Public Property Invest ASA: Private Placement in connection with acquisition of social infrastructure portfolio from SBB successfully placed

About this update from Samhallsbyggnadsbolaget I Norden Ab Class B

NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Reference is made to the stock exchange announcement made by Public Property Invest ASA ("PPI" or the "Company") on 11 November 2025 regarding the launch of a private placement to raise gross proceeds of up to approximately NOK 3,534 million (the "Private Placement"), in connection with the acquisition of a social infrastructure portfolio from Samhällsbyggnadsbolaget i Norden AB ("SBB"), (the "SocialCo Transaction").The Company is pleased to announce that the Private Placement has been successfully placed, raising gross proceeds of approximately NOK 3,534 million through the allocation of 153,646,693 new ordinary shares in the Company (the "Offer Shares") at a subscription price of NOK 23 per share (the "Subscription Price").The following primary insiders and senior employees were conditionally allocated Offer Shares in the Private Placement:Sven-Olof Johansson, board member, has been allocated 1,000,000 Offer Shares for a subscription amount of NOK 23 million through Compactor Fastigheter AB. André Gaden, CEO, has been allocated 8,695 Offer Shares for at total subscription amount of approximately NOK 200,000.Ylva Görranson, CFO, has been allocated 43,478 Offer Shares for a total subscription amount of approximately NOK 1 million.Tone Omsted, EVP IR and Corporate Finance, has been allocated 43,478 Offer Shares for a total subscription amount of approximately NOK 1 million through Vilhen AS.Cathrine Nordal Hansli, Head of Transactions, has been allocated 43,478 Offer Shares for a total subscription amount of approximately NOK 1 million.APG Invest AS, a wholly owned subsidiary of Aker ASA and a legal person closely associated with board member of the Company, Jens-Fredrik Jalland, has been allocated 56,818,629 Offer Shares in the Private Placement for at total subscription amount of NOK 1,306,828,467.Please see the attached form of notification and public disclosure for further information.The net proceeds from the Private Placement will be used for part financing of the SocialCo Transaction and for general corporate purposes.Notification of conditional allocation in the Private Placement is expected to be distributed by t...

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