Reference is made to the announcement by KMC Properties ASA (the "Company") on 29 September 2023 regarding the acquisition of seven properties from BEWI ASA. As further described in the announcement the acquisitions are to be partly settled with new equity from Nordika. In connection with the acquisition, the Company's board of directors resolved to increase the Company's share capital by NOK 10,000,000 by issuance of 50,000,000 new shares. The share capital increase was resolved pursuant to an authorization granted by the Company's general meeting on 11 May 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 78,825,916.00, divided on 394,129,580 shares, each with a par value of NOK 0.2. Of the new shares, 40,660,015 will be issued on a temporary ISIN blocked from trade on the Oslo Stock Exchange pending publication of a listing prospectus. For further information, please contact: Christian Linge, Investment Manager, tel. +47 46637846 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.