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:GTCISIN: PLGTC0000037)
(“GTC” or “the Company”)

The Management Board of Globe Trade Centre S.A. (the “Company” or “GTC”) hereby announces that on 18 June 2025, Centrum Światowida sp. z o.o. with its registered seat in Warsaw (“Galeria Północna”), a subsidiary of GTC, signed a loan facility agreement (the “Facility Agreement”) with J&T BANKA, a.s. with its registered seat in Prague (“J&T BANKA”).

Under the terms of the Facility Agreement, Galeria Północna will be granted a loan facility in the amount of up to EUR 84,000,000 (the “Loan”). Galeria Północna is required to pay interest based on 3M EURIBOR plus an applicable margin. The Loan will mature 5 years from the date of the Facility Agreement and will be repaid based on a 24-year amortisation repayment profile, commencing one year after disbursement. The pro-forma average cost of debt of the Company post the Loan will be 3.69%.

The Loan will be secured by standard security instruments for such facilities, including among others: (i) a pledge on the shares of Galeria Północna; (ii) a first-ranking mortgage over Galeria Północna’s real property located in Warsaw; (iii) a pledge over Galeria Północna’s bank accounts; (iv) a pledge over Galeria Północna’s enterprise; (v) an assignment of receivables, rights under insurance policies.

The proceeds of the Loan will be used in part to enhance the Company’s liquidity profile and in part to finance the acquisition of remaining 10.1% stake in the German residential portfolio, as referred to in current report no. 14/2025, which will also support the initiation of the Company’s disposal strategy in respect to this portfolio. The disbursement of the Loan under the above-described Facility Agreement is subject to a number of standard conditions precedent. The terms and conditions of the Facility Agreement are in line with the generally applied standards for this type of agreement.

Legal basis: Art. 17 (1) of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 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