Helsinki 10 December 2013, 07.00 CET/08.00 EET Sanitec Corporation (“Sanitec” or the “Company”), the leading producer of bathroom ceramics in Europe, today announces the outcome of the initial public offering (the “Offering”) of its shares and listing on NASDAQ OMX Stockholm. The Offering attracted strong interest among Swedish and international institutional investors as well as Swedish retail investors. The Offering was over-subscribed several times. Highlights of the Offering · The final offering price per share set at SEK 61, corresponding to an equity value of Sanitec of SEK 6,100 million · The Offering was increased in accordance with the terms of the Offering by 12,173,914 shares, implying that a total of 52,173,914 shares, corresponding to 52.2% of the shares in Sanitec, are being sold by the Company’s sole shareholder Sofia IV S.à r.l. (the “Selling Shareholder”), indirectly owned by EQT IV (1) · In addition, the Selling Shareholder has granted an over-allotment option (2) of up to 7,826,086 additional shares, representing up to 15.0% of the total number of shares in the Offering. If the over-allotment option is exercised in full, the Offering comprises 60,000,000 shares representing 60.0% of the shares in Sanitec · The Offering is valued at SEK 3,183 million assuming that the over-allotment option is not exercised and SEK 3,660 million assuming that the over-allotment option is exercised in full · Trading in the Sanitec share on NASDAQ OMX Stockholm commences today 10 December 2013 under the symbol “SNTC” (1) Certain of Sanitec’s previous lenders and members of management and the Board of Directors currently have a beneficial interest in Sofia LP, the indirect owner of the Selling Shareholder (2) The over-allotment option is exercisable on one or more occasions, in whole or in part, by Nordea and/or UBS Investment Bank, as stabilization managers, for 30 days following the first day of trading of the shares on NASDAQ OMX Stockholm. Peter Nilsson, CEO of Sanitec, comments: “We are very proud of the strong interest we have received from both institutional and retail investors. The outcome of the Offering confirms that we during the last years have been very successful in implementing efficiency improvements under the “One Sanitec” strategy and is also a sign of confidence in our future plans and strategy. We welcome our around 3,000 new shareholders and look forward to continuing to develop Sanitec as a publicly listed company”. Caspar Callerström, Partner at EQT Partners, comments: “We are very pleased with the outcome of the Offering and the strong shareholder base with well-reputed Swedish and international institutional investors as well as Swedish retail investors. We would like to welcome the many new shareholders and look forward to continuing to support the future development of Sanitec”. Following completion of the Offering and assuming that the over-allotment option is exercised in full, the Selling Shareholder will remain the largest shareholder with approximately 40.0% of the shares in Sanitec. Approximately 3,000 investors have been allocated shares in Sanitec. Approximately 6% of the shares have been allocated to retail investors, and 94% to institutional investors. Nordea and UBS Investment Bank are acting as Joint Global Coordinators and Joint Bookrunners. Carnegie Investment Bank is acting as Joint Bookrunner and Handelsbanken Capital Markets is acting as Co-Lead Manager. For additional information, please contact: Niklas Alm Head of Investor Relations firstname.lastname@example.org mob. 46 76 855 7836 Noora Koikkalainen Head of Corporate Communications email@example.com tel. 358 10 662 5426 About Sanitec Sanitec is the market leader in bathroom ceramics and a leading supplier of bathroom fixtures in the Company’s core markets with a unique portfolio of locally well-established brands. Sanitec has longstanding and stable relationships with customers, installers and other industrial partners, and develops sustainable and complete bathroom concepts including bathroom ceramics, furniture, pre-wall flushing solutions, taps and mixers, as well as baths and showers. Sanitec’s brands and products represent a high level of innovation and quality, as well as advanced design that is both functional and attractive. Sanitec operates an integrated organisation with an unparalleled local presence to provide the best value to its customers when it comes to bathroom products. In 2012 net sales amounted to EUR 753 million, and currently Sanitec employs approximately 6,500 people working in 18 European based production plants and at the Company’s sales, product management and design and other support offices. Sanitec’s head office is located in Helsinki, Finland. For more information about Sanitec and its products, please visit www.sanitec.com. ________________________________________________________________________________ Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan. This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Sanitec Corporation does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States. In any EEA Member State, other than Sweden, that has implemented Directive 2003/71/EC as amended (together with any applicable implementing measures in any member State, the “Prospectus Directive”), this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive. Any investment activity to which this communication relates will only be available to and will only be engaged with, qualified investors. This communication does not constitute an offer of the securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom or (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.