Essity Results Presentation Deck slide image

Essity Results Presentation Deck

Pre-conditional Public Offer Announced for 100% of Shares in Vinda Attractive offer yielding an annual return on the investment of approx. 14% at an EV/EBITDA multiple of 18.1x ▪ Isola Castle Ltd has announced that it will make a pre-conditional public offer to acquire 100% of Vinda for a price per share of HKD 23.5 ▪ Essity has signed an irrevocable undertaking to accept the offer in respect its 51.59% shareholding in Vinda Cash proceeds to Essity of approx. HKD 15bn (SEK 19bn) An exclusive license to continue to market and sell certain Essity branded products will be offered to Vinda after closing of the transaction to replace the existing license agreement ■ The transaction is expected to be completed mid-2024 Essity classifies the financial reporting of Vinda as discontinued operations as of Q4 2023 ■ ■ ■ essity Year-end Report 2023 Vinda #it January 25, 2024 6
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