Mandatory notification of trade and disclosure of large shareholding

16 Dec 2025 16:49 CET

Reference is made to the stock exchange announcement by Public Property Invest
ASA (the "Company") on 11 November 2025, regarding the successful placement of
153,646,693 new ordinary shares (the "Private Placement").

In connection with the Private Placement, SocialCo Fastigheter AB, a legal
person closely associated with CIO of the Company, Ilija Batljan, subscribed
for and was allocated 77,541,478 ordinary class A-shares and 369,317,325
non-voting class B-shares in the Company at a subscription price of NOK 23 per
share. Please see the attached form of notification and public disclosure for
further information.

Reference is further made to the stock exchange announcement made by the
Company on 11 November 2025 regarding the settlement of the Private Placement
through, inter alia, a share lending agreement entered into between APG Invest
AS, SBB, Arctic Securities AS and DNB Carnegie, a part of DNB Bank ASA, and
the Company (the "Share Lending Agreement"). SBB has today, pursuant to the
Share Lending Agreement and pursuant to the conditions for the Private
Placement being fulfilled, lent out 15,000,000 ordinary shares in order to
facilitate DVP settlement of the Private Placement (the "Share Lending").
Please see the attached form of notification and public disclosure for further
information.

Following the Share Lending, SBB's holding of shares will be reduced from
115,440,355 ordinary shares to 100,440,355 ordinary shares in the Company,
constituting respectively 33.54% and 29.18% of the share capital and votes
outstanding in the Company. Consequently, SBB's registered holding of shares
has fallen below the 1/3 threshold pursuant to section 4-2 (1) of the
Norwegian Securities Trading Act. The above calculations have been made based
on a total of 344 182 818 outstanding shares in the Company.

The Share Lending is made solely for settlement purposes and will be returned
upon registration of the share capital increase resolved by the Company's
extraordinary general meeting held on 9 December 2025 and will consequently
not reduce SBB's ownership interest in the Company.

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation (EU) 596/2014 (MAR) article 19 and section 4-2 and
section 5-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

662196_20251216 PDMR Notifications Share Lending SBB.pdf
662196_20251216 PDMR Notifications (SocialCo Fastigheter AB).pdf