GTC - Globe Trade Centre S.A. — Capital/Financing Update 2020

Dec 3, 2020

Bonds issue under the Bond Funding for Growth ProgramTheManagement Board of Globe Trade Centre S.A. ("the Company", "GTC S.A."),hereby reports that on 3 December 2020, the Company's subsidiary, GTCReal Estate Development Hungary Zrt., issued 792 pieces of seniorunsecured bonds, with the nominal value of HUF 50 million each and thetotal value of HUF 39.6 billion ("Bonds"). The Bonds will be fullyguaranteed by GTC S.A.

The tenor of the Bonds is 10 years and the final maturity date was setfor 7 December 2030. The Bonds will be amortized 10% per annum startingfrom year 7th.

The Bonds will be Green Bonds and proceeds from the bonds will be usedto finance and refinance acquisition, construction or refurbishment ofbuildings which meet recognised green building standards, such as BREEAM(Very good and above) and LEED (Gold and above) in line with Group'sGreen Bonds Framework.

The Bonds (ISIN code: HU0000360102GTC) will be admitted for tradng onthe XBond market operated by the Budapest Stock Exchange.

Legal basis: Article 17 (1) of Regulation (EC) No 596/2014 of theEuropean Parliament and of the Council on market abuse (market abuseregulation) and repealing Directive 2003/6/EC of the European Parliamentand of the Council and Commission Directives 2003/124/EC, 2003/125/ECand 2004/72/EC - confidential information.