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Regulatory press release

OLT: Tap issue of senior unsecured bonds in NOK

Olav Thon Eiendomsselskap
Olav Thon Eiendomsselskap ASA, rated Baa2 (positive) by Moody's, has today
issued NOK 200 million in the senior unsecured bond with ISIN NO0013735258 with
maturity 24 February 2032.

The issue was placed at a price equivalent to a spread of 0.89% above 3 months
NIBOR. The outstanding volume after the transaction is NOK 600 million and the
settlement date will be 24 February 2026.

Nordea 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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