Information on Altor’s public takeover offer

Information regarding the public takeover offer by Altor

On 11 May 2026, Snark BidCo AB (the “Offeror”), a company controlled by Altor Fund V (No.1) AB and Altor Fund V (No.2) AB, announced a public takeover offer to the shareholders of Sleep Cycle to sell all shares in Sleep Cycle to the Bidder at a price of SEK 24.50 in cash per share (the “Offer”).

‍On 18 June 2026, the Offeror announced the outcome of the Offer, that the offer price will not be increased, and that the acceptance period had been extended to 2 July 2026.

On 3 July 2026, the Offeror announced that it decided to waive the acceptance level condition, that it completes the Offer and that the acceptance period had been extended to 17 July 2025. On 20 July 2026, the Offeror announced that it controls 16,057,298 shares in Sleep Cycle, corresponding to 79.2 percent of the share capital and votes in Sleep Cycle and that it will not further extend the acceptance period for the Offer.

‍For more information, please refer to the Offeror’s website relating to the Offer, http://building-for-wellness.com/.

Notification to Shareholders

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Press releases

The Board of Directors evaluates the offer from Altor

The Board of Directors of Sleep Cycle unanimously recommends the shareholders not to accept the public cash offer by Altor

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