Aurora Eiendom AS - Clarifications related to proposed delisting

Aurora Eiendom AS (AURA) refers to stock exchange announcements of April 30andthe proposal for voluntary delisting, i.e., the delisting of shares fromtradingon Euronext Growth Oslo.

The company reiterates that it considers delisting to be in the best interestsof shareholders, as the company experiences limited benefits and severaldisadvantages from being listed. By not being listed, the company gainsincreased flexibility and growth opportunities. Further, the company expectstoreduce costs and time associated with listing, which can be reallocated tovalue-creating operations.

The company's aim is to maintain both the frequency and quality of reportingasa non-listed company. This includes obtaining valuations of the wholly ownedproperty portfolio at least every six months. The company is also exploringoptions to introduce an organized framework for buying and selling shares whenno longer listed.

17 shareholders, owning a total of 88.4% of the company's shares, haveconsentedto the delisting, indicating broad support among shareholders. The delistingwill be considered at the company's general meeting on 15 May 2025.

The company aims for as many shareholders as possible to continue in a privatestructure.

In connection with the delisting, certain shareholders, controlling a total of84.86% of the company's shares, have made a conditional offer to purchasesharesin the company. This is to provide shareholders with an exit option inconnection with delisting. The shareholders have a conditional right, but noobligation, to sell their shares in connection with the offer.

Shareholders, who do not wish to continue their ownership in a privatestructure, have thus the opportunity to sell at the volume-weighted averageprice (VWAP) for the last 30 trading days (NOK 86.83 per share). None of theofferors will gain control of the company through the offer (if completed),ensuring the company maintains a diversified ownership structure even after apotential delisting.

Please note that the offer period expires at 16:30 on 14 May 2025, and thatthecompletion of the offer is subject to (i) the company's annual general meetingresolving to apply for the delisting, (ii) the Board of the company resolvingtoapply for the delisting and to complete the offer, and (iii) the approval ofEuronext Growth Oslo of the delisting.

CEO Lars Ove Løseth: lars.ove.loeseth@alti.no, +47 928 17 859

Important notice: The offer and the distribution of this announcement and other information inconnection with the offer may be restricted by law in certain jurisdictions.Neither the company, nor the offerors, or the receiving agent, assume anyresponsibility in the event there is a violation by any person of suchrestrictions. Persons into whose possession this announcement or such otherinformation should come are required to inform themselves about and to observeany such restrictions. This announcement is not an offer document and, assuch,does not constitute an offer or the solicitation of an offer to subscribe to,acquire, or sell, shares. The offer will not be made directly or indirectly inany jurisdiction where either an offer or participation therein is prohibitedbyapplicable law or where any tender offer document or registration or otherrequirements would apply. This announcement contains certain forward-lookingstatements. All statements, other than statements of historical fact, includedherein, including without limitation, statements regarding the delisting, theoffer, the company or the offerors, are forward-looking statements thatinvolverisk and uncertainties. There can be no assurances that such statements willprove to be accurate, and actual results could differ materially from thoseanticipated in such statements.

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