Reference is made to the stock exchange announcement made by KMC Properties ASA ("KMCP" or the "Company") on 17 July 2024 regarding the intended purchase offer by KMCP for shares in Logistea AB (publ.) ("Logistea") received by the Company as consideration (the "Consideration Shares") for all shares in the Company's subsidiary KMC Properties HoldCo AS. On 5 July 2024, the extraordinary general meeting of the Company resolved to distribute Consideration Shares worth NOK 2,665,000,000 (the "First Distribution Shares") as dividend in kind to the shareholders of the Company as of 5 July 2024 (as registered in Euronext Securities Oslo ("VPS") on 9 July 2024 (the "Record Date")) (the "Eligible Shareholders"). The First Distribution Shares, consisting of 10,991,854 A-shares and 145,015,714 B-shares in Logistea, were distributed to the Eligible Shareholders in the second half of July 2024. The Company today makes a limited purchase offer for First Distribution Shares to Eligible Shareholders who still hold the First Distribution Shares (the "Purchase Offer"). Furthermore, Eligible Shareholders holding First Distribution Shares in the form of Norwegian Depository Receipts are offered to have their Norwegian Depository Receipts exchanged to the underlying number of Logistea shares (the "Exchange Offer"). Attached to this stock exchange announcement is the Company's offer letter to its Eligible Shareholders (the "Offer Letter") setting out the terms and conditions of the Purchase Offer and the Exchange Offer. The acceptance period for the Purchase Offer is from 21 August 2024 to 23:59 CEST on 30 August 2024. Acceptance of the Purchase Offer must be made by completing, signing and submitting the acceptance form included as Appendix 1 to the Offer Letter in time for the acceptance form to be received by DNB Bank ASA by 23:59 CEST on 30 August 2024 at the latest. For additional information, please contact: Christian Linge, tel: +47 466 37 846, email: christian.linge@kmcp.no Important information The release, publication or distribution of this press release may, in certain jurisdictions, be restricted by law and persons into whose possession this press release or any information referred to herein comes should inform themselves about and observe any such restrictions. This press release is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia, the "United States"), Australia, Canada, Hong Kong, Japan, South Africa or any other jurisdiction where such release, publication or distribution would constitute a violation of the relevant laws or regulations of such jurisdiction. This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada, Hong Kong, South Africa or any other jurisdiction in which such offers or sales are unlawful (the "Excluded Territories"). The securities referred to in this press release have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or under the securities laws of any state of the United States, and may not be offered, sold, resold or delivered, directly or indirectly, in or into the United States absent registration except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. Accordingly, such securities may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, in or into the Excluded Territories or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration of such securities in, the relevant jurisdiction. In the United Kingdom, this press release and any other materials in relation to the securities described herein is being distributed only to, and is directed only at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, "qualified investors" (within the meaning of the United Kingdom version of the Prospectus Regulation which is part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018) and who are (i) persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") ; or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it. The advisors to KMCP is acting for KMCP in connection with the Purchase Offer and no one else and will not be responsible to anyone other than KMCP for providing the protections afforded to its clients nor for giving advice in relation to the Purchase Offer or any other matter referred to herein. This press release does not constitute an invitation to warrant, subscribe, or otherwise acquire or transfer any securities in any jurisdiction. This press release does not constitute a recommendation for any investors' decisions regarding the Purchase Offer, Logistea or KMCP. Each investor or potential investor should conduct a self-examination, analysis and evaluation of the business and information described in this press release and any publicly available information.