iii. any time from and including the first business day falling 24 months after 21 June 2021 to, but excluding, the first business day falling 30 months after 21 June 2021 at an amount per bond equal to 102.055 percent of the nominal amount plus any applicable Sustainability-Linked Redemption Premium, together with accrued but unpaid Interest; iv. any time from and including the first business day falling 30 months after 21 June 2021 to, but excluding, the first business day falling 33 months after 21 June 2021 at an amount per bond equal to 100.685 percent of the nominal amount plus any applicable Sustainability -Linked Redemption Premium, together with accrued but unpaid Interest; v. any time from and including the first business day falling 33 months after 21 June 2021 to, but excluding, 21 June 2024 at an amount per bond equal to 100 percent of the nominal amount plus any applicable Sustainability-Linked Redemption Premium, together with accrued but unpaid Interest; Redemption shall be made by the Issuer giving not less than fifteen business days’ notice to the Bondholders ant the Agent. Upon the occurrence of a change of control event or a delisting event, each bondholder shall have the right to request that all, or some only, of its bonds be repurchased at a price per bond equal to 101 percent of the nominal amount together with accrued but unpaid Interest, during a period of sixty (60) days following a notice from the Issuer of the change of control event or delisting event. The bond loan agreement is based on a negative pledge and the group can only to a limited extent pledge its assets to secure its other liabilities. The Senior Secured Floating Rate Bond of 5 April 2019, with nominal amount of total 56.5 mEUR, was settled by early redemption 8 July 2021. Call option premium for early redemption amounted to 1 314 kEUR. The bond loan agreement is available at: https://www.fiven. com/company-information/investor-relations/reports/ Un-secured shareholder loan On 6 April 2019 Fiven completed a loan agreement with its shareholder Tosca Intermediate Holdings SARL. The lender made available to Fiven ASA a loan in the amount of 32.13 mEUR payable in whole or in part to the lender on its demand. The loan plus accrued and capitalized interest shall be repaid by the borrower on the termination date of the loan, being 22 June 2024. All payment obligations of Fiven ASA shall be postponed and subordinated the following the placement of the Senior Secured Sustainability-Linked Floating Rate Bond, in accordance with a subordination agreement between Tosca Intermediate Holding Sàrl (the shareholder) and the Nordic Trustee & Agency AB, acting as agent on behalf of the bondholders. Prior to the subordination agreement, Fiven ASA could prepay the whole or any part of the Loan (together with all interest accrued thereon) at any time. Following the bond refinancing and listing, the subordination agreement precludes any prepayment or repayment in the subordination period, on demand or otherwise, that is not made by advance consent by the agent acting as representative of the bondholders. A one-off distribution of 15 mEUR for repayment of outstanding Shareholder Loan and accrued interests was made in July 2021, as approved explicitly in the agreement reached during refinancing. Fiven Annual Report 2021 92 Financial statements
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