Notice of the results of voting

Notice of the results of voting on the proposed Resolutions of the SIJ8 Noteholders and offer to exchange SIJ8 notes for new SIJ9 notes

SIJ – Slovenska industrija jekla, d.d. (hereinafter: the Issuer) published, on 19 January 2026,  (i) an invitation to vote on the proposed resolutions of the holders of notes with the symbol SIJ8 (ISIN SI0032104489) (hereinafter: the Existing Notes); and (ii) an offer to exchange the Existing Notes for new notes with the symbol SIJ9 (hereinafter: the New Notes). 

The Issuer announces that (i) holders of 96.59% of the total nominal amount of the Existing Notes voted in favour of the proposed resolutions whilst (ii) holders 96.84% of the total nominal amount of the Existing Notes accepted the exhange offer.

The outcome of the voting marks an important step forward for the Issuer and its subsidiaries (hereinafter: the Group) towards establishing a stabilised capital structure with a meaningful maturity runway. The positive vote further demonstrates the continued support of the holders of the Existing Notes in the Issuer and its strategic refinancing solution.

Whilst the proposed resolutions were validly adopted, the amendments to the terms and conditions of the Existing Notes in accordance with the adopted resolutions will only take effect subject to the fulfilment of the additional condition that a written notice from NLB d.d. will be published on the SEOnet website (http://seonet.ljse.si/) no later than 31 March 2026, stating that the first drawdown has occurred in accordance with the Pari Passu FA, as set out in the Intercreditor Agreement concluded between, among others, the Issuer and the members of the Group as the Original Debtors, the lenders under the Pari Passu FA, GLAS Trust Corporation Limited as the Notes Agent and NLB d.d, as the Security Agent (hereinafter: the Condition Precedent).

If and when the Condition Precedent is fulfilled, the  exchange of the Existing Notes for the New Notes will also be carried out. Upon completion of the exchange, 398 New Notes will be issued in the total nominal amount of €39,800,000.00, and the number of Existing Notes will be reduced to 13 with a total nominal amount of €1,300,000.00. If the Condition Precedent is not fulfilled, neither the offer to exchange the Existing Notes for the New Notes nor its acceptance by the holders of the Existing Notes shall have any effect.

The Issuer is working torward satisfying the Condition Precedent and will make all applicable announcements when this occurs. 

Management Board of SIJ d.d.

Date: 3 February 2026