-ett-kop-av-fastigheten-mimer-7/

SBB invites all investors to reach out directly to the Company if they have any questions.