Private placement of shares in Swap.com Services Oy (FI) — EUR 19 million

Carnegie acted as sole financial adviser in the EUR 19 million pre-IPO private placement in Swap.com. Swap.com is today the leading provider of inexpensive pre-owned clothing in the U.S, active in a fast growing online consignment segment, with an addressable market of approximately USD 100 billion. Swap.com is currently growing with an average quarterly growth rate of over 30 percent, which is expected to continue. December 2016.