Aurora Eiendom AS (AURA) hereby announces the following preliminary Q1 2025
highlights (comparable 2024 results in brackets): 

* Rental income in Q1 2025 was NOK 151 million (NOK 150 million), which
corresponds to a like-for like growth of 0.7%. 

* Net income from property management was NOK 123 million in the quarter (NOK
127 million). 

* Pre-tax profit, including fair value adjustments of investment properties and
interest rate derivatives, was NOK 21 million (NOK 82 million). Fair-value
adjustments on investment properties amounted to NOK -34 million and on
financial derivatives NOK -6 million.

* In Q1 2025 new leases were started on a total area of 2,228 sqm, while leases
for 1,990 sqm expired. Occupancy was 97.4%. 

* The quarterŽs gross tenant turnover in our fully owned centers was NOK 1,911
million, which is a like-for-like growth of 2% compared to Q1 2024. 

* During Q1 2025 Alti Forvaltning increased its shopping center portfolio by 6
centers, managing a total of 60 centers across Norway.

* Key figures Q1 2025 Aurora Eiendom:
   - Rental income: NOK 151 million
   - Annualised cash passing rental income: NOK 603 million
   - Value of investment properties: NOK 8,588 million
   - Loan to value: 54%
   - EPRA NRV per share: NOK 133 
   - EPRA NIY: 6.12%
   - EPRA "topped-up" NIY: 6.31%

The full Q1 2025 report will be published on 15 May 2025.