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Regulatory press release

OLT: REPORT Q3 2023

Olav Thon Eiendomsselskap
Highlights of the report: 

The Group posted another good operating result in Q3, with profit before tax,
fair value adjustments and currency result amounting to NOK 541 (518) million

Following the downward fair value adjustments of the Group's property portfolio
by NOK 1,308 (-532) million, profit before tax was NOK -763 (48) million

The Group's rental income in Q3 amounted to NOK 922 (787) million

The Group's financial position is solid, and the Group's equity ratio at the end
of Q3 was 51% (52%), while its liquidity reserves were NOK 5,232 (5,438) million

Retail sales in the shopping centre portfolio in Q3 were NOK 14,872 million, up
7.2% on Q3 2022

For Olav Thon Eiendomsselskap ASA
Arne B. Sperre
EVP Finance and CFO
Tel: +47 926 97 622
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