Oslo, 9 February 2026: Reference is made to the stock exchange announcement published by KMC Properties ASA (the "Company") on 8 January 2026 regarding signing of a merger plan together with the board of directors of BEWI Invest AS ("BEWI Invest") for a statutory all-share merger pursuant to Chapter 13 of the Norwegian Public Limited Liability Companies Act, with the Company as the surviving legal entity (the "Merger"). The Company has today held an extraordinary general meeting, convened to inter alia approve the merger plan for the Merger. All items on the agenda were resolved in accordance with the proposals from the board of directors, including the approval of the proposed reverse share split in the ratio 6:1, the merger plan and the related share capital increase, amendments to the articles of association in connection with the Merger, election of the new members of the board of directors and members to the nomination committee with effect from the implementation of the Merger, the share capital increase in connection with the contemplated offering in the Company, and board authorisations to issue new shares. The minutes from the extraordinary general meeting are attached hereto and will also be made available on the Company's website www.kmcp.no. An extraordinary general meeting of BEWI Invest was held following the Company's extraordinary general meeting. That extraordinary general meeting also approved the merger plan. The Merger is expected to be completed during late Q1/early Q2 2026, following expiry of the six weeks creditor notice period and subject to fulfilment of the conditions for completion of the Merger as set out in the merger plan. For further information, please contact: Christian Linge, CEO Tel. +47 466 37 846 Email: christian.linge@kmcp.no This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.