Public Property Invest

Transaction in Own Shares • Dec 16, 2025

Mandatory notification of trade and disclosure of large shareholding

Mandatory notification of trade and disclosure of large shareholding

Reference is made to the stock exchange announcement by Public Property Invest

ASA (the "Company") on 11 November 2025, regarding the successful placement of

153,646,693 new ordinary shares (the "Private Placement").

In connection with the Private Placement, SocialCo Fastigheter AB, a legal

person closely associated with CIO of the Company, Ilija Batljan, subscribed

for and was allocated 77,541,478 ordinary class A-shares and 369,317,325

non-voting class B-shares in the Company at a subscription price of NOK 23 per

share. Please see the attached form of notification and public disclosure for

further information.

Reference is further made to the stock exchange announcement made by the

Company on 11 November 2025 regarding the settlement of the Private Placement

through, inter alia, a share lending agreement entered into between APG Invest

AS, SBB, Arctic Securities AS and DNB Carnegie, a part of DNB Bank ASA, and

the Company (the "Share Lending Agreement"). SBB has today, pursuant to the

Share Lending Agreement and pursuant to the conditions for the Private

Placement being fulfilled, lent out 15,000,000 ordinary shares in order to

facilitate DVP settlement of the Private Placement (the "Share Lending").

Please see the attached form of notification and public disclosure for further

information.

Following the Share Lending, SBB's holding of shares will be reduced from

115,440,355 ordinary shares to 100,440,355 ordinary shares in the Company,

constituting respectively 33.54% and 29.18% of the share capital and votes

outstanding in the Company. Consequently, SBB's registered holding of shares

has fallen below the 1/3 threshold pursuant to section 4-2 (1) of the

Norwegian Securities Trading Act. The above calculations have been made based

on a total of 344 182 818 outstanding shares in the Company.

The Share Lending is made solely for settlement purposes and will be returned

upon registration of the share capital increase resolved by the Company's

extraordinary general meeting held on 9 December 2025 and will consequently

not reduce SBB's ownership interest in the Company.

This information is subject to the disclosure requirements pursuant to the

Market Abuse Regulation (EU) 596/2014 (MAR) article 19 and section 4-2 and

section 5-12 of the Norwegian Securities Trading Act.