Public Property Invest ASA – Approval and publication of prospectus

Oslo, 20 October 2025: Reference is made to the stock exchange announcement made by Public Property Invest ASA ("PPI" or the "Company") on 20 May 2025 whereby PPI announced the completion of the acquisition of a portfolio of eight mission critical industrial infrastructure assets from TRG Real Estate AS in exchange for 124,398,074 new ordinary shares in PPI (the "Consideration Shares") issued in three traches.

The 43,956,920 Consideration Shares issued in the second tranche (the "Tranche 2 Shares"), and the 49,916,497 Consideration Shares issued in the third tranche (the "Tranche 3 Shares"), were issued on a separate interim and unlisted ISIN pending approval by the Norwegian Financial Supervisory Authority (the "NFSA") of a listing prospectus for the Tranche 2 Shares and the Tranche 3 Shares (the "Prospectus").

The NFSA has today, 20 October 2025, approved the Prospectus for the listing of the Tranche 2 Shares and Tranche 3 Shares on Euronext Oslo Børs. The Prospectus will be available on the Company's website, Public Property Invest | Investor relations.

It is expected that the Tranche 2 Shares and the Tranche 3 Shares will be transferred to PPI's ordinary ISIN, and be tradable on Euronext Oslo Børs, on or about 23 October 2025.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and section 4.5 of the Euronext Oslo Rule Book II.