Hamn Panorama Description of deliverables

GENERALLY: • Outlets for washer / dryer in bathroom wood. Uninsulated outside storage room will The buildings are built according to the Plan & • Power outlets on the front veranda have chipboard flooring or impregnated wood. • Building Law (“Plan & Bygningsloven”). The Power outlet for any heat pump (heat pump is extra - on request) requirements according to TEK10 (transitional • Power outlet for villa ventilation in outside rules as of December 2016) are used, for storage room sections applicable for vacation homes. • Number of outlets in general in accordance with normal housing standard FOUNDATION The apartments are built on wooden breams WATER SUPPLY on concrete foundations. A water pipe has been established from the municipal water supply pipe (jointly with ALTERNATIVE DELIVERABLES/ADD-ONS: neighbouring property). On request, an optional list will be provided Heating cables is mounted on the outside where the buyers of the apartment can make water pipes to each house, for anti-frost upgrades (price changes will apply), e.g. solid security. wood floor, heat pump, sauna, and the like). BATHROOM POWER SUPPLY Bathrooms come with complete bathroom Each apartment will have its own subscription fittings, including following: for electricity. • Vanity bench with washbasin In the fuse cabinet for each apartment, space • Basin mixer will be allocated for mounting the termination • Mirror point for fiber cable and switch. There will be a • Mirror Lights separat outlet in the fuse cabinet for power to • Wall-hung toilet the router/switch. From the fuse cabinet, TP- • Shower door/walls cables are mounted to the living room for TV, • Shower mixer and shower head as well as cables for the internet to outlets for • Water extraction and drain for washing For additional info, wireless router (fiber access is supplied by machine. look up: separat supplier for those who order fiber www.hamn.no connection). Wireless router / switch is not Bathroom fittings and washbasins are included in the delivery. delivered as normal housing quality. The bathrooms have floor heating cables with FIRE ALARM SYSTEM thermostat control. Serial-connected smoke / fire alarms are provided for the entire plant, with a common VENTILATION WITH HEAT RECOVERY fire control for the entire field. Ventilation with heat recovery is installed for each apartment. Ventilation units are installed POWER OUTLET / ELECTRICAL EQUIPMENT in outside storage room, and ventilation pipes • El-box for counter top lighting are mounted in the suspended ceiling in the • El-box for kitchen fan corridor and bathroom. • Outlet dishwasher • Outlet fridge SURFACES / MATERIALS • Outlet cooker • Outlet for hot water heater In general, the walls and ceilings are made with • Ceiling lights in kitchen plasterboard or fermacell that is plastered and Text • Outlet ceiling lights in living room (light painted. fixture provided on request/extra) Bathroom walls and floors are tiled. • Ceiling lights in hallway / corridor Floors are made of laminate of good quality. • Ceiling lights in bedrooms Terraces are made with impregnated wood. • Outlet for bedside lamps in bedrooms Handrails in the front will have glass panels, • Exterior lighting on each veranda/terrasse with uprights and handrails of impregnated • Panel heaters in each room wood. Other railings are made of impregnated Entrance facade

V20190807_eng_draft Hamn Panorama Sales declaration

APARTMENT TYPE ORDER. NR. TIMEFRAME buyer. Older/historical easements may follow the First house with 2 apartments completed in summer sections. HP1 HP HP1-1 2019. Completion of the next 2 apartments is based TIME FOR TAKEOVER on the progress in the sales process, but planned start HP2 HP HP1-2 Will be agreed for each section with the buyer. for building the house is second half 2019. HP3 HP HP2-1 Reservations are made for the sale of the minimum WARRANTY quantity for each construction step before start-up. HP4 HP HP2-2 Units under planning and up to completion are sold CONTENT AND DELIEVRABLES according to the “Bustadoppføringsloven” (housing construction act) for private buyers. Completed units, All areas listed in the prospectus are preliminary; See location in separate illustration. as well as sales to businesses, are sold in accordance minor deviations / changes can take place within with the “Avhendingsloven”. ORDER NUMBER completion. The assigned order number can be changed before REVIEW STANDARD contract signing. By agreement with the seller.. The apartments are delivered ready to move in, THE DEVELOPER except the kitchen, which is based on extra order PAYMENT CONDITIONS IKO Bygg AS, Hamnveien 1145, 9385 Skaland. process by the buyer. No later than 7 days after acceptance of the purchase SALES SETTLEMENT offer, NOK 150,000 must be paid in advance, the HEATING remaining part of the purchase price and costs will be Codex Advokat Tromsø AS. Electric heating. Optional heat pump. Ventilation with paid upon taking over the apartment. The buyer must PROPERTY DESIGNATIONS heat recovery. document financing. Hamn Panorama: Gnr 17 bnr. 87 in Berg municipality All apartments come with a steel pipe over the ceiling CONTRACT as standard. Fireplace can be ordered as extra. GETTING THERE Contract templates for the purchase of the ROAD, WATER, DRAINAGE apartment will be made available, which also contains Car / bus between Finnsnes and Hamn iSenja takes articles of association for the condominium, as well as Private internal roads connected to public roads. approx. 45 min. Senja is connected to the mainland by agreements related to management, operation, Rights to use the roads have been granted over gnr / the Gisund Bridge, from Finnsnes to Silsand. Ferry maintenance, rental etc. The buyer is asked to bnr 17/3. Water supply from municipal waterworks, connections: Car ferry from Andenes to Senja, arriving familiarize himself with these documents. in Grylleord (10 minutes from Hamn). The ferry and distributed in private distribution networks. service between Tromsø and Senja from Brensholmen Drainage is connected to a private facility. Each PRICE ADJUSTMENTS section is obliged to participate with a proportionate to Botnhamn takes 45 minutes (usually operated After the purchase agreement is signed, the purchase cost sharing for maintenance and operation of during summer, but is planned to be all-year). Driving price is fixed. Seller reserves the right to change the common road / parking, sewerage and water supply between Botnhamn and Hamn takes about 45 min. price of unsold units without notice. respectively. AIRPORTS, EXPRESS BOAT, ETC TRANSACTION COSTS PARKING Bardufoss Airport is the nearest airport and is located In addition to the purchase price, the stamp fee is Each apartment has 1 parking space on the site. about 90 km from Hamn i Senja. Bardufoss provides 2.5% of the plot value (possibly of purchase price if several daily departures to/from Oslo Airport. Driving TAX VALUE the contract is concluded after completion). from Tromsø airport to Hamn in Senja takes approx. 3 Land registration of bond, mortgage bonds, etc.will hours by car. Fast ferry from Tromsø to Finnsnes takes Not settled yet, as this is new construction.. apply in accordance with the any any time applicable approx 1 hour, departing 2-3 times a day. Hurtigruten COMMON EXPENSES calls Finnsnes daily, both north and south. prices from the Norwegian Authority. A separate condominium has been established for PLOT Hamn Panorama, and the condominium jointly ORGANIZATION Each apartment represents an ideal share of jointly organizes matters such as water connection, The project is organized into the following entities: participation in common sewerage systems, snow owned land (17/87 in Berg Municipality). The plot is • Development company (IKO Bygg AS) clearing, and maintenance of a common access road • 1058 m2 and is divided into 6 shares. Hamn Panorama and parking space, insurance of common facilities, • Senja Reiseliv AS, operation of Hotel Hamn i Senja The new hotel building to the east is closer to the plot etc. Water connection and sewerage system are than 4 meters. However, there is more than 8 meters organized jointly with neighbour plot. Cost sharing for BUSINESS ACTIVITY, HIRE distance between the hotel building to the east of this is calculated proportionally according to the area- Hamn Panorama is sold for private use for leisure Hamn Panorama and the new hotel building. In factor for the total area of use (BRA) associated with purposes. It is not permitted to conduct a commercial addition, house 1 in the western part of the plot is the plant. property rental on the property, and this is included as located closer to an existing buildings than 8 meters. Maintenance of a common road from the public road a clause in a contract template. This restriction may However, the existing building is planned to be to Hamn Panorama will also be calculated be set aside through a written agreement with the demolished within 2-3 years. Otherwise, it will be at proportionately according to the area factor for the tourism facility in Hamn i Senja, if such use is total area associated with the access. Total common least 8 meters from the buildings at Hamn Panorama permitted in accordance with the current zoning plan. expenses for each apartment is estimated to be A framework agreement has been signed between to any new surrounding buildings to the west. approximately NOK 20.000 each year (included the condominium Hamn Panorama and the hotel in ZONING PLAN AND PERMITS insurance for the building). Hamn in Senja for letting through the hotel, for the section owners who are interested in such letting The project is part of an existing zoning plan, which OFFICIALLY REGISTERED LIENS/EASEMENT (assuming need / commitment from the hotel). has been approved. A building permit have been Monetary liabilities/iens will be deleted by the seller granted for the development. for each section before the transfer of the deed to the

V20190807_eng_draft