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First day of trading in the Munters share

May 19, 2017

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Munters Group AB ("Munters" or the "Company"), a leading global provider of energy efficient and mission critical precision climate control solutions for commercial and industrial applications, today announces the outcome of the Initial Public Offering of the Company's shares (the "Offering") and the listing of the shares on Nasdaq Stockholm. The Offering, with regard to the number of shares available[1], generated total demand in excess of SEK 50 billion, was more than 25 times oversubscribed and attracted very strong interest from both Swedish and international institutions as well as the general public in Sweden.

For the full press release, please see https://www.munters.com/en/investor-relations/

About Nordic Capital Private Equity Funds

Since the start in 1989, Nordic Capital Private Equity Funds have invested in large and medium sized companies, primarily in Northern Europe. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital creates value in its investments. The funds invest in companies in Northern Europe and in selected investment opportunities internationally. They are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK. Additional information about Nordic Capital is available through its corporate website, www.nordiccapital.com

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