André Gaden appointed as new CEO and Ilija Batljan as CIO

30 Oct 2024 17:32 CET

The Board of Public Property Invest ASA ("PPI") has today appointed André
Gaden as the new CEO of PPI. Mr Gaden is today the COO of PPI. The Board has
also appointed Ilija Batljan as new CIO of PPI. Batljan has served as interim
CEO since the IPO in April 2024.

«There has been an extensive recruitment process where both highly qualified
internal and external candidates have been assessed. The Board of Directors is
very pleased that André Gaden has accepted the position as the CEO of PPI. He
has held important management positions in both PPI and other real estate
companies, and he knows both the company and the sector very well» says Martin
Mæland, Chair of the Board in PPI.

André Gaden is currently the COO of PPI. He has previously served as Property
Director for Samhällsbyggnadsbolaget i Norden AB (publ) and
Hemfosa Samfunnsbygg AS as well as Commercial Director for Citycon Oyj. Mr
Gaden holds an MBA from BI Business School.

"Ilija Batljan has been instrumental in establishing the current PPI structure
as a well-capitalized, listed real estate company and a sustainable owner,
operator and developer of social infrastructure properties. I am very pleased
that he will continue his important work in establishing PPI as a leading
consolidator as the company's Chief Investment Officer" continues Mæland.

Mr Batljan is the Founder and a member of the board of directors
of Samhällsbyggnadsbolaget i Norden AB (publ). He has served as Board member
for a large number of companies and has been Deputy CEO of Rikshem AB as well
as Deputy County Commissioner for Stockholm Regional Council. Ilija Batljan
holds BA in economics from Stockholm University and PhD in Demography and
Planning for elderly care.

The change will be effective from 1 January 2025.

Contact: Tone Omsted, EVP IR and Corporate Finance, Mail:
tone.omsted@publicproperty.no, Tel: +47 98228510

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2024-10-30 17:32 CET.

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