Logistea — Capital/Financing Update 2024

Nov 29, 2024

Denne melding til obligasjonseieme er kun utarbeidet på engelsk. For informasjon vennligst kontakt Nordic Trustee AS.

To the bondholders in:

ISIN: NO0012955105 - KMC Properties ASA FRN senior secured NOK 1,500,000,000 bonds 2023/2026

Oslo, 29 November 2024

Exercise of conditional 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 Logistea Properties AS is the issuer (the "Issuer").

All capitalized terms used herein shall have the meaning assigned to them in the bond terms dated 3 July 2023, and amended and restated 11 July 2024 (the "Bond Terms").

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

Redemption amount: Redemption price:

Record Date: Call Option Repayment Date: All Outstanding Bonds 103.29535 % of the Nominal Amount for each redeemed Bond plus accrued and unpaid interest 11 December 2024 13 December 2024

The call notice is conditional, and shall be null and void if the conditions set out therein have not been satisfied or waived 3 Business Days prior to the Repayment Date.

Yours sincerely Nordic Trustee AS