Plaza Centres Plc

Regulatory Filings • Mar 23, 2020

Company Announcement

Plaza Centres plc (the "Company")

COVID-19 Update

Date of announcement 23 March 2020 Reference PZC 171/2020 In Terms of Chapter 5 of Listing Rules

The following is a company announcement issued by Plaza Centres plc ("The Company") pursuant to the Malta Financial Services Authority Listing Rules.

QUOTE

Plaza Centres plc is hereby providing information with reference to the ongoing developments in relation to the COVID-19 pandemic.

The Company has been assessing the immediate and potential impact of COVID-19 on its operations and financial performance, and the Company wishes to reassure its shareholders and bondholders that:

(i) The health and safety of its employees, tenants and general public are and will remain the main priority through these delicate times. In this regard, the company has taken various measures and continues to take all the appropriate measures as guided by the Public Health authorities and updated legal notices.

(ii) The Company implemented its business continuity plan.

(iii) Although operating performance is expected to be negatively impacted, the Company is adequately capitalized and liquid to meet its financial obligations as they fall due.

The Company will continue to monitor the situation on an ongoing basis and will keep the market updated as necessary.

UNQUOTE

Signed: Louis de Gabriele Company Secretary