Public Property Invest

Transfer of shares in PPI within the SBB group - exemption from mandatory offer obligation and disclosure of large shareholding

Transfer of shares in Public Property Invest ASA within the SBB group --

Exemption from mandatory offer obligation, mandatory notification of trades by

close associates of primary insider and disclosure of large shareholding.

The Company's largest shareholder, Samhällsbyggnadsbolaget i Norden AB (being

a close associate of primary insider Ilija Batljan, CIO of Public Property

Invest ASA), has following close of trade today, on 10 April 2025, transferred

all its 75,631,366 shares (the "Shares") in Public Property Invest ASA (the

"Company") to its indirect wholly-owned subsidiary, SBB I Norden AB (the

"Transfer").

Samhällsbyggnadsbolaget i Norden AB owns 100% of the shares in SBB Samhäll

Norden 1 AB, which in turn owns 100% of the shares in Samhällsbyggnadsbolaget

i Norden Holding AB, which in turn owns 100% of the shares in SBB I Norden AB.

The Transfer will hence not entail any change of control or any changes in the

beneficial ownership of the Shares.

Following the Transfer, SBB I Norden AB holds 75,631,366 shares in the

Company, equal to approximately 34.41% of the total number of issued shares

and votes in the Company. Samhällsbyggnadsbolaget i Norden AB will, following

the Transfer, not hold any shares directly in the Company.

The Oslo Stock Exchange, in capacity as the takeover supervisory authority up

until 1 April 2025, has in a decision dated 15 January 2025 resolved to grant

an exemption from the mandatory bid obligation pursuant to Section 6-2 (3) of

the Norwegian Securities Trading Act with respect to the Transfer.

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

of the transaction.

This information is subject to the disclosure requirements in article 19 of

Regulation EU 596/2014 (the EU Market Abuse Regulation) and Section 5-12 of

the Norwegian Securities Trading Act.

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