Public Property Invest

Public Property Invest ASA successfully places EUR 300m 6-year senior unsecured bonds with a coupon of 3.875%

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN THE

UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE

UNLAWFUL

Public Property Invest ASA ("PPI") has today successfully placed a EUR 300

million bond issue. The 6-year senior unsecured fixed rate bonds mature on 16

October 2031 and pay a fixed coupon of 3.875%, equivalent to an issue-spread

of 6Y Mid-Swap + 165 basis points.

The bonds have been issued under PPI's existing EUR 2 billion EMTN programme

dated 25 November 2024 and supplemented on 18 June 2025 and 8 October 2025. An

application to list the bonds on the Official List of Euronext Dublin will be

made. The bonds are expected to be rated BBB by Fitch.

The net proceeds from the bond issue are intended to be used for general

corporate purposes.

"The issue marks our third transaction in the public EUR bond market and

affirms our strong standing in the international capital markets as an

attractive investment. This is also additional support for our ambition to

become the leading consolidator of social infrastructure properties in the

Nordics", says André Gaden, CEO.

DNB Carnegie, J.P. Morgan and Nordea acted as joint bookrunners in connection

with the transaction.

For further queries, please contact:

André Gaden, CEO, [email protected],

Ilija Batljan, CIO, [email protected] or

Marianne Aalby, EVP Finance, [email protected].

The securities referenced in this announcement are being offered and sold

pursuant to an exemption from the registration requirements of the U.S.

Securities Act of 1933, as amended, (the "Securities Act") outside the United

States in offshore transactions, in reliance on, and in compliance with

Regulation S under the U.S. Securities Act. This announcement does not

constitute an offer to any person in the United States. Distribution of this

announcement to any person within the United States is unauthorised

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