Public Property Invest

André Gaden appointed as new CEO and Ilija Batljan as CIO

The Board of Public Property Invest ASA ("PPI") has today appointed André

Gaden as the new CEO of PPI. Mr Gaden is today the COO of PPI. The Board has

also appointed Ilija Batljan as new CIO of PPI. Batljan has served as interim

CEO since the IPO in April 2024.

«There has been an extensive recruitment process where both highly qualified

internal and external candidates have been assessed. The Board of Directors is

very pleased that André Gaden has accepted the position as the CEO of PPI. He

has held important management positions in both PPI and other real estate

companies, and he knows both the company and the sector very well» says Martin

Mæland, Chair of the Board in PPI.

André Gaden is currently the COO of PPI. He has previously served as Property

Director for Samhällsbyggnadsbolaget i Norden AB (publ) and

Hemfosa Samfunnsbygg AS as well as Commercial Director for Citycon Oyj. Mr

Gaden holds an MBA from BI Business School.

"Ilija Batljan has been instrumental in establishing the current PPI structure

as a well-capitalized, listed real estate company and a sustainable owner,

operator and developer of social infrastructure properties. I am very pleased

that he will continue his important work in establishing PPI as a leading

consolidator as the company's Chief Investment Officer" continues Mæland.

Mr Batljan is the Founder and a member of the board of directors

of Samhällsbyggnadsbolaget i Norden AB (publ). He has served as Board member

for a large number of companies and has been Deputy CEO of Rikshem AB as well

as Deputy County Commissioner for Stockholm Regional Council. Ilija Batljan

holds BA in economics from Stockholm University and PhD in Demography and

Planning for elderly care.

The change will be effective from 1 January 2025.

Contact: Tone Omsted, EVP IR and Corporate Finance, Mail:

[email protected], Tel: +47 98228510

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 17. The information was submitted for publication at

2024-10-30 17:32 CET.

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