PIPER To Venue Retail Group AB’s creditors Notification on company reorganisation On 20 November, 2019 the Stockholm District Court granted Venue Retail Group AB’s application for reorganisation and appointed the undersigned, Mr. Erik Selander, attorney at law, as administrator. 1 hereby inform you about the decision pursuant to the provisions in Chapter 2, Section 13 of the Business Reorganisation Act (Swedish: Lag om ffiretagsrekonstruktion). As stated in the decision and in accordance with the provisions in Chapter 2, Sections 10 and 16 of the Business Reorganisation Act, the creditors’ meeting will be held before the Stockholm District Court, Scheelegatan 7, in Stockholm, at 3:00 p.m. on Friday, December 6, 2019. Enciosed you will find a preliminary schedule of assets and liabilities and a preliminary reorganisation plan for the company. The plan, and any changes to the plan which may have occurred before the creditors’ meeting, will be reviewed at the creditors’ meeting. In the enclosed preliminary reorganisation plan, you will find the company’s last balance sheet, additional information about the company’s financial position, details about the reasons for the payment difficulties and information about how the business may be reorganised. Stockholm, A/1( 2/9 ERIK SELANDER Attorney at law ADVOKATFIRMA DLA PIPER SWEDEN KB
[email protected] PER PRELIMINARY REORGANISATION PLAN CONCERNING VENUE RETAIL GROUP AB; CASE NUMBER Ä 15814-19 Background On 20 November, 2019 the Stockholm District Court granted Venue Retail Group AB’s (hereinafter the “Company”) application for a company reorganisation and appointed the undersigned as administrator. In accordance with Chapter 2, Section 12, Subsection 1 of the Business Reorganisation Act (Swedish: Lag om fl5retagsrekonstruktion) the administrator shall examine the debtor’s financial position and, in consultation with the debtor, prepare a plan which sets forth the manner in which the goals of the company reorganisation shall be achieved (hereinafter the “reorganisation plan”).