Hilbert Group Prepays Convertible Bond 8 Months Early, Strengthening Balance Sheet

About this update from Hilbert Group Ab Class B

STOCKHOLM, SE / ACCESS Newswire / August 13, 2025 / Hilbert Group AB (Nasdaq:HILB B) today announced the full prepayment of its EUR 2.0 million convertible bond maturing in April 2026, executed eight months ahead of schedule. Of the total nominal amount, EUR 1.75 million was held by Hilbert Group's partner DeusX Capital. The instrument carried a 10% per annum coupon. Transaction highlights "Retiring this bond early simplifies our capital structure, reduces interest costs, and removes the conversion overhang, while keeping dilution very small", said Barnali Biswal, CEO of Hilbert Group. "We appreciate DeusX Capital's support throughout the term of the instrument and in facilitating an efficient resolution." Rationale and background The convertible bond was negotiated in February 2023, at a time when Hilbert's two-week VWAP was SEK 1.66. Opting for debt financing rather than a large equity issuance allowed the Company to avoid heavy dilution during challenging market conditions. With strengthened liquidity and operating momentum, Hilbert Group determined that a consented early prepayment-despite the absence of a prepayment clause-was the most efficient use of capital, reducing interest expense and removing potential future dilution from conversion in exchange for a fixed, limited equity consideration of about 2%. For further information, please contact: Barnali Biswal, CEO or Niclas Sandström, Co-founder +46 (0)8 502 353 00 About Us Hilbert group is a quantitative investment company specializing in algorithmic trading strategies in digital asset markets. Hilbert Group is a Swedish public company and is committed to providing operational infrastructure, risk management and corporate governance that meets the ever-increasing demands of institutional investors. Hilbert Group is listed on Nasdaq First North Growth Market (ticker HILB B) with Redeye AB as Certified Adviser. For more information, visit: www.hilbert.group Attachments Hilbert Group Prepays Convertible Bond 8 Months Early, Strengthening Balance Sheet SOURCE: Hilbert Group View the original press release on ACCESS Newswire

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