Commentary & Deal Flow

Telefonaktiebolaget LM Ericsson (publ), a leading provider of mobile connectivity solutions to communications service providers, enterprises and the public sector, (ticker: "ERICB", country: SE) rated BBB- (positive) by S&P and BBB- (stable) by Fitch, has mandated BNP Paribas, Danske Bank, J.P. Morgan and SEB as Joint Bookrunners to arrange a series of fixed income investor calls to be scheduled on 21-Sep-26. A NetRoadshow presentation (including voiceover) has been made available. Danske Bank will be coordinating logistics.

An expected €500m (no-grow), Reg S Bearer, Green Senior Unsecured long 6yr € offering will follow, subject to market conditions.

• Expected Issue Rating: BBB- by S&P
• Programme: US$5bn EMTN Programme
• Listing: Regulated market of Euronext Dublin
• Green Financing Framework: The Green Bond offering will be issued in accordance with Ericsson’s Green Financing Framework dated March 2026, with an amount equal to the net proceeds used to finance or refinance Eligible Green Assets and Projects. A Second Party Opinion dated March 2026 has been delivered by S&P Global Ratings. The Green Financing Framework and Second Party Opinion are available on the Issuer’s website: https://www.ericsson.com/en/investors/debt-information/green-financing
• Target Market: Manufacturer target market (MiFID II and UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) or FCA Product Disclosure Sourcebook (DISC) disclosure document has been prepared as not deemed within scope / not available to retail in EEA or the UK, respectively.
• Documentation: The EMTN Offering Circular (including supplement) and the Final Terms, when published, will be available on the website of the Euronext Dublin at: https://live.euronext.com
• Stabilisation: Relevant stabilisation regulations apply