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Disclaimer

The content of this section is intended for investors and for informational purposes only. The content is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Kommuninvest does not make representation or warranty (express or implied) of any nature or accept any responsibility or liability of any kind for accuracy or sufficiency of any information, statement, assumption or projection in this information, or for any loss or damage (whether direct, indirect, consequential or other) arising out of reliance upon this content. The reader of the information of this section is solely responsible for making its own independent appraisal of the contents herein.

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Information regarding the treatment of personal data by Kommuninvest i Sverige AB

There are provisions contained within The Personal Data Act (“personuppgiftslagen” 1998:204) regarding the way in which personal data should be treated. The purpose of this legislation is to protect individuals from having their privacy violated via the processing of their personal data. The term “personal data” in this context refers to any information that can directly or indirectly be attributed to a living human being.

Kommuninvest i Sverige AB (“Kommuninvest”) is responsible for all personal data that is processed within the entire organisation. Below is a brief description of what personal data is processed, the reason why it is processed, and your individual right of access to any and all data that is held about you. Please feel free to get in touch with us if you need any further information about this by using the contact details below.

Personal data that is being managed

Kommuninvest processes personal data for the administration and execution of contracts that are in force, and also in order to be able to fulfil its legal obligations. Kommuninvest processes personal data that is provided voluntarily in connection with visits to the Kommuninvest website, when entering into contracts, or when data is otherwise recorded in connection with the preparation or administration of a contract (for example, in connection with a lending or borrowing agreement). When matters are dealt with on the telephone, personal data is also processed because such telephone calls are recorded. Kommuninvest may also supplement personal data by obtaining further information from public records.

Personal data may be disclosed in certain situations where Kommuninvest is obliged by law to provide information to an agency, for example the Swedish Financial Supervisory Authority, or the Swedish Data Inspection Board.

Transcript from register and the rectification of errors

Once a year you can, free of charge, request a transcript from Kommuninvest whereby you will receive information on the personal data about you that is being held, where this data came from, why it was obtained, the purpose for which it is being held, and to whom any data may be disclosed. If you would like to be sent such a transcript, please send a written request, signed by you, to the address you will find below. You can notify us at the same address if you no longer wish to receive information from Kommuninvest, or if you would like to request the correction of some erroneous or incomplete personal data.

PRESS RELEASE: New Head of Debt Management at Kommuninvest

Kommuninvest has appointed Christian Ragnartz, 46, as new Head of Debt Management. Christian takes over after Anders Gånge, who spent 10 years at Kommuninvest as Head of Funding, but who leaves for a new position at the Riksbank.

“We are very pleased to announce Christian as the new Head of Debt Management,” says Maria Viimne, deputy CEO and chief operating officer at Kommuninvest. “Christians’ solid skills and experience in portfolio management and other capital market issues for public sector financial institutions are highly valuable.”

Christian Ragnartz comes from a role as Chief Strategist at Kommuninvest. Before Christian started at Kommuninvest in 2016, he worked as Deputy Executive Director at Finansinspektionen, Chief Investment Officer at The Seventh Swedish National Pension Fund (AP7) and held various positions at the Riksbank.

“It is a great challenge to continue to develop Kommuninvest’s debt management activities, with the aim of becoming the world’s leading municipal funding agency,” says Christian Ragnartz. “The markets are undergoing radical changes and, in order to ensure low borrowing costs for our members, we will increase our focus on the liquidity of our bonds.”

Kommuninvest has a debt portfolio of approx. SEK 375 billion and annually raises nearly SEK 100 billion in long-term funding, to finance Swedish municipal investments.

Christian Ragnartz started his new position on August 7th.

About Kommuninvest

Kommuninvest is a municipal cooperation for efficient and sustainable financing of housing, infrastructure, schools, hospitals etc. Together, we get better loan terms than each one individually. Since its inception in 1986, the Kommuninvest collaboration has helped lower the local government sector’s borrowing costs by many billion kronor. Currently, 288 municipalities and county councils/regions are members of this voluntary cooperation. With total assets approaching SEK 400 billion (USD ~50 billion), Kommuninvest is the largest lender to the local government sector and the sixth largest credit institution in Sweden. The head office is located in Örebro.

For further information

Björn Bergstrand, Head of Media Relations
+46 708 86 94 76
E-mail: bjorn.bergstrand@kommuninvest.se