Extraordinary general meeting held, all agenda items approved. Resolution to increase the share capital, completion of the third and final tranche of the TRG transaction

10 Jun 2025 11:13 CEST

Oslo, 10 June 2025: An extraordinary general meeting of Public Property Invest
ASA ("PPI" or the "Company") was held today on 10 June 2025 at 10:00 hours
(CEST). The extraordinary general meeting was held in connection with the
acquisition of the portfolio of eight mission critical industrial
infrastructure assets from TRG Real Estate AS (the "Transaction").

All the matters on the agenda were approved in accordance with the proposals
from the board of directors, including the proposed resolution to increase the
Company's share capital with NOK 2,495,824.85 to issue the 49,916,497
consideration shares under the third and final tranche of the Transaction (the
"Tranche 3 Shares"), and the proposed resolution to elect Jens Jalland and
Charlotte Håkonsen as new members of the Company's board of directors.

The minutes from the extraordinary general meeting is attached hereto, and is
also available under the "Investor" section on the Company's website
https://publicproperty.no.

The other necessary steps for completion of the third and final tranche of the
Transaction were completed in conjunction with the extraordinary general
meeting.

The share capital increase related to the issuance of the Tranche 3 Shares is
expected to be registered with the Norwegian Register of Business Enterprises
(the "NRBE") on or about 11 June 2025. Following the registration of the share
capital increase with the NRBE, the Tranche 3 Shares will be issued on a
separate interim and unlisted ISIN, pending the approval by the Financial
Supervisory Authority of Norway of a listing prospectus (the "Prospectus").
Following approval of the Prospectus, the Tranche 3 Shares, together with the
consideration shares issued under the second tranche of the Transaction, will
be transferred to PPI's regular ISIN and become tradeable on Euronext Oslo
Børs.

For more information, please contact:
André Gaden, CEO
Email: andre@publicproperty.no T
el: +47 930 37 322.

This information is subject to the disclosure requirements in Section 5-12 of
the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

648743_PPI ASA Minutes From Extraordinary General Meeting 10 06 25.pdf