Scandic's President & CEO Jens Mathiesen has acquired a total of 155,000 stock options from Scandic's larger shareholders Stena Sessan and Formica. The options mature in approximately five years and have been acquired on market terms. The price per option amounts to 6.53 SEK and the strike price is 45 SEK.

Scandic has not participated in issuing the options. Since the options have been issued by shareholders, there is no dilution effect.

Following the acquisition, Jens Mathiesen's holdings in Scandic amount to 168,886 shares and 155,000 stock options.

About Scandic Hotels Group

Scandic is the largest hotel company in the Nordic countries with a network of about 280 hotels and 58,000 hotel rooms in operation and under development at more than 130 destinations. The company is leading the way in integrating sustainability in all areas and its award-winning Design for All concept ensures that Scandic hotels are accessible to everyone. Well loved by guests and employees, the Scandic Friends loyalty program is the largest in the Nordic hotel industry and Scandic is one of the most attractive employers in the region. Scandic is listed on Nasdaq Stockholm.

www.scandichotelsgroup.com

Henrik Vikström
Director Investor Relations
+46 709 52 80 06
Scandic