Reference is made to the stock exchange announcement sent 20 June 2022 regarding
the received offer for two of Byggma ASA's properties. The properties received
an offer for is Birkeland Eiendom AS and Masonite Fastighet AB.

Birkeland Eiendom AS owns an industrial property in Birkeland in Birkenes
municipality in Norway where Byggma's subsidiary Ulldal AS manufactures windows
and sliding doors. A long-term rental agreement of 20 years between the lessor
Birkeland Eiendom AS and the lessee Uldal AS. After 20 years the lessee has an
option to prolong the rental agreement. Additionally, after 20 years Byggma has
an option to purchase the property and the buyer has an option to sell the
property to Byggma.

Masonite Fastighet AB owns an industrial property in Nordmaling municipality in
Sweden where Byggma's subsidiary Masonite Beams AB manufactures I-Joists. A
long-term rental agreement of 20 years between the lessor Masonite Fastighet AB
and the lessee Masonite Beams AB. After 20 years the lessee has an option to
prolong the rental agreement. Additionally, after 20 years Byggma has an option
to purchase the property and the buyer has an option to sell the property to
Byggma.

The parties has today 30. September 2022 signed the agreements and agreed gross
property value is in total approximately NOK 234 million with today's SEK/NOK
exchange rate value. The buyer is er Vika Oppstart 100 AS, a newly established
company managed by Vika Project Finance AS.

Handover and settlement are set to 11. October 2022.

Vennesla, 30 September 2022

For more information, please contact CEO Geir Drangsland on phone +47 928 85 862

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange