Press Release being issued by Linjemontage I Grastorp AB titled FIRST DAY OF TRADING IN LINJEMONTAGE''S SHARES ON NASDAQ STOCKHOLM

KPIL/26-27 25th September, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department ‘Exchange Plaza’, C-1, Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex Dalal Street, Fort Bandra (E) Mumbai - 400 001 Mumbai – 400 051 Scrip Code: 522287 Scrip Code: KPIL Sub.: Press Release Respected Sir / Madam, In furtherance to our earlier intimation(s) dated 09th September, 2026, 16th September, 2026 and 25th September, 2026 submitted to the stock exchanges, we are enclosing herewith a copy of Press Release being issued by Linjemontage I Grästorp AB, a first level step down material subsidiary of the Company (“LMG”) titled “FIRST DAY OF TRADING IN LINJEMONTAGE’S SHARES ON NASDAQ STOCKHOLM.” Kindly take the same on records. Thanking you, Yours faithfully, For Kalpataru Projects International Limited Shweta Girotra Company Secretary Encl.: As above Cor porate Office: Kalpataru Synergy, 7th Floor, Opp. Grand Hyatt, Santacruz (E), Mumbai - 400055. India | Tel: +91 22 3064 2100/+91 22 6885 1500 Registered Office: Plot No. 101, Part-III, G.I.D.C. Estate, Sector - 28, Gandhinagar - 382 028, Gujarat, India | Tel: +91 79 2321 4000 Email: info@kalpataruprojects.com | Website: www.kalpataruprojects.com | CIN: L40100GJ1981PLC004281 NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION, OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES Press release 25 September 2026 FIRST DAY OF TRADING IN LINJEMONTAGE’S SHARES ON NASDAQ STOCKHOLM Linjemontage i Grästorp AB (publ) (“Linjemontage” or the “Company”), one of the leading Swedish pure-play engineering, procurement and construction ("EPC")1 providers within power infrastructure, hereby announces the outcome of the offering to the public (the “Offering”) in connection with the listing of the Company’s shares on Nasdaq Stockholm (together with the Offering, the “IPO”). The Offering attracted very strong interest from international institutional investors as well as the general public in Sweden. The Offering was oversubscribed several times. Trading in the Company’s shares on Nasdaq Stockholm commences today, 25 September 2026. The Offering in brief  As previously announced, the price per share in the Offering was SEK 46 per share (the “Offer Price”), equivalent to a valuation of SEK 2,356,557,000 (representing the total market value of all shares in the Company after the IPO).  The Offering comprised 14,311,620 existing shares, corresponding to approximately 27.9 percent of the total number of shares and votes in Linjemontage (excluding the Over-allotment Option (as defined below)).  The Offering consisted only of existing shares and the Company will therefore not receive any proceeds from the Offering.  An over-allotment option has been provided to the Sole Global Coordinator and Joint Bookrunners (the “Over-allotment Option”) entitling the Sole Global Coordinator and Joint Bookrunners to, not later than 30 days from the first day of trading in the Company’s shares on Nasdaq Stockholm, request that a maximum of 2,146,743 additional existing shares are to be acquired from Kalpataru Power Transmission Sweden AB ("Kalpataru Sweden"), corresponding to a maximum of 15 percent of the number of shares in the Offering. The value of the Over-allotment option, based on the Offer Price, is approximately SEK 98.8 million. For complete information about the Over-allotment option, refer to the prospectus.  Assuming that the Over-allotment Option is exercised in full, the Offering will comprise up to 16,458,363 shares, which represents approximately 32.1 percent of the total number of shares and votes in Linjemontage.  The total value of the Offering amounted to approximately SEK 658.3 million. Assuming that the Over-allotment Option is exercised in full, the Offering will amount to approximately SEK 757.1 million.  In connection with the Offering, Kalpataru Sweden and the other selling shareholders2, as well as the members of the Board of Directors and Group Management, have entered into customary lock-up undertakings for a period of 360 days from the first day of trading.  In connection with the Offering, Linjemontage welcomes more than 5,500 new shareholders in the Company. 1 Engineering, procurement and construction. 2 Includes members of the Company's management team and the board of directors, as well as employees. 1 (6) NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION, OR RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES  Trading on Nasdaq Stockholm commences today, 25 September 2026, under the trading symbol “LMGAB”.  Settlement is expected to take place on 29 September 2026. Anders Åkerberg, CEO of Linjemontage, comments: “Today marks an important milestone in Linjemontage’s journey. I am proud of the hard work and dedication our employees have shown in bringing us to this point. For more than three decades, we have built and acquired the expertise and experience needed to contribute to the development of the Nordic electricity grid. A new chapter now begins for Linjemontage, and we look forward to continuing to develop the company together with our customers, partners, and new shareholders.” Ramesh Bhootra, Chair of the Board of Directors of Linjemontage, comments: "We are very pleased to see Linjemontage listed on Nasdaq Stockholm today. The company has grown into a larger and stronger organisation and is well prepared for a new phase as a listed company. We have strong confidence in Linjemontage’s long-term potential and are looking forward to following the company on its continued journey." Stabilisation measures In connection with the Offering, ABG Sundal Collier AB, on behalf of the Joint Bookrunners, will act as stabilisation manager (the “Stabilisation Manager”) and may, to the extent permitted in accordance with (EU) 596/2014 Market Abuse Regulation (“MAR”), carry out transactions aimed to stabilise, maintain, or in other ways support the market price of the Company’s shares, for up to 30 days from the commencement of trading in the Company’s shares on Nasdaq Stockholm. The Stabilisation Manager may effect transactions in order to maintain the market price of the shares at levels above those that might otherwise prevail in the open market. The Stabilisation Manager is, however, not required to carry out such transactions and there is no assurance that such activities will be undertaken. Such transactions may be effected on any securities market, including Nasdaq Stockholm, over-the-counter market or otherwise. Stabilisation transactions, if conducted, may be discontinued at any time without prior notice but must be ended no later than by the end of the abovementioned 30-day period. In no event will transactions be effected at levels above the final price in the Offering. No later than by the end of the seventh trading day after stabilisation transactions have been undertaken, it shall be made public that stabilising measures have been performed in accordance with article 5(4) in MAR. Within one week of the end of the stabilisation period, the Stabilisation Manager will make public whether or not stabilisation measures were undertaken, the date at which stabilisation started, the date at which stabilisation last occurred as well as the price range within which stabilisation was carried out for each of the dates during which stabilisation transactions were carried out. Except as required by law or regulation, the Stabilisation Manager will not disclose the extent of any stabilisation and/or over- allotment transaction carried out in relation to the Offering. About Linjemontage Linjemontage is a Swedish pure-pl [Showing first 8,000 characters — download PDF for full document]