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Regulatory press release

OLT: Tap issue of senior unsecured bond in NOK

Olav Thon Eiendomsselskap
Olav Thon Eiendomsselskap ASA, rated Baa2 (positive) by Moody's, has issued NOK
400 million in the senior unsecured bond with ISIN NO0012495342 (OLT147) with
maturity 12 April 2032.

The issue was placed at a price swapped to an interest rate of 3 months NIBOR +
1.20 % p.a. The outstanding volume after the transaction is NOK 900 million and
the settlement date will be 20 May 2025.

DNB Carnegie acted as Manager for the issuance.

For further information, please contact:
Olav Thon Eiendomsselskap ASA
Arne B. Sperre
E.V.P. Finance and CFO
Tel: +47 926 97 622
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