Baltic Sea Properties

Interim / Quarterly Report • Aug 15, 2024

Half-Year Report (Q2) 2024 – Baltic Sea Properties (BALT)

Half-Year Report (Q2) 2024 – Baltic Sea Properties (BALT)

Oslo, 15th of August 2024, 08:00 CEST.

The Board of Directors of Baltic Sea Properties AS ("BALT" or "the Company", and together with the Company's subsidiaries, "BSP") has approved the Company’s half-year (Q2) report for 2024.

For the first half of 2024, BSP recorded a profit of NOK 25.2 million (EUR 2.2 million), compared to NOK 13.7 million (EUR 1.2 million) for the same period last year.

For additional details regarding financial performance and other relevant information, please refer to the attached report.

This information is pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

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For more information, please contact:

Lars Christian Berger

CEO

Phone: +47 930 94 319

Lcb@balticsea.no

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.

Company website: balticsea.no