Notification: Revised TRS agreement
CEK AS and Carucel Holding AS, companies controlled by Carl Erik Krefting who is a board member of Norwegian Property ASA ("NPRO"), has on the 8th of September 2020 sold 762 801 shares in NPRO at a price equal to NOK 11.30 per share. Carucel Holding AS has on the same date agreed a revised TRS agreement with Danske Bank which includes 762,801 shares in NPRO in addition to the 3,500,000 shares already comprised by a TRS arrangement, in total 4,262,801 shares (the "TRS Agreement"). Pursuant to the TRS Agreement the exercise price is NOK 11,30 per share and the termination date is 22.01.