Reference is made to the stock exchange announcement made by KMC Properties ASA (the "Company" or "KMC Properties") on 14 June 2024 regarding the proposed combination of the Company and Logistea AB (publ.) ("Logistea") and the stock exchange announcement made on 22 October 2024 whereby the board of directors called for an extraordinary general meeting of the Company to, inter alia, resolve on the second distribution of consideration shares in Logistea as dividend in kind to the shareholders of the Company. Furthermore, reference is made to the stock exchange announcement made on 23 October 2024 regarding key information relating to the dividend in kind. Updated key information related to the dividend in kind is set out below. Dividend amount: A-shares and B-shares in Logistea for a total amount of maximum NOK 1,354,009,465.93. If the total value of the Company's A-shares and B-shares in Logistea at the payment date equals a lower amount than NOK 1,354,009,465.93, assets for the lower amount shall be distributed. If the distribution had been made today, the value of the distributed assets would have been NOK 1,190,879,105.03 (i.e. NOK 2.86 per share in the Company). It should be noted that the value of the assets to be distributed will fluctuate with the share price for the Logistea A-shares and B-shares at Nasdaq Stockholm and the SEK/NOK exchange rate, and the value of the distribution may accordingly be higher or lower than today's amount. Announced currency: NOK Last day including right: 12 November 2024 Ex-date: 13 November 2024 Record date: 14 November 2024 Payment date: On or about 22 November 2024 for the second distribution shares and on or about 22 November 2024 for the Norwegian Depository Receipts Date of approval: 12 November 2024 Other information: Following the extraordinary general meeting on 12 November 2024 the Company will publish an updated key information announcement relating to the dividend in kind, including an estimate of the dividend amount per share For more information, please contact: Christian Linge, former CFO of the Company, tel. +47 466 37 846, email: christian.linge@kmcp.no. This announcement is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.