Plaza Centres Plc

AGM Information • Jun 24, 2021

Company Announcement

Plaza Centres plc (the "Company")

Annual General Meeting Held

Date of announcement 24 June 2021 Reference PZC 208/2021 In Terms of Chapter 5 of Listing Rules

QUOTE

The Company announces that the annual general meeting ("AGM") of the Company was held today 23 June 2021, as previously announced, and it is hereby reporting on the outcome of the proceedings of the AGM. This year's AGM was held remotely due to the ongoing health risks and concerns associated with the COVID-19 pandemic, in accordance with the relevant provisions set out in the Companies Act (Public Companies – Annual General Meetings) Regulations, 2020 (L.N. 288 of 2020).

The following resolution were duly approved at the meeting.

ORDINARY BUSINESS

Resolutions

1. That the Annual Report for the financial year ended 31 December 2020, including the financial statements for the year ended 31 December 2020 and the Directors' and Auditors' Reports thereon be and is hereby received and approved;

2. That a net dividend of €0.0157 per share, which represents a net amount of €400,000 as recommended by the Directors be and, is hereby approved;

3. That PricewaterhouseCoopers be and are hereby re-appointed as Auditors of the Company and that the Board of Directors be and is hereby authorised to determine their remuneration.

1. That the Remuneration Statement published as part of the Annual Report be and is hereby approved¹

Appointment of Directors

The term of office of the Directors currently in office shall expire at the forthcoming Annual General Meeting. In line with the requirements of Article 56.3 of the Articles of Association, the Company issued adverts calling for the nomination of persons to be appointed Directors. The Company received four (4) valid nominations for the appointment of Directors from Prof. Emanuel P. Delia, Mr. Charles J. Farrugia, Mr. Brian R. Mizzi and Mr. Gerald J. Zammit. In addition, Mr. Alfredo Munoz Perez and Mr. Etienne Sciberras are appointed as Directors of the Company for the forthcoming year by shareholders owning 14% or more of the Company's voting rights pursuant to Article 55 of Plaza Centres p.l.c.'s Articles of Association. Since the number of nominations is less than the number of vacancies on the board, no election has taken place and these nominees will be automatically appointed as Directors in accordance with Article 56.5(a) of the Articles of Association. Accordingly, no resolution was required at this meeting.

The Board wishes to thank Mr David Curmi and Mr Alan A Mizzi for their services to the Company.

In accordance with Listing Rule 5.20, the following details are hereby being provided to the public:

Name:	Mr. Alfredo Munoz Perez
Address:	Conde De Penalver 14 28006, Madrid
Function:	Non-Executive Director
Principal activity outside the Company significant	N/A
with respect to the Company:
Current and past (5years) directorships in other	Directorship with Midi p.l.c. – in process
companies having securities traded on a stock
exchange:
Other disclosures:	N/A

Signed:

Louis de Gabriele Company Secretary

¹This is the first time that the Remuneration Report is being submitted to the annual general meeting for an advisory vote. An advisory vote means a non-binding vote which makes heard the general opinion of shareholders in regard to the issue at hand.