BEWI Invest AS, a shareholder owning 116,466,891 shares (40.92 per cent) in KMC Properties ASA, has on 1 April 2022 entered into an agreement for the purchase of 82,716,209 shares in KMC Properties ASA from Kverva Industrier AS. The purchase will take place in two tranches whereby delivery of the first 14,093,577 shares will take place on 1 April 2022 at a price of NOK 9.38 per share, and the remaining 68,622,632 shares will be delivered on 1 October 2022 pursuant to a forward contract at a price of NOK 9.38 per share. BEWI Invest AS has also entered into a conditional share sale agreement with HAAS AS under which HAAS AS will purchase 67,250,000 shares in KMC Properties ASA from BEWI Invest AS at a price of NOK 9.25 per share. It is expected that the sale of shares to HAAS AS will be completed in connection with delivery under the forward contract with Kverva Industrier AS. Following completion of the share purchases from Kverva Industrier AS, BEWI Invest AS will own 199,183,100 shares and votes in KMC Properties ASA, equal to 69.98 per cent of the shares and votes in KMC Properties ASA. This shareholding will be reduced to 131,933,100 shares (46.35 per cent) by the sale to HAAS AS. In addition, BEWI ASA, a company owned 62.35 per cent by BEWI Invest AS, owns 3.01 per cent of the shares in KMC Properties ASA. As a result, BEWI Invest AS will directly and indirectly control 207,754,528 shares and votes in KMC Properties ASA, equal to 72.99 per cent (which will be reduced to 49.36 per cent by the sale to HAAS AS). HAAS AS will by acquiring 67,250,000 shares in KMC Properties ASA become a holder of 67,250,000 shares (23.63 per cent). Kverva Industrier AS will reduce its shareholding in KMC Properties ASA from 82,716,209 shares (29.06 per cent) to zero by the agreement between BEWI Invest AS and Kverva Industrier AS. Stig Wærnes is a board member of both KMC Properties ASA and BEWI Invest AS. Please see the attached notification in accordance with MAR article 19. For further information, please contact: Charlotte Knudsen, IR and Communications KMC Properties ASA, tel. +47 97561959 About KMC Properties ASA KMC Properties is an Oslo Børs-listed real estate company focusing on industrial- and logistic properties. The company has a diversified portfolio of properties, strategically located and with long lease agreements with solid tenants. KMC Properties has an ambitious strategy to grow the portfolio through further development of existing properties, as well as M&A initiatives. The information is such that KMC Properties ASA is required to disclose in accordance with the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 19:00 CET on 1 April 2021.