Shareholders are advised that a wholly owned subsidiary of the company, Tuvalu sp.z.o.o (“Tuvalu”), has entered into an agreement to acquire Serenada shopping centre (with a GLA of 41,170m2, openingn in October 2017) and the adjacent Krokus shopping centre (with a GLA of 27,728m2), located in Kraków, Poland (together, the “properties”), for an aggregate purchase consideration of EUR249.4 million (the “acquisition”), to be increased by future payments of approximately EUR212 million, dependant on the completion of an extension which will result in a single integrated shopping centre with a GLA of over 100,000m2 (the “extension”).