Public Property Invest

Transaction in Own Shares • Dec 17, 2025

Public Property Invest ASA - Mandatory notification of trade

Public Property Invest ASA - Mandatory notification of trade

December 17, 2025: Reference is made to the stock exchange notices by Public

Property Invest ASA (the "Company") on December 16, 2025 and December 17, 2025

regarding completion of the acquisition of a social infrastructure portfolio

from Sämhallbyggnadsbolaget i Norden AB (publ) ("SBB", and such transaction,

the "SocialCo Transaction").

As announced on November 11, 2025, APG Invest AS ("APG Invest"), a wholly

owned subsidiary of Aker ASA and a legal person closely associated with board

member of the Company, Jens-Fredrik Jalland, agreed in connection with the

SocialCo Transaction to subscribe and be allocated class A shares in a private

placement in the Company (the "Private Placement") , to acquire a certain

number of non-voting class B shares in the Company from SBB, to exchange a

certain number of class A shares for class B shares with SBB, and to lend out

a certain number of class A shares to facilitate DVP settlement of the

Private Placement.

Settlement of the above transactions was completed today, December 17, 2025.

In connection with the settlement APG Invest has:

* received in the Private Placement 56,818,629 unlisted ordinary shares in the

Company with ISIN NO0013699991 at a subscription price of NOK 23 per share;

* received 12,991,501 unlisted ordinary class A shares in the Company with

ISIN NO0013699991 to settle a lending of the same number of listed ordinary

class A shares to facilitate DVP settlement of the Private Placement;

* acquired 178,432,867 non-voting class B shares with ISIN: NO0013700005 from

SBB for cash at the subscription price in the Private Placement; and

* exchanged with SBB 3,920,333 ordinary class A shares in the Company with

ISIN: NO0013178616 for a corresponding number of non-voting class B shares

with ISIN: NO0013700005.

After completion of the abovementioned transactions, APG Invest holds

137,487,381 ordinary class A-shares, of which 69,810,130 are unlisted pending

publication of a listing prospectus by the Company, and 182,353,200

non-voting class B shares in the Company, corresponding to an economic

interest of approximately 33.32% and voting rights of approximately 23.28% in

the Company.*

Please see attachment for more information regarding the transactions in

accordance with Regulation EU 596/2014 (MAR) article 19.

This information is subject to the disclosure requirements pursuant to Article

19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian

Securities Trading Act.

* Assuming that the subsequent offering announced by the Company on 11

November 2025 is fully subscribed.