FIrstFarms A/S: Notice about conversion of convertible bond to shares

FirstFarms A/S (”FirstFarms”) has today received a notification from Constantinsborg A/S (the ”Lender”) regarding notice about conversion of a convertible bond with a principal amount of DKK 89,100,000 as well as accrued interest (excluding interests already due and paid) (the “Loan Amount”) entered into between the Lender and FirstFarms on 29 February 2024 into DKK 1,100,000 shares in FirstFarms with a nominal value of DKK 10 each. The Lender is indirectly owned and controlled by Heartland A/S.