Aurora Eiendom AS — Earnings Release 2022

Feb 16, 2023

Aurora Eiendom AS – Q4 2022 report

Aurora Eiendom AS – Q4 2022 report

Please find enclosed the report for Q4 2022 from Aurora Eiendom AS.

• Rental income in Q4 was NOK 139 million (NOK 79 million in Q4 2021) and NOK 448 million for the full year 2022 (NOK 158 million in 2021).

• Aurora Eiendom´s portfolio of shopping centers grew with the acquisition of Buskerud Storsenter, Gulskogen Senter and Arkaden Senter in 2022.

• Profit before tax for the full year 2022 was NOK 470 million.

• The shopping center segment delivered a strong year in total, where several of the centers in our portfolio set turnover records and we are satisfied with the overall turnover development.

• In total for 2022, the centers had a turnover increase of 3,2 percent compared to the year before.

• Tenant turnover continues to show positive development in January 2023, with an increase of 6,0% from January 2022

Lars Ove Løseth, CEO

+47 928 17 859

lars.ove.loeseth@alti.no

Kathrine Mauset, CFO

+47 46 44 84 11

kathrine.mauset@alti.no