Public Property Invest ASA Extraordinary general meeting held, all agenda items approved

09 Dec 2025 17:07 CET

An extraordinary general meeting of Public Property Invest ASA ("PPI" or the
"Company") was held today, 9 December 2025, at 16:30 hours (CET). The
extraordinary general meeting was held in connection with the acquisition of a
social infrastructure portfolio from Samhällsbyggnadsbolaget i Norden AB
(publ) ("SBB"), announced on 11 November 2025 (the "Transaction"), and the
private placement of 153,646,693 new ordinary shares in the Company (the
"Offer Shares") carried out in connection with the Transaction (the "Private
Placement").

All the matters on the agenda were approved in accordance with the proposals
from the board of directors, i.e. the approval of the Transaction, the
implementation of the new class of non-voting and non-listed shares (B
shares), the issuance of 446,858,803 new shares in the Company, comprising of
77,541,478 ordinary shares (A shares) and 369,317,325 non-voting and
non-listed shares (B shares), as partial consideration to SBB in the
Transaction (the "Consideration Shares"), the issuance of the Offer Shares and
the board authorization to increase the Company's share capital for the
subsequent offering to be carried out following, and subject to, completion of
the Transaction and the Private Placement.

The minutes from the extraordinary general meeting will be published in a
separate notice shortly, and will be made available under the "Investor"
section on the Company's website https://publicproperty.no.

All necessary regulatory approvals for completing the Transaction have been
obtained. The completion of the Transaction remains subject to necessary
resolutions by SBB's general meeting, and SBB will hold an extraordinary
meeting on 11 December 2025 to pass the necessary resolutions. The Transaction
is expected to be completed later this month.

The Offer Shares and the Consideration Shares will be issued shortly after
completion of the Transaction. Listing of the Consideration Shares, excluding
the non-voting B shares which will not be listed, and the Offer Shares issued
to APG Invest AS in the Private Placement is conditional on the preparation of
a prospectus to be approved by the Financial Supervisory Authority of Norway.
These shares will be admitted to trading on Euronext Oslo Børs only after the
prospectus has been approved and published. In the meantime, they will be
issued under a separate ISIN.

Contact
André Gaden
CEO
andre@publicproperty.no
+47 93037322

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