Reference is made to the announcement by KMC Properties ASA (the "Company") on 31 March 2023 regarding the acquisition of four properties from BEWI ASA. As further described in the announcement the acquisitions are to be partly settled with new shares in the Company. The Company's board of directors resolved to increase the Company's share capital by NOK 4,047,186.20 by issuance of 20,235,931 new shares. The new shares were issued pursuant to an authorization granted by the Company's general meeting on 28 February 2023. The share capital increase pertaining to the settlement has today been registered with the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret), following the registration the Company's new share capital is NOK 68,825,916.00, divided on 344,129,580 shares, each with a par value of NOK 0.2. 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 in the Nordics and the Netherlands. The properties are strategically located and have 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. This information is subject to disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act.