Reference is made to the stock exchange announcement published by KMC Properties ASA (the "Company") on 29 September 2023, where the Company inter alia announced that Nordika Blue AB ("Nordika"), through its wholly-owned subsidiary Flugfiskaren AB ("Flugfiskaren"), was granted a call option to subscribe for and be allotted additional new shares in the Company for a total amount of NOK 130 million at a subscription price of NOK 5.75 per share. Nordika has today notified the Company of the exercise of its call option for the total amount of NOK 130,000,002. Pursuant to the call option, a total of 22,608,696 new shares will be issued to Flugfiskaren, at a subscription price of NOK 5.75 per share. Flugfiskaren is a close associate to primary insider and member of the board of directors, Jonas Grandér. See the attached form for further details about the transaction. For further information, please contact: Kristoffer Holmen, CFO tel. +47 92 81 48 62 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, Belgium, Germany 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 under the Norwegian Securities Act section 5-12 and the requirements of Oslo Børs' Continuing Obligations.