The Management Board of Globe Trade Centre S.A. (“Company”) hereby reports that today the Company received notification from LSREF III GTC INVESTMENTS B.V. with its registered office in Amsterdam, address:  Claude Debussylaan 10, Vinoly Building, 1082 MD Amsterdam, the Netherlands (“Seller”) and OPTIMUM VENTURES MAGÁNTŐKEALAP with its registered office in Budapest, address: 2 Döbrentei utca, 1061 Budapest, Hungary (“Buyer”), that the Seller and the Buyer entered into a conditional share purchase agreement relating to the acquisition of 100% of the shares in GTC Dutch Holdings B.V., which, according to the notification, holds 298,575,091 shares in the Company representing 61.49% of the share capital of the Company and carrying the right to 61.49% of the total number of votes in the Company (“Transaction”).

Pursuant to the notification, completion of the Transaction is conditional on the obtainment of decisions issued by, respectively: (i) the President of the Office of Competition of the Republic of Poland (Prezes Urzędu Ochrony Konkurencji i Konsumentów), (ii) the Hungarian Competition Authority (Gazdasági Versenyhivatal), and (iii) the Commission for the Protection of Competition in the Republic of Serbia (Komisija za Zastitu Konkurencije) granting consent to the carrying out of the concentration consisting of the Transaction.

Pursuant to the notification, upon the completion of the Transaction, the parties will submit the relevant notifications pursuant to Article 69 et seq. of the Act of 29 July 2005 on Public Offerings and the Conditions for the Introduction of Financial Instruments to the Organised Trading System and Public Companies and meet other information obligations as may be required by the relevant provisions of law.

Legal grounds: Art. 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC – inside information.