GTC - Globe Trade Centre S.A. — M&A Activity 2020

May 27, 2020

Fulfillment of conditions precedent of the conditional share purchaseagreement between LSREF III GTC INVESTMENTS B.V. and OPTIMUM VENTURESMAGÁNTŐKEALAP

In reference to the current report no. 4/2020 dated 6 April 2020, theManagement Board of Globe Trade Centre S.A. ("Company") hereby reportsthat the Company received confirmation that all condition precedents ofthe conditional share purchase agreement relating to the acquisition of100% of the shares in the share capital of GTC Dutch Holdings B.V., themajority shareholder of Globe Trade Centre S.A. were fulfilled i.e.,decision of (i) the President of the Office of Competition of theRepublic of Poland (Prezes Urzędu Ochrony Konkurencji i Konsumentów),(ii) the Hungarian Competition Authority (Gazdasági Versenyhivatal), and(iii) the Commission for the Protection of Competition in the Republicof Serbia (Komisija za Zastitu Konkurencije) granting consent for thetransaction between LSREF III GTC INVESTMENTS B.V. with its registeredoffice in Amsterdam, address: Claude Debussylaan 10, Vinoly Building,1082 MD Amsterdam, the Netherlands and OPTIMUM VENTURES MAGÁNTŐKEALAPwith its registered office in Budapest, address: 2 Döbrentei utca, 1061Budapest, Hungary.

Legal grounds: Art. 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.