NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL

15 September 2022

With reference to the previous announcement dated 13 September 2022, Olav Thon
Eiendomsselskap ASA has decided to offer NOK 185 per share in the announced
share buyback program of up to 3,000,000 shares. 
 
The share buyback ends today, Thursday 15 September 2022, at 16:30 CEST. 
 
The trade date of the share buyback will be 16 September 2022 and the settlement
date will be 20 September 2022.

For more information or to submit sale offers, please contact ABG Sundal Collier
ASA at phone: +47 22 01 60 11.

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For Olav Thon Eiendomsselskap ASA
Arne B. Sperre
E.V.P. Finance
Tel: + 47 926 97 622

***

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

***
The buyback and the distribution of this announcement and other information in
connection therewith may be restricted by law in certain jurisdictions.
The Company and the Manager do not assume any responsibility in the event there
is a violation by any person of such restrictions. Persons into whose possession
this announcement or such other information should come are required to inform
themselves about and to observe any such restrictions.
The buyback is not being made directly or indirectly in, or by use of the mails
of, or by any means or instrumentality of interstate or foreign commerce of, or
any facilities of a national securities exchange of, the United States of
America, its territories and possessions, any State of the United States and the
District of Columbia (the "United States") or any other jurisdiction in which
this would be unlawful. This includes, but is not limited to, facsimile
transmission, internet delivery, e-mail, telex and telephones. Accordingly,
copies of this release and any related documents are not being, and must not be,
mailed, e-mailed or otherwise distributed or sent in or into the United States
and so doing may invalidate any purported sales offer.

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