The Management Board of Globe Trade Centre S.A. (the “Company"), hereby informs that pursuant to Article 7.1.1., 7.1.2 and 7.1.3. of the Company Statute Mr. Alain Ickovics was re-appointed by GTC Real Estate Holding B.V. with its registered office in Amsterdam (the “Shareholder") to the Company’s Supervisory Board.

Alain Ickovics graduated from the Israel Institute of Technology in 1982, where he obtained a BSc degree in industrial engineering, and from the Columbia University Graduate School of Business in 1984, where he obtained his MBA degree. In the years 1984-1990, he was a vice president at Citibank N.A. in New York. In the years 1990-2001, he was the managing director of Talladium International Investments N.V. and Development Sources International S.A. In 2002 he was appointed a member of the supervisory board of TBIH Financial Services Group N.V. and he served in this position until 2011. In the years 2006-2012 he served as the chairman of the management board of Kardan, and also as a member of the management boards and the supervisory boards of a number of companies from the Kardan group. From 2009 he has served as a director of Esytyt Investments & Management Ltd. Between 1994 and 2002 he served as the president of the Management Board and in 2002 he was appointed as a member of the Supervisory Board and continues to serve in this position.

Mr. Alain Ickovics is not entered in the Register of Insolvent Debtors maintained in compliance with the Act on the National Court Register and does not perform any activities outside of the Company’s business which would be competitive thereto, does not participate in any competitive business either as partners in a civil partnership or any other partnership, and is not members of the authorities of any company or any other competitive legal entity.

Legal grounds: §5.1.22 of the Regulation of the Council of Ministers of 19 February 2009 concerning the submission of current periodical information by the securities' issuers and the conditions of recognizing as equal the information demanded by the national lawful regulation of a country which does not hold the membership in European Union.