Mandatory notification of trade and disclosure of large shareholding

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.