Pioneer Property Group ASA

AGM Information • Nov 11, 2024

Pioneer Property Group ASA: Notice of extraordinary general meeting and proposed share capital reductions through redemption of ordinary shares and preference shares held in treasury

Pioneer Property Group ASA: Notice of extraordinary general meeting and proposed share capital reductions through redemption of ordinary shares and preference shares held in treasury

An extraordinary general meeting of Pioneer Property Group ASA (the "Company") will be held on 03 December 2024 at 09:00 hours (CET). The extraordinary general meeting will be held at the Company's offices located at Rådhusgata 23, 0158 Oslo, Norway. The notice of the extraordinary general meeting is attached hereto. The notice and other relevant documents are also available on the Company's website, www.pioneerproperty.no.

The board of directors of the Company has proposed that the share capital of the Company be reduced through (i) the redemption of 3,284,048 ordinary shares, against distribution of a redemption amount of NOK 47.220 per ordinary share to the holders of the redeemed shares, and (ii) the redemption of 500,000 preference shares held in treasury by the Company, as further described in the attached notice. This announcement is subject to disclosure under Section 5-12 of the Norwegian Securities Act and the requirements of Oslo Børs' Continuing Obligations.

Contact details for further information:

Øystein Grini, CFO

Telephone: +47 46 29 67 19

E-mail: IR@pioneerproperty.no