Hili Properties Plc

M&A Activity • Dec 23, 2022

Hili Properties plc Nineteen Twenty Three. Valletta Road, Marsa, MRS 3000, Malta

T 00356 2568 1200 E infor@hiliproperties.com

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by Hili Properties p.l.c. (the "Company") pursuant to the Capital Markets Rules issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta), as amended from time to time.

QUOTE

The Company is pleased to announce that following the acquisition earlier this year of 75% of the issued share capital of Baneasa Real Estate S.R.L., owner of MIRO Office Building in Bucharest, it has now entered into an SPA for the acquisition of the remaining 25% in August 2024. This is in line with Announcement 107, published on 4th August, 2022.

MIRO is a newly built Class A mixed-use property developed in the Baneasa area, with approx. 23,000 sqm of leasable area spread out over 5 floors and with a 1,700 sqm outdoor plaza. It was built with a focus on the well-being of its occupants and on sustainability, as evidenced by its BREEAM "Excellent" and WELL "Platinum" certifications.

UNQUOTE

BY ORDER OF THE BOARD

Mr. Adrian Mercieca Company Secretary 23 December 2022