KMC Properties ASA — Capital/Financing Update 2023

Jul 6, 2023

Denne melding tu ^l obligasjonseieme er kun utarbeidet pa engelsk. For inforrnasjon vennligst kontakt Nordic Trustee AS.

To the bondholders in:

ISIN: N00010908163 - KMC Properties ASA FRN senior secured NOK 1,850,000,000 bonds 2020/2023

Oslo, 6 July 2023

Exercise of Call Option

Nordic Trustee AS (the "Bond Trustee") acts as bond trustee for the Bondholders in the above mentioned bond issue (the "Bond Issue") where 1CMC Properties ASA is the issuer (the "Issuer").

All capitalized terms used herein shall have the meaning assigned to them in the bond terms dated 10 December 2020 (the "Bond Terms").

The Issuer has notified the Bond Trustee of the exercise of the Call Option to redeem the Outstanding Bonds in whole in accordance with item (ii) of paragraph (a) of clause 10.2 of the Bond Terms, as follows:

Redemption amount: Redemption price:

Record Date: Call Option Repayment Date:

Yours sincerely Nordic Trustee AS

/u\ - "Lars Erik Lrum

All Outstanding Bonds 101 % of the Nominal Amount for each redeemed Bond plus accrued and unpaid interest 18 July 2023 20 July 2023