Very strong first-half performance provides solid ground for uncertain times ahead

• Rental income increased to SEK 613 million (589)
• Income from property management increased to SEK 347 million (321)
• Profit for the period increased to SEK 3,134 million (781)
• Property portfolio amounted to SEK 26,955 (26,031)
• Earnings per share totalled SEK 26.16 (6.49)
• Detailed development plan for Södra Änggården gains legal force
• Spade in the ground for Schenker Logistics at Sörred Logistikpark
• Completion of sale of part of Arendal to the Port of Gothenburg
• Net lettings remain at record level in second quarter

AFTER THE REPORTING PERIOD

• Completion of sale of residential building right in Gamlestadens Fabriker to JM
• Completion of sale of first residential building rights in Södra Änggården to
  Hökerum and Bonava.

Platzer’s CEO, P-G Persson, said:

- The operating surplus in the first two quarters increased from SEK 451 million to SEK 467 million, an increase of 3.5%. The acquisition of the properties at Medicinareberget, index-linked increases and lettings in investment properties all had a positive impact. The sales to Volvo Cars and the Port of Gothenburg, vacation of properties and accounting for Gårda Vesta as an associate had the opposite effect.

- Activity in the lettings market remained high, both in the offices sector and in industrial/logistics. The record lettings in the second quarter were primarily the result of pre-letting in Sörred Logistikpark and Merkur. In addition, we were able to include the previously conditional lease agreed with Internationella Engelska Skolan in Södra Änggården. In total, we achieved net lettings of SEK 62 million.

- Increased uncertainty in the financial markets has made it more expensive to obtain financing via the capital markets. The banking system is functioning well, however. We are better placed than ever to weather tough times in terms of finance. Our loan-to-value ratio is lower than ever, most of our loans are with banks, our largest shareholders are stable and committed to long-term ownership and there are no cross-ownership issues that could trigger events beyond our control. This provides a strong sense of security at a time of uncertainty.

- We were finally able to report the full economic effect of the detailed development plan in Södra Änggården gaining legal force as an unrealised capital gain. Completion will take place in stages starting from this year and ending in 2026. In total, Södra Änggården comprises 185,000 sq. m. gross floor area (GFA) of building rights with an estimated value for the building rights of SEK 1.8 billion. 90% of the building rights have been sold.

Presentation of Report – today at 10.00 (CEST)

At 10:00 CEST today, investors, analysts, media and other interested parties are invited to a presentation of the report, with an opportunity to participate via a livestreamed teleconference.

Platzer’s CEO P-G Persson and Fredrik Sjudin, CFO, will present the results for the second quarter of 2022. The presentation will be in English and will be followed by a Q&A session.

To participate in the presentation and join the livestream, use the following link: https://tv.streamfabriken.com/platzer-fastigheter-q2-2022

Information and registration at Financialhearings.com
https://financialhearings.com/event/44093

To participate in the teleconference, call one of the following numbers:

SE: +46850558350
UK: +443333009262

The Interim Report and presentation will be available at:
https://investors.platzer.se/sv/rapporter-presentationer

For more information, please contact:
P-G Persson, CEO, Platzer, Tel.: +46 (0)734 11 12 22
Fredrik Sjudin, CFO, Platzer, Tel: +46 (0)721 27 77 78

The information in this press release is information that Platzer Fastigheter Holding AB (publ) is legally obliged to disclose in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was released for publication on 6 July 2022 at 08:00 CEST through the agency of the contact persons shown above.

Platzer Fastigheter Holding AB (publ) owns and develops commercial property in Gothenburg worth around
SEK 27 billion. The Platzer share is listed on Nasdaq Stockholm, Large Cap.