Axactor SE has notified Nordic Trustee (in the enclosed Call Option Notice) of
its intention to exercise today its call option for the remaining outstanding
bonds in the Bond issue AXA01, "Axactor SE EUR 250,000,000 FRN Senior Unsecured
Bond Issue 2018/2021 - ISIN NO 001 0819725". The entire Bond issue will be
repaid at 100% of the Nominal Amount plus accrued interests on the redeemed
amount), with settlement date 5 February 2021 (being the date falling five (5)
Business Days after the date of the Call Option Notice).

For additional information please contact:

Kyrre Svae, Interim CFO, Axactor
Mobile phone: +47 478 39 405
E-mail: kyrre.svae@axactor.com

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