REG-Ørsted A/S REDEMPTION NOTICE

Oersted A/SAnnouncement

04/05/2023 09:15

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   Ørsted A/S (Orsted)
   REDEMPTION NOTICE

   04-May-2023 / 10:02 CET/CEST

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   4.5.2023 10:02:12 CEST | Ørsted A/S | Investor News

   Notice to the holders of EUR 700,000,000 Callable Subordinated Capital
   Securities due 3013 (ISIN: XS0943370543) (the ’Securities‘) issued by
   Ørsted A/S (formerly DONG Energy A/S) (the ’Issuer‘) on 26 June 2013
   Exercise of Issuer Call Option and Early Redemption of the Securities

   NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN
   THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE
   UNITED STATES OR THE DISTRICT OF COLUMBIA (THE UNITED STATES), OR TO ANY
   US PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF
   1933), OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO
   DISTRIBUTE THIS ANNOUNCEMENT OR THE TENDER OFFER MEMORANDUM (AS DEFINED
   BELOW).

   Reference is made to the terms and conditions of the Securities (the
   ’Terms and Conditions’).

   Capitalised terms used in this notice and not otherwise defined in this
   notice shall have the meanings assigned to them in the Terms and
   Conditions.

   The Issuer hereby gives irrevocable notice to the remaining
   Securityholders that it exercises its option to redeem the Securities in
   accordance with Condition 6(b) of the Terms and Conditions (Redemption at
   the option of the Issuer) (the ’Redemption‘). The redemption will occur on
   the First Par Call Date (being 26 June 2023) (the ’Redemption Date’).

   As set out in Condition 6(b) of the Terms and Conditions, all outstanding
   Securities will be redeemed at their principal amount (EUR 1,000 per
   Security) together with interest accrued to (but excluding) the First Par
   Call Date (the ’Redemption Amount‘). There will be no Outstanding Payments
   after the Redemption Date.

   The Redemption Amount will be paid to the Securityholders through the
   Clearing Systems for payment to the cash accounts of each person who is
   shown in the records of the Clearing Systems as a holder of the Securities
   at the end of business on 23 June 2023, being the business day immediately
   preceding the Redemption Date for payment to the Securityholders.

   The payment of the aggregate Redemption Amount to the Clearing Systems
   will discharge the obligations of the Issuer to all Securityholders in
   respect of the payment of the Redemption Amount for the Securities
   beneficially owned by them, and no additional interest will be payable to
   a Securityholder if there is any delay in the transmission of funds from a
   Clearing System or any other relevant intermediary with respect to the
   Securities.

   After the Redemption, there will be no Securities outstanding, and the
   Securities will be delisted from the Luxembourg Stock Exchange, and the
   admission of the Securities to trading on the Luxembourg Stock Exchange's
   regulated market will be cancelled with effect from the Redemption Date.

   This notice of exercise of the Issuer's redemption option with respect to
   the Securities is irrevocable.

   This notice is not to be construed as an offer to purchase or sell or a
   solicitation of an offer to purchase or sell any of the Securities.

   For further information, please contact:

   Media Relations
   Carsten Birkeland Kjær
   +45 99 55 77 65
    1 cabkj@orsted.com

   Investor Relations
   Rasmus Keglberg Hærvig
   +45 99 55 90 95
    2 ir@orsted.com

   About Ørsted
   The Ørsted vision is a world that runs entirely on green energy. Ørsted
   develops, constructs, and operates offshore and onshore wind farms, solar
   farms, energy storage facilities, renewable hydrogen and green fuels
   facilities, and bioenergy plants. Ørsted is recognised on the CDP Climate
   Change A List as a global leader on climate action and was the first
   energy company in the world to have its science-based net-zero emissions
   target validated by the Science Based Targets initiative (SBTi).
   Headquartered in Denmark, Ørsted employs approx. 8,000 people. Ørsted's
   shares are listed on Nasdaq Copenhagen (Orsted). In 2022, the group's
   revenue was DKK 132.3 billion (EUR 17.8 billion). Visit  3 orsted.com or
   follow us on Facebook, LinkedIn, Instagram, and Twitter.

       Attachments

     •  4 Redemption Notice.pdf

   News Source: Ritzau

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          DK0060094928
   Category Code: MSCM
   TIDM:          Orsted
   Sequence No.:  241436
   EQS News ID:   1624531


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:cabkj@orsted.com
   2. mailto:ir@orsted.com
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=c17d04adc46793f4466471ea992e18f7&application_id=1624531&site_id=reuters9&application_name=news
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=780b5e2463c2151a14dacc24e8079437&application_id=1624531&site_id=reuters9&application_name=news


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