GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)

The Management Board of Globe Trade Centre S.A. ("Company", “GTC”), announced  that its wholly-owned subsidiary, GTC Aurora Luxembourg S.A. (publ) (the “Issuer”), plans to issue EUR 500 million fixed rate, senior unsecured green bonds (the “Green Notes”). The Green  Notes will be guaranteed by GTC.

The Company intends to use the net proceeds of the Green Notes to primarily refinance existing secured debt on its projects whose activities meet the eligibility criteria detailed in the GTC's Green Bond Framework, as well as for general corporate purposes.

This announcement does not constitute or form part of any offer or solicitation to purchase or subscribe for the Green Notes in the United States or in any other jurisdiction. The Green Notes will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the US or to, or for the account or benefit of, US persons except pursuant to registration or an applicable exemption from registration requirements of the Securities Act. This announcement is not being made, and this announcement has not been approved, by an authorised person for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended (the “FSMA”). This announcement is not being distributed to, and must not be passed on to, the general public in the United Kingdom or to persons in the United Kingdom save in the circumstances where Section 21(1) of the FSMA does not apply. This announcement is directed only at persons who (i) are outside the United Kingdom or (ii) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc") of the Order or (iv) to whom this announcement may otherwise be directed without contravention of Section 21 of FSMA (all such persons together being referred to as "relevant persons").  In member states of the European Economic Area, this announcement is directed only at persons who are "qualified investors" within the meaning of Regulation EU 2017/1129 (the "Prospectus Regulation"). A prospectus prepared pursuant to the Prospectus Regulation will be published, which, when published, can be obtained from www.ir.gtc.com.pl.

Legal grounds: § 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.

Warsaw, Poland

Sponsor: Investec Bank Limited