Baltic Sea Properties AS – Initiation of Share Buyback Programme

Oslo, 10 September 2026, 08:00 CEST

Reference is made to the Annual General Meeting of Baltic Sea Properties AS (the “Company”) held on 12 May 2026, where the Board of Directors was authorised to acquire the Company’s own shares pursuant to item 10 of the resolutions adopted by the General Meeting.

On this basis, the Board of Directors has resolved to initiate a share buyback programme for the repurchase of the Company’s own shares (the “Programme”).

Key terms of the Programme: - Maximum aggregate consideration: Up to NOK 2,500,000 - Price range: Between NOK 45 and NOK 75 per share - Maximum number of shares: Up to the number of shares that may be acquired within the authorised limit granted by the AGM (869,608 shares) and within the maximum aggregate consideration, depending on the purchase price. Given the maximum aggregate consideration of NOK 2,500,000 and the lower end of the price range of NOK 45 per share, the maximum number of shares that may be acquired under the Programme is 55,555. - The Company may not, on any single trading day, buy back more than 25% of the average daily volume over the 20 trading days preceding the date of purchase. - Programme period: From 10th of September 2026 until 31st of December 2026. - Trading venue: Euronext Growth Oslo - Execution: The Programme will be executed by Norne Securities AS, acting as an independent manager. Norne Securities AS will make its trading decisions independently of, and without influence from, the Company.

The purpose of the Programme is to optimise the Company’s capital structure by reducing the number of outstanding shares and increasing net asset value per share.

The share buy-back programme succeeds the previous one, whereby the company acquired 54,784 shares at an average 47.46 NOK per share during the period from February to May this year.

The Programme will be carried out in accordance with Article 5 of Regulation (EU) No 596/2014 on market abuse (“MAR”) and Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”).

Shares acquired under the Programme may be cancelled through a reduction of the Company's share capital or used in connection with employee incentive programmes, in each case in accordance with the authorisation granted by the Annual General Meeting.

The Company will publish information regarding transactions carried out under the Programme in accordance with applicable regulatory requirements.

For further information, please contact: Lars Christian Berger CEO Phone: +47 930 94 319 Email: Lcb@balticsea.no

This information is subject to the disclosure requirements pursuant to the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act and the continuing obligations of companies admitted to trading on Euronext Growth Oslo.

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