Public Property Invest ASA: Key information relating to subsequent offering

Reference is made to the stock exchange announcement made by Public Property Invest ASA ("PPI" or the "Company") on 11 November 2025, where the Company announced the allocation of 153,646,693 new ordinary (class A) shares in the Company (the "Offer Shares") raising gross proceeds of NOK 3,534 million (the "Private Placement"), and a potential subsequent repair offering of up to 15,217,391 new shares raising gross proceeds of up to NOK 350 million at the same subscription price as in the Private Placement (the "Subsequent Offering").

The Subsequent Offering will, subject to applicable securities law, be directed towards existing shareholders in the Company as of 11 November 2025, as registered in the Company's register of shareholders with Euronext Securities Oslo on 13 November 2025, who (i) were not included in the pre-sounding phase of the Private Placement, (ii) were not allocated Offer Shares in the Private Placement, and (iii) are not resident in a jurisdiction where such offering would be unlawful or, would (in jurisdictions other than Norway) require any prospectus, filing, registration or similar action.

The following key information is provided with respect to the Subsequent Offering: Date on which the terms and conditions of the Subsequent Offering were announced: 11 November 2025 Last day including right: 11 November 2025 Ex-date: 12 November 2025 Record date: 13 November 2025 Date of approval: Expected in December 2025 (date of extraordinary general meeting) Maximum number of new shares: 15,217,391 Subscription price: NOK 23.00 per share Shall the rights be listed: No

Other information: The Subsequent Offering is subject to, inter alia, completion of the Private Placement, the completion of the Company's acquisition of the portfolio of social infrastructure properties from SBB (the transaction is further described in the above mentioned announcement), approvals by the board of directors and an extraordinary general meeting of the Company, and the publication of a prospectus to be approved by the Financial Supervisory Authority of Norway. The Company reserves the right in its sole discretion to not conduct or to cancel the Subsequent Offering.

This information is published in accordance with the requirements of the Continuing Obligations for Euronext Oslo Børs.