GTC - Globe Trade Centre S.A. — Capital/Financing Update 2021

Jun 17, 2021

Globe Trade Centre S.A. successfully prices €500,000,000 2.25% percent. green notes due 2026

The Management Board of Globe Trade Centre S.A. ("GTC") announced thesuccessful pricing of €500,000,000 2.25% per cent. senior unsecuredgreen notes due 2026 issued by GTC Aurora Luxembourg S.A. and guaranteedby GTC (the "Green Notes"). GTC is rated BBB- (with stable outlook) byFitch and Ba1 (with positive outlook) by Moody's. An application hasbeen made to list the Green notes on the Irish Stock Exchange plctrading as Euronext Dublin. The settlement of the Green Notes isexpected to occur on 23 June 2021.

GTC will use the net proceeds of the Green Notes to primarily refinanceexisting secured debt on its projects whose activities meet theeligibility criteria detailed in the GTC's Green Bond Framework, as wellas for general corporate purposes.

This announcement does not constitute or form part of any offer orsolicitation to purchase or subscribe for the Green Notes in the UnitedStates or in any other jurisdiction. The Green Notes will not beregistered under the US Securities Act of 1933, as amended (the"Securities Act") and may not be offered or sold in the US or to, or forthe account or benefit of, US persons except pursuant to registration oran applicable exemption from registration requirements of the SecuritiesAct. This announcement is not being made, and this announcement has notbeen approved, by an authorised person for the purposes of Section 21 ofthe Financial Services and Markets Act 2000, as amended (the "FSMA").This announcement is not being distributed to, and must not be passed onto, the general public in the United Kingdom or to persons in the UnitedKingdom save in the circumstances where Section 21(1) of the FSMA doesnot apply. This announcement is directed only at persons who (i) areoutside the United Kingdom or (ii) have professional experience inmatters relating to investments falling within Article 19(5) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order 2005(the "Order") or (iii) are persons falling within Article 49(2)(a) to(d) ("high net worth companies, unincorporated associations etc") of theOrder or (iv) to whom this announcement may otherwise be directedwithout contravention of Section 21 of FSMA (all such persons togetherbeing referred to as "relevant persons"). In member states of theEuropean Economic Area, this announcement is directed only at personswho are "qualified investors" within the meaning of Regulation EU2017/1129 (the "Prospectus Regulation"). A prospectus prepared pursuantto the Prospectus Regulation will be published, which, when published,can be obtained from www.ir.gtc.com.pl.

Legal grounds: § 17(1) of Regulation (EU) No 596/2014 of the EuropeanParliament and of the Council of 16 April 2014 on market abuse (marketabuse regulation) and repealing Directive 2003/6/EC of the EuropeanParliament and of the Council and Commission Directives 2003/124/EC,2003/125/EC and 2004/72/EC - inside information.