Reference is made to the stock exchange announcement published on 23 October
2025, regarding the resolution made by the extraordinary general meeting of KMC
Properties ASA ("KMCP") to issue 689,655 new shares in KMCP (the "New Shares")
to Bekken Invest AS ("Bekken Invest") in connection with a private placement in
KMCP, raising gross proceeds of approx. NOK 4 million (the "Private Placement").

Bekken Invest has subscribed for the New Shares at a subscription price of NOK
5.80 per share in connection with the Private Placement, resulting in Bekken
Invest crossing the 50% threshold under section 4-2 of the Norwegian Securities
Trading Act.

Following the delivery of the New Shares, Bekken Invest will hold in total
2,980,810 shares in KMCP, representing approximately 52.87% of the total number
of outstanding shares and votes in KMCP (excluding any acceptances received in
the unconditional mandatory cash offer presented by Bekken Invest on 10 October
2025 (the "Mandatory Offer")). 

Bekken Invest AS has received acceptances in the Mandatory Offer for 2,404
shares in KMCP, which, following completion of the Mandatory Offer, will bring
its total shareholding in KMCP to 2,983,214 shares, representing approximately
52.91% of the total number of outstanding shares and votes in KMCP. Additional
shares may be tendered in the Mandatory Offer.

This disclosure is made pursuant to section 4-2 of the Norwegian Securities
Trading Act.