2022: strategic expansion and a new transaction in GTC's new sectoractivities

The Management Board of Globe Trade Centre S.A. (the "Company") herebyannounces that it decided on a re-orientation to the previouslyannounced and followed strategy of the Company, which re-orientationincludes specific changes to this strategy, and that, in addition, ithas entered into its first transaction after the introduction of suchstrategic expansion.

Details of the strategic expansion

The management board of the Company decided to pursue potential newinvestments in certain new sectors which may diverge from the currentcore scope of the Company's operations (namely, the development andmanagement of office, retail and certain other types of real estate).The management board assumes that the new investments should:

? help GTC diversify its portfolio in new and fast-growing sectors whichmay be either based on direct real estate investments or operating inrelated investment platforms

? achieve expected returns from such investments at least the same orhigher than the returns on currently held assets in the portfolio;

? involve sectors with more sustainable growth compared to traditionalreal estate;

? be made in segments of the market which should be resilient to presentturbulent market conditions.

As part of the new strategy, GTC will be open to establishing platformswhich will enable third-party investors to participate, and which willallow GTC to benefit from higher leverage and returns than existing inits present business model. This should allow GTC to increase the scaleof its operations and for third party investors to benefit from theexperience and strength of GTC's investment platform.

Potential new sectors identified by the Company's management to beconsidered for investment as part of the new strategy include:

1. investment in innovation and technology parks;

2. investment in renewable energy facilities; and

3. investment in development of PRS assets (private rented sectorproperty - residential).

Details of the new transaction in the innovation and technologyparks sector

As part of the newly re-oriented strategy, on 9 August 2022 the Companyentered into an agreement concerning a transaction (the "Transaction")involving a joint venture investment into an innovation park in Kildare,Ireland (the "Transaction").

The Transaction involves an investment of approximately EUR 115 millioninto the project described below. The project involves otherinternational professional investors acting through a Luxemburgpartnership advised by Icona Capital, an entity from the same group asGTC's minority partner.

Ireland is one of Europe's largest technology and life science hubs withtechnology, science and innovation companies such as Pfizer, J_amp;J,Gilead, Abbot, Intel, Apple, Google, Tik Tok and Facebook having majorpresence in Ireland.

The property covered by the Transaction is Kildare Innovation Campus,located outside of Dublin.. The Kildare Innovation Campus extends over72 ha (of which 34 ha is undeveloped). There are nine buildings thatform the campus (around 101,685 sqm): six are lettable buildings withdesignated uses including industrial, warehouse, manufacturing andoffice/lab space. In addition, there are three amenity buildings,comprising a gym, a plant area, a campus canteen, and an energy centre.

The campus currently generates around EUR 6.26 million gross rentalincome per annum.

A masterplan has been prepared whereby the site and the campus areplanned to be converted into a Life Science and Technology campus with atotal of approximately 135,000 sqm.

Under the Transaction documentation, GTC will acquire a minority stakeof 25% through notes (debt instruments) issued by a Luxembourgsecuritisation vehicle. GTC's investment is protected by customaryinvestor protection mechanisms.

GTC's initial investment will be financed from equity. No externalfinancing is envisioned at this stage in connection with theTransaction. Nevertheless, GTC does not exclude leveraging itsinvestment in the future to maximise the return on equity.

Legal basis: Art. 17(1) of Regulation of the European Parliament andCouncil (EU) No. 596/2014 on market abuse (market abuse regulation) andrepealing Directive 2003/6/EC of the European Parliament and Council andCommission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (insideinformation).