KMC Properties ASA – Mandatory notification of trade

23 Dec 2022 19:36 CET

On 23 December 2022, BEWI Invest AS, a close associate of board member and
primary insider Stig Wærnes, has entered an agreement for the sales of 13 020
833 shares in KMC Properties ASA at a price of NOK 7.68 per share, equalling the
price per share paid by BEWI Invest in the private placement completed 3
November 2022 adjusted for the 4 per cent underwriting commission.

Following completion of the sales of the shares, BEWI Invest AS owns 139 019 470
shares and votes in KMC Properties ASA, equal to 42.92 per cent of the shares
and votes in KMC Properties ASA.

In addition, BEWI ASA, a company owned 51.19 per cent by BEWI Invest AS, owns 8
571 428 shares, equal to 2.65 per cent in KMC Properties ASA. As a result, BEWI
Invest AS will directly and indirectly control 147 590 898 shares and votes in
KMC Properties ASA, equal to 45.57 per cent.

Completion of the transaction is expected to take place before the end of the
year.

Please refer to the attached notification of trading for further details.

For further information, please contact:
Charlotte Knudsen, IR and Communications KMC Properties ASA, tel. +47 97561959

About KMC Properties ASA
KMC Properties is an Oslo Børs-listed real estate company focusing on
industrial- and logistic properties. The company has a diversified portfolio of
properties in the Nordics and the Netherlands.

The properties are strategically located and have long lease agreements with
solid tenants. KMC Properties has an ambitious strategy to grow the portfolio
through further development of existing properties, as well as M&A initiatives.

This information is subject to disclosure requirements pursuant to Section 5-12
in the Norwegian Securities Trading Act, cf. Section 4-2.

More information:
Access the news on Oslo Bors NewsWeb site

579178_221223 KMC_Notification of transactions by Close Associates (BEWI Invest AS).pdf