Public Property Invest ASA - Mandatory notification of trade

11 November 2025: Reference is made to the stock exchange notices by Public Property Invest ASA (the "Company") on 11 November 2025 where the Company announced the acquisition of a social infrastructure portfolio (the "SocialCo Transaction") from Sämhallbyggnadsbolaget i Norden AB (publ) ("SBB"), to be settled by the Company partly in cash and partly by issue of ordinary (class A) and non-voting (class B) shares to SBB (the "Consideration Shares"). Reference is further made to the private placement of new ordinary class A-shares announced by the Company in connection with the SocialCo Transaction (the "Private Placement").

As part of the SocialCo Transaction, APG Invest AS ("APG Invest"), a wholly owned subsidiary of Aker ASA and a legal person closely associated with board member of the Company, Jens-Fredrik Jalland, has agreed to subscribe and been allocated 56,818,629 ordinary class A-shares in the Private Placement at a subscription price of NOK 23 per share (the "Subscription Price").

APG Invest has also agreed to acquire 182,353,200 million of the non-voting class B Consideration Shares from SBB at the Subscription Price for a consideration of NOK 4,103,955,941 in cash, and by exchange of 3,920,333 ordinary class A-shares in the Company for an equal number of non-voting class B shares in the Company with SBB (the "Share Acquisition"). Closing of the Share Acquisition is conditional upon closing of the SocialCo Transaction and the Private Placement and will be completed on or about the closing of the SocialCo Transaction.

Completion of the SocialCo Transaction and Private Placement is expected in December 2025, subject to the satisfaction or waiver of certain closing conditions as announced by the Company.

After completion of the abovementioned transactions, APG Invest will hold 137,487,381 ordinary class A-shares and 182,353,200 non-voting class B shares in the Company, corresponding to an economic interest of approximately 33.32% and voting rights of approximately 23.28% in the Company.*

Please see attachment for more information regarding the transactions in accordance with Regulation EU 596/2014 (MAR) article 19.

This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

* Following completion of the SocialCo Transaction, the Company intends, subject to certain conditions, to carry out a subsequent offering of ordinary class A-shares directed towards shareholders in the Company who were not allocated shares in the Private Placement (the "Subsequent Offering"). The stated percentage of the equity and voting rights in the Company assumes that the Subsequent Offering is fully subscribed.