Divestment of Delete Demolition Oy (FI) by Delete Finland Oy (FI) to Lotus Maskin & Transport AB (SE) — Amount not disclosed

Carnegie acts as financial adviser to Delete Group, majority owned by Axcel, in the divestment of Delete Demolition Oy, a group company operating in the demolition services market in Finland. The transaction was completed by way of Delete Finland Oy selling all shares in Delete Demolition Oy to Lotus Maskin & Transport AB. In 2019, the turnover of the Demolition Services business in Finland was EUR 50.9 million. Pending.