11/22/2022 5:24 PM Ahlsell Danmark ApS announces extension of the offer period for its public offer for the shares in Sanistål A/S

In accordance with section 5.2 of the offer document dated 7 June 2022, Ahlsell Danmark ApS hereby announces its decision to extend the offer period until 22 December

2022 at 17:00 (CET). The decision is based on necessary regulatory approvals still being pending. Ahlsell Danmark ApS has agreed with Sanistål A/S and the Major Shareholders to postpone the deadline for fulfilment of the regulatory approvals-condition pursuant to the Transaction Agreement and the Share Purchase Agreements from 24 November 2022 to 23 December 2022. Accordingly, the Transaction Agreement and the Share Purchase Agreements will for now remain in effect until and inclusive of 23 December 2022. The prolonged date has been determined by the parties to allow for necessary regulatory approvals.

Through purchases made during the offer period, Ahlsell Danmark ApS as of 21 November 2022 owns 584,708 shares in Sanistål A/S and section 3.5 of the offer document shall be amended accordingly.

Ahlsell Danmark ApS has been informed that on a preliminary basis acceptances have been received for 1,541,086 shares, equal to 12.92%, which together with shares already acquired and shares to be acquired by the Share Purchase Agreements with the Major Shareholders, totals approximately 93.32% of the shares.

Thus, if the offer becomes unconditional and is completed Ahlsell Danmark ApS expects to be able to compulsory acquire any other shares in Sanistål A/S.

All other terms and conditions of the offer are unchanged. Shareholders who have already accepted the offer do not need to take any further action.

The extension of the offer period and the terms hereof are set out in supplement IV to the offer document which also includes a new acceptance form for ordinary shareholders.

The offer document and supplement IV can be seen and downloaded at https://www.sanistaal.com/da/investor/investor.

Unless the offer period is extended again, Ahlsell Danmark ApS will announce the result of the offer no later than twenty-four (24) hours after expiry of the offer period.

For questions about this announcement, Ahlsell Danmark ApS or the Ahlsell Group, please contact Claes Seldeby, Group CEO, Ahlsell AB (publ), +46-8-685 70 00, claes.seldeby@ahlsell.se.

Brøndby, 22 November 2022

Ahlsell Danmark ApS

Disclaimer

The offer is made neither directly nor indirectly in any jurisdiction where this would constitute a violation of the legislation within the jurisdiction in question. This announcement and other documents regarding the offer must not be sent, forwarded or distributed in any other way within a jurisdiction where this would constitute a violation of legislation within said jurisdiction, including in particular in the United Kingdom, the United States, Canada, Japan, Australia or South Africa. This announcement does not constitute an offer or invitation to sell or buy shares in Sanistål A/S. The offer is made solely on the basis of an offer document prepared and published by Ahlsell Danmark ApS which will contain the complete terms and conditions of the offer. Shareholders in Sanistål A/S are encouraged to read the offer document and any associated documents as these will contain important information on the offer.