Baltic Sea Properties — Share Issue/Capital Change 2021

May 31, 2021

Notification of agreement on acquisition of shares in Baltic Sea Properties AS

Notification of agreement on acquisition of shares in Baltic Sea Properties AS

Carpe Diem Afseth AS (Buyer) - a company controlled by board member and primary insider John Afseth - has on 29th of May 2021 entered into an agreement of acquiring 25.000 shares in Baltic Sea Properties AS at a price per share of NOK 51,70.

Carpe Diem Afseth AS owns upon completion of the transaction, 371 186 shares, equal to 5,46%, in Baltic Sea Properties AS.

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