CITYCON OYJ     Stock Exchange Release     3 November 2025 at 19:25 hrs
Citycon Oyj (“Citycon” or the “Company”) has received on 3 November 2025 the
following notification pursuant to Chapter 9, Section 5 of the Finnish
Securities Markets Act according to which G City Ltd.'s holding of shares in
Citycon has increased over fifty (50) percent on 3 November 2025.
Citycon has one series of shares in which each share carries one vote. The total
number of shares and votes is 183,569,011.
The holding of shares of G City Ltd. according to the notification:
                  % of shares and      % of shares  Total of
                  voting rights        and voting   both in %
                                       rights
                                       through
                                       financial
                                       instruments
Resulting         G City Ltd. 37.67                 37.67
situation on the
date on           Gazit Europe Nether               19.77
which threshold   -lands B.V. (fully
was crossed or    owned subsidiary of               0.07
reached           G City Ltd.) 19.77
                  Additional shares
                  held by Chaim
                  Katzman 0.07
Position of       G City Ltd. 29.89                 29.89
previous
notification      Gazit Europe Nether               19.73
(if applicable)   -lands B.V. (fully
                  owned subsidiary of               0.02
                  G City Ltd.) 19.73
                  Additional shares
                  held by Chaim
                  Katzman: 0.02
Notified details of the resulting situation following the crossing of the
threshold:
+------------+-----------------+----------------+-----------------+-----------+
|A: Shares                                                                    |
|and voting                                                                   |
|rights                                                                       |
+------------+-----------------+----------------+-----------------+-----------+
|Class/type  |Number of shares and voting rights|% of shares and voting rights|
|of          |                                  |                             |
|shares      |                                  |                             |
|            |                                  |                             |
|ISIN code   |                                  |                             |
|(if         |                                  |                             |
|possible)   |                                  |                             |
+------------+-----------------+----------------+-----------------+-----------+
|Direct      |Indirect         |Direct          |Indirect         |
|            |                 |                |                 |
|(SMA 9:5)   |(SMA 9:6 and 9:7)|(SMA 9:5)       |(SMA 9:6 and 9:7)|
+------------+-----------------+----------------+-----------------+-----------+
|FI4000369947|69,156,068       |-               |37.67            |-          |
+------------+-----------------+----------------+-----------------+-----------+
|FI4000369947|36,285,000       |                |19.77            |           |
+------------+-----------------+----------------+-----------------+-----------+
|FI4000369947|126,934          |                |0.07             |           |
+------------+-----------------+----------------+-----------------+-----------+
|SUBTOTAL A  |105,568,002      |                |57.51            |           |
+------------+-----------------+----------------+-----------------+-----------+
B: Financial
Instruments
according to
SMA 9:6a
Type of     Expiration  Exercise/   Physical or  Number of shares   % of shares
financial   date        Conversion  cash         and voting rights  and voting
instrument              Period      settlement                      rights
                                    SUBTOTAL B
The controlled undertakings through which the shares, voting rights and
financial instruments are effectively held:
Name           % of shares  % of shares and voting rights  Total of both
               and voting   through financial instruments
               rights
Chaim Katzman  0.07         -                              0.07
G City Ltd.    37.67        -                              37.67
Gazit Europe   19.77        -                              19.77
Netherlands
B.V.
TOTAL          57.51                                       57.51
CITYCON OYJ
For further information, please contact:
Hilik Attias
CFO
Contact requests through:
Anni Torkko
Investor Relations Manager
Tel. +358 45 358 0570
anni.torkko@citycon.com
Citycon is a leading owner, manager and developer of mixed-use real estate
featuring modern, necessity-based retail with residential, office and municipal
service spaces that enhance the communities in which they operate. Citycon is
committed to sustainable property management in the Nordic region with assets
that total approximately EUR 3.8 billion. Our centres are located in urban hubs
in the heart of vibrant communities with direct connections to public transport
and anchored by grocery, healthcare and other services that cater to the
everyday needs of customers.
Citycon's shares are listed on Nasdaq Helsinki Ltd.
www.citycon.com