Pioneer Property Group ASA

Board/Management Information • May 3, 2021

Pioneer Property Group: New CFO appointed

Pioneer Property Group: New CFO appointed

Pioneer Property Group ASA (PPG) has today appointed Øystein Grini as the new CFO of the group.

Grini was previously employed by Pareto Business Management, a subsidiary of Pareto Securities, and has previous experience as the CFO of Centennial AS and audit experience from PWC. Grini holds a Master of Science in Business and Economics, Major in Finance (“Siviløkonom”) from BI Norwegian Business School.

Grini succeeds Ole-Kristofer Bragnes who will hold the position as CFO until Grini starts medio September 2021, and will continue to work for Kristian Adolfsen and Roger Adolfsen as an Investment Manager in Hospitality Invest AS. Both Pioneer Property Group ASA and Hospitality Invest AS are ultimately majority owned by Kristian Adolfsen and Roger Adolfsen.

For further information, please contact:

Ole-Kristofer Bragnes, CFO

Telephone: +47 917 03 415

E-mail: IR@pioneerproperty.no