Baltic Sea Properties — Capital/Financing Update 2021

Jun 16, 2021

Baltic Sea Properties completes refinancing

Baltic Sea Properties completes refinancing

Oslo, 16th of June 2021 – Baltic Sea Properties AS ("BALT" or "the Company", and together with the Company's subsidiaries, "BSP") refers to Oslo Stock Exchange releases and information on the 2nd and 12th of March 2021, regarding the refinancing of the Company’s property portfolio.

The loan agreements for the remaining two (2) subsidiaries have been signed with Luminor, in accordance with the information published in the Oslo Stock Exchange releases on the 2nd and 12th of March 2021.

For more information, please contact:

Lars Christian Berger

CEO

phone: +47 930 94 319

Lcb@balticsea.no

Baltic Sea Properties AS is a Norwegian real estate company focusing on development and property management in the Baltics.

The company is one of the Baltics’ leading real estate investors and owns approximately 130,000 m2 of Industrial, logistics & commercial projects in the Baltics with a current expansion possibility for a further 100,000 m2 primarily focused on industrial & logistics parks.

The information in this announcement is subject to disclosure requirements under the EU Market Abuse Regulation and Euronext Growth listing rules