KMC Properties ASA – Mandatory notification of trade and disclosure of large shareholding

Oslo, 21 April 2026: Reference is made to the stock exchange announcement published by KMC Properties ASA (the "Company") on 9 February 2026 regarding the resolution by the extraordinary general meeting of the Company to approve the statutory all-share merger pursuant to Chapter 13 of the Norwegian Public Limited Liability Companies Act, with the Company as the surviving legal entity (the "Merger"), and subsequent announcements regarding the retail offering in the Company (the "Offering"). Reference is further made to the stock exchange announcement published by the Company earlier today, on 21 April 2026, regarding the final results of the Offering whereby a total of 273,820 shares were allocated.

All conditions for completion of the Merger which are outside of the merging companies' control are now completed. Registration of the Merger, including the issue of the consideration shares in the Merger, and the share capital increase pertaining to the Offering with the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret) is expected on or about 24 April 2026. Delivery of the 101,996,569 new shares issued as consideration in the Merger (the "Merger Shares") and the 273,820 issued as part of the Offering (the "Offer Shares") are expected on or about 27 April 2026 through the facilities of the VPS, in the case of the Offer Shares, upon payment by the investors.

Following the issuance and delivery of the Merger Shares and the Offer Shares, the new share capital of the combined company will be NOK 1,238,520,636, divided into 103,210,053 shares, each with a nominal value of NOK 12, of which Bekken Invest will hold in total 54,345,355 shares in the combined company, representing approximately 52.66% of the total number of outstanding shares and votes and Kastor Invest Holding AS will hold 11,121,656 shares in the combined company, representing approximately 10.78% of the total number of outstanding shares and votes. The attached forms set out details for the receipt of Merger Shares by persons who will be primary insiders in the combined company upon the implementation of the Merger on or about 24 April 2026, and their close associates.

For further information, please contact: Christian Linge, CEO Tel. +47 466 37 846 Email: christian.linge@kmcp.no

This information is subject to the disclosure requirements in Article 19 of Regulation EU 596/2014 (the EU Market Abuse Regulation) and Section 4-2 and 5-12 of the Norwegian Securities Trading Act.