Investor Presentaiton

DEVALUATION OF INCOME GENERATING ASSETS MOSTLY DUE TO COVID-19 IMPACT ON RETAIL REVALUATION LOSS ON INCOME GENERATING ASSETS BY SECTOR 9M 2020 REVALUATION LOSS ON INCOME GENERATING ASSETS Retail 92% Source: GTC 29 As of 30 September 2020 Office 8% Revaluation (€m) (%) COMPLETED RETAIL (60) -7% Poland (34) -7% Revaluation loss Belgrade (16) -13% €65m Zagreb (2) -2% Sofia (8) -7% COMPLETED OFFICE (5) -0.4% | COVID 19 IMPACT | GT CI

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