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New share capital registered

Jul 10 2024

Reference is made to the stock exchange announcement from Baltic Sea Properties
AS (the “Company) published on 28 June 2024, regarding the final result of the
subsequent offering in the Company, where a total of 226,450 new shares were
subscribed and allocated at a subscription price of NOK 49 per share.

The new shares are expected to be delivered to the respective subscribers’ VPS
accounts during the day, 11 July 2024.

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

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to section 5-12 the Norwegian Securities Trading Act. This stock exchange
announcement was published by Lars Christian Berger, CEO on the time and date
provided.

About:
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.