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Mandatory notification of trade primary insiders

Jul 12 2024

Oslo, 12th July 2024.

UAB Baltic Equity (Buyer) – a company controlled by James Andrew Clarke,
Chairman and primary insider in Baltic Sea Properties AS (BALT) – has acquired
30,000 shares in Baltic Sea Properties AS (BALT) at a price per share of NOK
50.00 from Carpe Diem Afseth AS, a company controlled by John Afseth, board
member and primary insider in Baltic Sea Properties AS.

UAB Baltic Equity owns upon completion of the transaction, 3 316 700 shares,
equal to 38.14 %, in Baltic Sea Properties AS.

Carpe Diem Afseth AS, owns upon completion of the transaction, 400,000 shares,
equal to 4.60%, in Baltic Sea Properties AS.

For more information, please contact:
Lars Christian Berger
CEO
Phone: +47 930 94 319
Lcb@balticsea.no

The information in this announcement is subject to disclosure requirements under
the EU Market Abuse Regulation and Euronext Growth listing rules.

Baltic Sea Properties is an open-ended and fully integrated real estate
investment company. The company is among the Baltics’ leading real estate
investors and developers – owning a diversified cash flow generating portfolio
of modern real estate in the logistics, industrial and commercial segments.