Participation loan

Proventus Capital AB (publ), a subsidiary of Proventus AB, has issued participation loan debentures which are listed on the NDX segment of the Nordic Growth Market NGM. 1,660 debentures of nominal EUR 100,000 have been issued during the investment period which ended in September 2011.

Proventus Capital Partners II AB (publ), also a subsidiary of Proventus, has similarly issued participation loan debentures which are also listed on the NDX segment of the Nordic Growth Market NGM. To date, 1,281 debentures of nominal SEK 500,000 have been issued, and an additional 7,259 debentures may be issued at the issuer’s discretion.

All 8,540 debentures have been subscribed for by investors during 2011, and future issuance will be distributed pro rata to the original investors. The issue price for all future debentures will be equal to nominal amount.

All net cash inflows is distributed to debentureholders on the tenth business day following 31 December, 31 March, 31 June and 30 September.

Subject to the terms of the debentures, the quarterly payment may also contain partial repayment of the nominal amount to the extent any investments have been divested or repaid during the preceeding quarter.

For a more complete description of the participation loan please see the Prospectus.