Public Property Invest

New share capital registered

Reference is made to the stock exchange announcement made by Public Property

Invest ASA ("PPI") on 20 May 2025, informing of the completion of the

transaction with TRG Real Estate AS, and the resolution by PPI's board of

directors to issue 30,524,657 consideration shares (the "Tranche 1 Shares")

and 43,956,920 consideration shares (the "Tranche 2 Shares"), in total

74,481,577 shares, as partial consideration under the transaction.

The share capital increase pertaining to the two tranches has now been

registered with the Norwegian Register of Business Enterprises, and PPI's

share capital following such registration is NOK 14,713,316.05 divided into

294.266.321 shares, each with a nominal value of NOK 0.05.

The Tranche 1 Shares will be issued under PPI's regular ISIN NO0013178616 and

will be immediately tradeable on Euronext Oslo Børs upon issue. The Tranche 2

Shares will be issued on a separate interim and unlisted ISIN, pending the

approval by the Financial Supervisory Authority of Norway of a listing

prospectus for such shares (the "Prospectus"). Following approval of the

Prospectus, the Tranche 2 Shares will be transferred to PPI's regular ISIN and

become tradeable on Euronext Oslo Børs.

This information is subject to disclosure under section 5-12 of the Norwegian

Securities Trading Act.

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