Half-Year Report (Q2) 2024 – Baltic Sea Properties (BALT)

Baltic Sea Properties AS

Oslo, 15th of August 2024, 08:00 CEST.

The Board of Directors of Baltic Sea Properties AS ("BALT" or "the Company", and
together with the Company's subsidiaries, "BSP") has approved the Company's
half-year (Q2) report for 2024.

For the first half of 2024, BSP recorded a profit of NOK 25.2 million (EUR 2.2
million), compared to NOK 13.7 million (EUR 1.2 million) for the same period
last year.

For additional details regarding financial performance and other relevant
information, please refer to the attached report.

This information is pursuant to the EU Market Abuse Regulation and subject to
the disclosure requirements pursuant to Section 5-12 the Norwegian Securities
Trading Act.

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For more information, please contact:
Lars Christian Berger
CEO
Phone: +47 930 94 319
Lcb@balticsea.no

Baltic Sea Properties is an open-ended and fully integrated real estate
investment company. The company is among the Baltics' leading real estate
investors and developers - owning a diversified cash flow generating portfolio
of modern real estate in the logistics, industrial and commercial segments.

Company website: balticsea.no

More information:
Access the news on Oslo Bors NewsWeb site

625227_Half-yearly report Q2-2024 - BSP.pdf