Black Sea Property AS

Director's Dealing • Mar 27, 2023

1 Details of the person discharging managerial responsibilities/person closely associated a) Name Christinedal AS 2 Reason for the notification a) Position/status Close associate of Board member Hans Gulseth b) Initial notification/ Amendment Initial notification 3 Details of the issuer a) Name Black Sea Property AS b) LEI 213800HELCJXXWXSP608 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Shares of Black Sea Property AS ISIN: NO0010755101 b) Nature of the transaction Subscription of shares in private placement c) Price(s) and volume(s) Price(s) Volume(s) 0.40 1,400,000 d) Aggregated information - Aggregated volume - Price A total of 1,400,000 new shares subscribed at a price per share of NOK 0.40, corresponding to a total subscription amount of NOK 560,000. e) Date of the transaction 27 March 2023 f) Place of the transaction Outside of trading venue

Notification and public disclosure of transactions by Primary Insiders and their Close Associates