Porsgrunn,30 November 2023 : Reference is made to the stock exchange announcements byRecreate ASA ("Recreate" or the "Company") on 14 March, 8 May and26 September 2023 , regarding the joint venture establishment with XG Eiendom AS ("Xania"). The joint venture partners have today agreed that as part of the structure, Recreate will sell 100% of the property Arkaden to Xania and, as part of the same transaction, the preferential economic right for Xania to receive an agreed interest rate in the joint venture, ceases to exist. For further information, please contact: Emil Eriksrød, CEO emil.eriksrod@recreate.no +47 415 22 463
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