This press release may not be made public, published or distributed, directly or indirectly, within or to the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, the United Kingdom, South Africa or any other jurisdiction where such action would be unlawful or subject to legal restrictions.

The Board of Directors of NP3 Fastigheter AB (publ) (”NP3” or the ”Company”) has, based on the authorisation granted by the Annual General Meeting on 4 May 2022, resolved on a directed issue of 2,750,000 ordinary shares at a price of SEK 230 per share (the ”Share Issue”). The Company will thereby receive proceeds of SEK 632,500,000 before transaction costs. The price in the Share Issue has been determined through a so-called accelerated book building procedure led by ABG Sundal Collier AB (”ABG Sundal Collier”), Nordea Bank Abp, filial i Sverige (”Nordea”) and Swedbank AB (publ) (”Swedbank”) and corresponds to a discount of 5.7 percent in relation to the closing share price on 14 February 2023. In relation to the volume-weighted average share price the last ten trading days up until 14 February 2023, the price in the Share Issue corresponds to a discount of 2.4 percent.

The shares in the Share Issue were offered and allotted to Swedish and international professional and institutional investors. The Share Issue was heavily oversubscribed. The Company’s second largest shareholder, AB Sagax, participated in the Share Issue. In connection with the Share Issue, the Company has undertaken towards ABG Sundal Collier, Nordea and Swedbank, with customary exceptions including e.g. exceptions for share issues of consideration shares in connection with acquisitions, not to issue additional ordinary shares for a period of 180 calendar days after the settlement date of the Share Issue on or around 17 February 2023. Furthermore, the Company’s Board of Directors and management team have undertaken towards ABG Sundal Collier, Nordea and Swedbank, with customary exceptions, not to sell or transfer their ordinary shares in the Company for a period of 90 calendar days after the settlement date of the Share Issue.

The net proceeds from the Share Issue enables the Company to strengthen the balance sheet which will increase flexibility ahead of upcoming loan maturities in the capital markets, and to provide possibilities to carry out accretive investments in existing properties and new construction projects and to capitalise on potential acquisition opportunities.

The Board of Directors has carefully considered the possibility to raise capital through a rights issue and has made the assessment that it currently, for several reasons, is more advantageous for the Company and the shareholders to raise capital through a directed share issue. A rights issue would take significantly longer time to execute, which could reduce the Company’s financial flexibility and prevent the Company from seizing potential business opportunities, especially in the current volatile market environment. Furthermore, the Company wishes to expand and strengthen its base of institutional and professional shareholders, with the aim of further strengthening the liquidity of the Company’s share and broadening the base of financially strong shareholders further. In the current volatile market environment – which may entail that the prerequisites for capital raises can change rapidly – the Company wishes to ensure a strong balance sheet and seize the opportunity of a capital raise from institutional and professional investors that is favourable to the Company and its shareholders, which the Board of Directors and the Company’s advisors now assess to exist. In view of this, it is the overall assessment of the Board of Directors that it is in the Company’s and its shareholders’ interests to carry out the Share Issue with deviation from the main rule of shareholders’ pre-emptive rights.

The Board of Directors’ assessment is that the issue price in the Share Issue is on market terms since, inter alia, it was determined through an accelerated book building procedure and thus reflects prevailing market conditions and investor demand.

As a result of the Share Issue, the total number of shares in the Company will increase from 92,607,856 shares to 95,357,856 shares divided on 57,357,856 ordinary shares and 38,000,000 preference shares and the Company’s share capital increases from SEK 324,127,496 to SEK 333,752,496. The Share Issue entails a dilution of 2.9 percent of the shares and 4.5 percent of the votes in relation to the total number of shares and votes in the Company, respectively, after the Share Issue. For administrative reasons the Share Issue will be subscribed for by Swedbank at the quota value to arrange and advance the delivery of ordinary shares to the investors in the Share Issue.

Advisors

ABG Sundal Collier, Nordea and Swedbank are Joint Global Coordinators and Joint Bookrunners in connection with the Share Issue. Hannes Snellman is legal advisor to NP3 and Baker McKenzie is legal advisor to the Joint Global Coordinators and Joint Bookrunners in connection with the Share Issue.

For further information, please contact:

Andreas Wahlén, CEO

email: andreas@np3fastigheter.se

Telephone: +46 70 31 31 798

This information is information that NP3 Fastigheter AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 14 February 2023 at 22.40 CET.

Important information

This press release does not constitute an offer to, or an invitation to, acquire or subscribe for any securities in NP3 in any jurisdiction, neither from NP3, ABG Sundal Collier, Nordea, Swedbank or anyone else. Copies of this press release will not be produced and may not be distributed or sent to the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, the United Kingdom, South Africa or any other jurisdiction where such distribution would be illegal or require registration or other action. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction.

This press release does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in NP3’s shares. Any investment decision in connection with the Share Issue must be made on the basis of all publicly available information relating to the Company and the Company’s shares. Such information has not been independently verified by ABG Sundal Collier, Nordea or Swedbank. The information contained in this press release is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this press release or its accuracy or completeness. ABG Sundal Collier, Nordea and Swedbank are acting for the Company in connection with the Share Issue and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for giving advice in relation to the Share Issue or any other matter referred to herein.

This press release does not constitute a recommendation concerning any investor’s decision with respect to the Share Issue. Each investor or prospective investor should conduct his, her or its own investigation, analysis and evaluation of the business and information described in this press release and all publicly available information. The price and value of securities can go down as well as up. Past performance is not a guide to future performance.

This press release is not a prospectus for the purposes of Regulation (EU) 2017/1129 (the ”Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. NP3 has not authorized any offer to the public of shares or other securities in any member state of the EEA and no prospectus has been or will be prepared in connection with the Share Issue. In any EEA Member State, this communication is only addressed to and is directed at qualified investors and corresponding investors in that Member State within the meaning of the Prospectus Regulation.

This press release and the information contained in the press release may not be distributed in or to the United States. This press release does not constitute an offer to acquire securities in the United States. Securities referred to herein have not been registered and will not be registered in accordance with the US Securities Act of 1933, as amended, (the ”Securities Act”), or any U.S. state securities law and may not be offered or sold in the United States, without being registered, subject to an exemption from, or concerns a transaction not being subjuct to registration pursuant to the Securities Act. No offer will be made in the United States to acquire the securities mentioned here.

In the United Kingdom, this press release and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this press release relates is available only to, and will be engaged in only with, ”qualified investors” (within the meaning of the United Kingdom version of Regulation (EU) 2017/1129 which is part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018) who are (i) persons having professional experience in matters relating to investments who fall within the definition of ”investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the ”Order”); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as ”relevant persons”). In the United Kingdom, any investment or investment activity to which this press release relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it.

NP3 is a cash flow oriented real estate company focusing on commercial and high yielding investment properties, mainly in northern Sweden. As of 31 December 2022 the property portfolio comprised 1,950,000 square metres lettable area distributed over 488 real estate properties within the segments retail, industrial, logistics, offices and others. The property portfolio is divided into eight business areas: Sundsvall, Gävle, Dalarna, Östersund, Umeå, Skellefteå, Luleå and mid-Sweden. The property value as of 31 December 2022 amounted to SEK 19,805m. The NP3 share is listed on Nasdaq Stockholm, Large Cap. NP3 was founded in 2010 and is based in Sundsvall. Read more on www.np3fastigheter.se.