Baltic Sea Properties

AGM Information • Jun 6, 2024

Minutes and presentation from Annual General Meeting in Baltic Sea Properties AS

Minutes and presentation from Annual General Meeting in Baltic Sea Properties AS

Reference is made to the stock exchange announcement published by Baltic Sea Properties AS ("BALT" or the "Company", and together with the Company's subsidiaries, "BSP") on 31 May 2024 regarding the successful private placement and conditional allocation of up to 1,781,395 new shares (the "Offer Shares") in the Company (the "Private Placement").

The Annual General Meeting (the "AGM") in BSP was held on 6 June 2024.

The AGM adopted the resolutions proposed by the board as set forth in the notice, including the consummation of the Private Placement, the issue and allocation of up to 1,781,395 Offer Shares, the amendment to § 10 of the Articles of Association, and the board authorisation for the subsequent offering of up to 1,020,408 new shares.

The minutes, voting protocol and presentation from the AGM are attached.

For further information, please contact:

Lars Christian Berger

CEO

Phone: +47 930 94 319

Email: Lcb@balticsea.no

This information is subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act and Euronext Growth Oslo Rule Book II.

Baltic Sea Properties is an open-ended and fully integrated real estate investment company. The company is among the Baltics’ leading real estate investors and developers – owning a diversified cash flow generating portfolio of modern real estate in the logistics, industrial and commercial segments.