Reference is made to the stock exchange announcements made on 23 October 2024, 6 November 2024, 7 November 2024 and 12 November 2024, whereby KMC Properties ASA ("KMC Properties" or the "Company") announced information relating to dividend payments. On 12 November 2024, the extraordinary general meeting of the Company resolved that the Company shall distribute assets for NOK 1,354,009,465.93 to Eligible Shareholders (as defined below) in the form of A-shares and B-shares in Logistea AB (publ) ("Logistea") and that if the total value of the Company shares in Logistea at the time of the distribution equals a lower amount than NOK 1,354,009,465.93, then A-shares and B-shares in Logistea for the lower amount shall be distributed. The Company's 5,271,803 A-shares and 69,536,077 B-shares in Logistea have a total value of NOK 1,101,677,119.72 based on the closing price of Logistea A-shares and B-shares on 21 November 2024 and the NOK/SEK exchange rate quotes by Norges Bank on 21 November 2024, which means that all such shares may be distributed. As fractional shares cannot be distributed, the Company has as previously communicated rounded down to the nearest whole number the number of shares in each class to be distributed to each Eligible Shareholder. As a consequence, a total of 5,271,011 A-shares and 69,535,273 B-shares in Logistea (the "Second Distribution Shares") will be distributed. The Second Distribution Shares will be distributed to the Company's shareholders as of 12 November 2024 (as registered in Euronext Securities Oslo (VPS) on 14 November 2024) (the "Eligible Shareholders"). Of the Second Distribution Shares, a total of 4,970,219 A-shares and 65,560,985 B-shares in Logistea will be distributed as dividend in kind on or about 22 November 2024 to Eligible Shareholders on Swedish deposit accounts, while the remaining Second Distribution Shares, amounting to 300,792 A-shares and 3,974,288 B-shares, will be distributed as Norwegian Depository Receipts ("NDRs"). Eligible Shareholders receiving NDRs representing their Second Distribution Shares are expected to receive their NDRs on or about 22 November 2024. As a result of the first distribution of consideration shares made in July 2024 and the distribution of the Second Distribution Shares, all the shares in Logistea received by KMC Properties as consideration for the shares in KMC Properties HoldCo AS will have been distributed to the Company's shareholders, with the exception of 792 A-shares and 804 B-shares that remain in the Company's ownership due to the rounding down of fractions referred to above. For additional information, please contact: Christian Linge, christian.Linge@kmcp.no. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.