NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA, JAPAN,
HONG KONG, SOUTH KOREA, OR ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL.
Oslo, 18. December 2025
Reference is made to the stock exchange announcement published on 4 December
2025, regarding the offer document dated 3 December 2025 (the "Offer Document")
for the voluntary cash tender offer (the "Offer") by Thon Gruppen AS (the
"Offeror") for all issued and outstanding shares (the "Shares") in Olav Thon
Eiendomsselskap ASA (the "Company"