Hili Properties Plc

Pre-Annual General Meeting Information • Oct 21, 2020

The following is a Company Announcement issued by Hili Properties p.l.c. (the "Company") in terms of the Listing Rules.

Company Announcement

QUOTE

It is hereby being announced that an Extraordinary General Meeting of the Company shall be held on the 5 November 2020 at 09:00 hours, at Nineteen Twenty Three, Valletta Road, Marsa, to consider the following Agenda:

AGENDA

Extraordinary Resolution:

(a) To issue and allot one million and one hundred and ninety-two thousand (1,192,000) Ordinary Shares of one Euro (€1.00) each from the unissued share capital of the Company of nineteen million and six hundred thousand Euros (€19,600,000) in favour of Hili Ventures Limited, having Company Registration Number C57902, of Nineteen Twenty Three, Valletta Road, Marsa, MRS 3000, Malta, in view of the capitalization of the consideration due from an assignment of a loan from Hili Ventures Limited to Hili Properties p.l.c. in the amount of one million and one hundred and ninety-two thousand Euros (€1,192,000) payable by the Company to Hili Ventures Limited.

UNQUOTE

BY ORDER OF THE BOARD

Dr Melanie Miceli Demajo Company Secretary

21 October 2020