Green Bond Fact Sheet

Issuer Name: Samhällsbyggnadsbolaget i Norden AB (SBB)

Date: 20-Feb-2019

Issue date: 14-Feb-2019 Maturity date: 14-Feb-2024 Tenor: 5Issuer Name

SBB

Amount Issued

SEK500m (USD54m)

Country of risk

SwedenCBI Database

Included

Issuer Type1

Non-financial
corporate

Bond Type

Senior unsecured

Green Bond Framework

Framework

Second party opinion

CiceroCertification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

E2/64 (S&P)☐ Energy☐ Solar☐ Onshore wind☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☐ Certified Buildings☐ HVAC systems☒ Energyperformance☐ Water performance☐ Energy storage/meters☒ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

SBB will publish an annual newsletter, providing investors with a summary of green bonds
developments, outstanding amounts of issued green bonds, the balance on the Separate
Account, and the Green Project Portfolio. The newsletter is made publicly available at SBB’swebsite (http://sbbnorden.se). The newsletter will show avoided CO2-equivalent emissions.
The baseline calculation method is based on energy savings, avoided energy use, andreduced fossil fuels use. The reported metrics reported: total pre and post energy
consumption, likewise for energy consumption per heated square meter, energy reduction,
calculated annual CO2-equivalent emissions reduced or avoided per heated square meter,and percentage supplied by renewable energy. External consultants provide confirmation toevery individual property.
SBB was founded in 2016, with the aim to build a strong and stable Nordic real estatecompany focused on residential and community service properties. The company’s strategy
builds on long-term ownership, management and development of rent regulated
residential properties in Sweden and low-risk community service properties in the Nordic
region, including redevelopment and renovations of existing buildings as well as
conversions of commercial properties in central locations, with proximity to efficient
infrastructure. By end of 2017, SBB owned 749 apartments, at a value of SEK23bn.

Firsts, records andcertifications
Proceeds description

Proceeds will be used to refinance a property portfolio consisting of rent regulated
residential apartment houses in Nordic countries, predominantly Sweden, built between
1900 and 1991, and related investments. The buildings in this ‘Green Project Portfolio’ arepredominately built between 1950s and 1980s. SBB will make various investments inenergy efficiency, with the commitment to reduce the purchased amount of energy (kWh)per heated square meter and year by at least 30% over the property portfolio. Other
relevant investments may support climate resilience or increase tenant functionalities. SBB
might use other measures applicable, such as installation of rooftop solar units.

Climate Bonds view

Nordic and in particular Swedish based issuance continues to grow. A significant portion ofthis has been in real estate, with this bond providing another example of retro-fits on
existing building stock.
Nordea, DNB, Danske, SEB

Underwriters
Deal comments
Credit Rating
Pricing summary
Investors summary

N/A1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign