Aurora Eiendom AS – Result in the conditional Cash Offer

15 May 2025 08:30 CEST

Aurora Eiendom AS (AURA) (the “Company”) refers to earlier stock exchange
announcements in connection with the proposed voluntary delisting from Euronext
Growth, and the voluntary cash offer (the “Cash Offer”) launched in connection
therewith, by certain shareholders (the "Offerors"), for all outstanding shares
(the "Shares") in the Company not already owned by the Offerors (the “Offer
Shares”), providing eligible shareholders an opportunity to sell its Shares in
the Company as an alternative to continuing as owners in a private structure.

The offer period for the Cash Offer expired at 16:30 hours (Norwegian time) on
14 May 2025 (the "Offer Period"). Eligible shareholders have agreed to sell
approx. 1.07 million Offer Shares (corresponding approx. 3.46% of the Company’s
shares in issue) to the Offerors in the Cash Offer at NOK 86.83 per Offer Share,
which corresponds to the volume weighted average price (VWAP) of the Company’s
shares for the last 30 trading days prior to launch of the Cash Offer.

The completion of the Cash Offer is subject to (i) the Company’s annual general
meeting, to be held on 15 May 2025, resolving to apply for the delisting, (ii)
the board of directors of the Company resolving to apply for the delisting and
to complete the Cash Offer, and (iii) the approval of Euronext Growth Oslo of
the delisting (the “Conditions”).

Settlement in the Cash Offer, if the Conditions are fulfilled, is expected in
June 2025.

Important notice:
The Cash Offer and the distribution of this announcement and other information
in connection with the Cash Offer may be restricted by law in certain
jurisdictions. Neither the Company, nor the Offerors, or the receiving agent,
assume any responsibility in the event there is a violation by any person of
such restrictions. Persons into whose possession this announcement or such other
information should come are required to inform themselves about and to observe
any such restrictions. This announcement is not an offer document and, as such,
does not constitute an offer or the solicitation of an offer to subscribe to,
acquire, or sell, shares. The Cash Offer will not be made directly or indirectly
in any jurisdiction where either an offer or participation therein is prohibited
by applicable law or where any tender offer document or registration or other
requirements would apply. This announcement contains certain forward-looking
statements. All statements, other than statements of historical fact, included
herein, including without limitation, statements regarding the delisting, the
Cash Offer, the Conditions, the Company or the Offerors, are forward-looking
statements that involve risk and uncertainties. There can be no assurances that
such statements will prove to be accurate, and actual results could differ
materially from those anticipated in such statements.

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