Green Bond Fact SheetK2A Knaust & Andersson

Date: 03/09/2020

Issue date: 28-08-2020 Maturity date: 28-08-2023 Tenor: 3Issuer nameK2A Knaust &Andersson

Amount issued

SEK400m/USD42.3m

Country of risk

SwedenCBI Database

Included

Issuer type1

Non-FinancialCorporate

Bond typeSr Unsecured

Green bond framework

Link to Framework

Second party opinion

CICERO

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

N/A☐ 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☐ Energy performance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ 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
☐ Flood protection☐ 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

K2A commits to report allocation and impact annually on its website when the bond isoutstanding.
K2A was founded in 2013 and is a Swedish real estate company focusing on long-term
management of self- produced rental apartments for all types of housing and is involved in
the entire value chain. The company is currently operating in 16 locations in Sweden with5400 properties in its portfolio.
K2A was the first manufacturer of prefabricated wooden apartments that have been
licensed to build Nordic Swan Ecolabelled (“Svanenmärkt”) properties. The goal is that all
new construction of properties from 2018 should be Nordic Swan Ecolabelled orequivalent.

Firsts, records andcertifications
Proceeds description

Green buildings (Nordic Swan Ecolabel and Miljöbyggnad Gold / Silver) and energy
efficiency (LED, heating/cooling)

Climate Bonds view

Climate Bonds hails the maiden green bond from K2A, which in June 2020 heralded in a
new era of green-labelled equity by launching the first green equity framework. The bondwas oversubscribed by more than three times thanks to great interest from especially
Nordic institutional investors.
Nordea Bank and Swedbank

Underwriters
Deal comments
Credit rating
Pricing summary

Coupon: floating interest rate of 3 months STIBOR plus 395 bps

Investors summary
1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign