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THE BOARD OF DIRECTORS OF NORDIC WATERPROOFING UNANIMOUSLY RECOMMENDS THE SHAREHOLDERS NOT TO ACCEPT THE CASH-BASED MANDATORY PUBLIC OFFER BY KINGSPAN

The board of directors of Nordic Waterproofing Holding AB (“Nordic Waterproofing” or the “Company”) unanimously recommends the shareholders of Nordic Waterproofing not to accept the cash-based mandatory public offer submitted by Kingspan Holdings (IRL) Limited (“Kingspan”) on 10 October 2023.

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