GTC - Globe Trade Centre S.A.

Board/Management Information • Dec 15, 2025

Report Content Title: Change in the Supervisory Boardof Globe Trade Centre S.A.

The Management Board of Globe Trade CenterS.A. ("Company") hereby informs that on 12 December 2025, it received awritten notice from GTC Dutch Holdings B.V. with its registered officein Amsterdam, the Netherlands (the "Entitled Shareholder"), according towhich the Entitled Shareholder appoints Mr. Csaba Ember as member of theSupervisory Board of the Company, effective immediately. The appointmentwas made pursuant to article 9 point 1 a)-c) of the Articles ofAssociation of the Company.

Pursuant to the deposit certificateattached to the notice, Entitled Shareholder holds 337,637,591 shares inthe Company, which constitute 58.80% of the Company's share capital, andtherefore Entitled Shareholder is entitled to appoint members of theSupervisory Board of the Company pursuant to the Articles of Associationof the Company.

According to the statements Mr. Csaba Emberis not entered in the register of insolvent debtors maintained incompliance with the Act on the National Court Register dated 20 August1997, does not conduct any business activity outside the Company that iscompetitive with its operations., does not participate in anycompetitive business either as a partner in a civil partnership or anyother type of partnership, and is not members of the authorities of anycompeting company or any other competing entity.

Moreover, Mr. Ember fulfils theindependence criteria as specified in Annex No. II to CommissionRecommendation 2005/162/EC of 15 February 2005 on the role ofnon-executive or supervisory directors of listed companies and on thecommittees of the (supervisory) board.

Dr. Csaba Ember is an attorney-at-lawhaving more than 25 years of experience in international transactions inthe field of financing, capital markets, M_A and infrastructure. He iscurrently the managing partner of Martonyi _ Partner Law Firm. Beforehis current position he held senior positions at various internationallaw firms such as Baker McKenzie where he was involved in major realestate development and acquisition financing, capital marketstransaction. After that he joined Deloitte Legal as associate partnerleading the firm's banking _ finance practice then he became the banking_ finance practice head of Gide Loyrette Nouel in Budapest. Later Dr.Csaba Ember moved in-house as legal director of a major state-ownedHungarian energy company (Fgz Ltd.) and afterwards as the chief legalcounsel of the asset division of MET Group where he was responsible,among others, for the financing and M_A transactions of the companies.Dr. Csaba Ember is an arbitrator of the energy section of the PermanentArbitration Court attached to the Hungarian Chamber of Commerce andIndustry.

Legal grounds: Art. 5 point 6 of theRegulation of the Minister of Finance of 6 June 2025 on current andperiodic information submitted by issuers of securities and on theconditions for recognizing as equivalent the information required underthe laws of a non-member state of the European Union.