Notice of extraordinary general meeting

17 Feb 2026 08:00 CET

Reference is made to the stock exchange announcement made by Public Property
Invest ASA ("PPI" or the "Company") on 9 February 2026 regarding the approval
and signing of the merger plan (the "Merger Plan") for the cross-border merger
(the "Merger") with the Company's wholly-owned Swedish subsidiary, SocialCo
Fastigheter 2 AB (to be renamed Public Property Invest AB (publ)), to
facilitate the Company's re-domiciliation to Sweden. The Merger is conditional
upon, inter alia, the Company's general meeting approving the Merger Plan. The
Company's two largest shareholders, SBB (as defined below) and APG Invest AS
have undertaken to vote in favour of the approval of the Merger Plan.

Further, the Company's wholly-owned subsidiary, PPI 2 AB, has entered into a
share purchase agreement with Samhällsbyggnadsbolaget IB Service AB (the
"Seller"), an indirect wholly-owned subsidiary of Samhällsbyggnadsbolaget i
Norden AB (publ) ("SBB"), to acquire all the shares in Samhällsbyggnadsbolaget
Förvaltning Sverige AB ("SBB Forvaltning") and to assume the SBB group's
outstanding debt to SBB Forvaltning, which will be set off against the
Seller's claim for the purchase price (the "Agreement"). As the Agreement is
made between a company controlled by the Company and a company controlled by
SBB, the Agreement must, pursuant to Section 9 of the Company's articles of
association, be submitted to the Company's general meeting for approval. In
relation thereto, the board of directors has prepared a statement and a
declaration for the Agreement, which will be made available on the Company's
website. The background and rationale for the entry into of the Agreement is
described therein.

To approve the Merger Plan and the Agreement, the board of directors has
resolved to call for an extraordinary general meeting to be held on 11 March
2026 at 12:30 hours (CET). SBB will abstain from voting on item 4.2 on the
agenda regarding the approval of the Agreement, as it involves companies
within the SBB group.

The notice for the extraordinary general meeting is attached hereto. The
notice and the documents referred to therein will also be made available on
the Company's website: www.publicproperty.no/en.

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

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act and the requirements of Euronext
Oslo Børs' Continuing Obligations.

More information:
Access the news on Oslo Bors NewsWeb site

666017_PPI ASA Notice Of EGM.pdf