Public Property Invest

Public Property Invest ASA - Mandatory notification of trade and disclosure of large shareholding

12 December 2025: Reference is made to the stock exchange notice by Public

Property Invest ASA (the "Company") on 11 December 2025 regarding completion

of the acquisition of a social infrastructure portfolio from

Sämhallbyggnadsbolaget i Norden AB (publ) ("SBB").

As announced on 11 November 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, has agreed to subscribe and be allocated

class A-shares in a private placement in the Company and to acquire a certain

number of non-voting class B shares from SBB (the "APG Participation").

In connection with financing of the APG Participation, APG Invest has today

agreed to pledge in accordance with the Norwegian law on financial collateral

arrangements (Nw: lov om finansiell sikkerhetsstillelse) 137,487,381 class

A-shares and 182,353,200 non-voting class B shares in the Company, and Aker

Property Group AS, a wholly owned subsidiary of Aker ASA and a legal person

closely associated with board member of the Company, Jens-Fredrik Jalland, has

agreed to pledge 3000 shares in APG Invest, in favour of DNB Bank ASA as

security under a financing facility.*

The shares in the Company that will be pledged corresponds to approximately

33.32% of the share capital and approximately 23.28% of the votes in the

Company following completion of these transactions.**

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 sections 5-12 and 4-2 of the

Norwegian Securities Trading Act.

* The number of shares in the Company pledged in favour of DNB Bank ASA is

based on APG Invest's ownership in in the Company following completion of the

APG Participation.

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

November 2025 is fully subscribed.

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