Hotel Fast SSE

Rationale and principal terms
The divestment is made in accordance with the resolution adopted at the extraordinary general meeting on 4 September 2025, where the shareholders approved the board of directors' proposal to transfer the Group's operations. As previously communicated, the Company has since January 2025 been in a strained financial situation and has been unable to make payments to its creditors. The board of directors has therefore assessed that a sale of the assets is necessary to settle the Group's debts and avoid bankruptcy.

The transfer is based on an agreed property value of SEK 265,000,000 and the purchase price is subject to purchase price adjustments. The purchase price is expected to be used in all material respects to settle the Group's external debts, which only can be settled following an agreement on write-downs with the creditors. In line with what was previously communicated in connection with the notice convening the extraordinary general meeting, no significant values are therefore expected to remain within the Group after the debts have been settled.

The transaction is subject to customary closing conditions and closing is expected to occur no later than 30 January 2026.

The Company initiates a review of strategic alternatives
In connection with the divestment of the principal operations, the board of directors has initiated a review of strategic alternatives. These alternatives include:

1. acquisition of new assets to continue conducting operations,
2. a so-called reverse acquisition where a new business is incorporated into the Company, and
3. liquidation of the Company in the event that no value-creating alternatives are identified.
   

The Company will keep the market informed about the process and the strategic choices going forward.