PIONEER PROPERTY GROUP ASA Please find attached the half-yearly financial report for 2023 forPioneer Property Group ASA (PPG PREF). Highlights forPioneer Property Group ASA : o Contractual rental income from continued operations for the first half of 2023 was MNOK 49.8 compared to MNOK 38.7 for the first half of 2022. o Operating profit (EBIT) for the first half of 2023 was MNOK 61.6 compared to MNOK 68.6 for the first half of 2022. o PPG added one office property (combined office and warehouse) in Mo i Rana over the period due to the acquisition of additional shares in BM3 Eiendom which is now regarded as a subsidiary. o PPG paid two quarterly dividends to the holders of preference shares in totalNOK 5.00 per preference share and a dividend to the holders of the ordinary shares in total ofNOK 3.05 per ordinary share. o An acquisition of 50% of the shares in a Joint Venture company owning three hotels with a total real estate value of MNOK 270.0 inSweden was acquired subsequent to the balance sheet date. For further information, please contact: Øystein Grini, CFO Telephone: +47 46 29 67 19 E-mail: IR@pioneerproperty.no
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