Oslo, 3 June 2025: Based on the authorisation granted to the board of directors by the annual general meeting of Public Property Invest ASA (the "Company") on 16 May 2025, the Company hereby launches a buy back program for up to 2,900,000 existing shares in the Company for an amount of up to NOK 70 million (the "Offer") to and including 30 September 2025. The purpose of the Offer is to partly or wholly fulfil the Company's obligation to partly settle the transaction announced by the Company on 2 June 2025 in shares.

The Company has recently issued a large number of shares and currently has no open mandate to issue new shares. This is why the Company considers a buy-back program as the most efficient way to support value creation for both shareholders and other stakeholders.

The Company has put in place a non-discretionary agreement with Arctic Securities AS and DNB Carnegie Markets, a part of DNB Bank ASA, (the "Managers") for the repurchase of the Company's shares in the open market. Under this agreement, the Managers will manage the program and make its own trading decisions independently of, and uninfluenced by, the Company.

The Company will publicly announce information about the transactions relating to the buy-back programme, in a detailed form and in an aggregate form, no later than by the end of the seventh trading day following the execution of such transactions.

The buy-back programme will be completed in accordance with Regulation (EU) 596/2014 and Regulation (EU) 2016/1052.

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