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Investor Presentaiton

UNIQUE DEVELOPMENT PIPELINE Unlocking significant embedded value through development projects As of 30 June 2020 UNDER CONSTRUCTION TOTAL INVESTMENT INVESTMENT EXPECTED IN-PLACE REVALUATION GAIN TOTAL GLA CITY (ths. sq m) COST (€m) (1) COST(1) (€m) RENT (€m) RECOGNIZED (€m) BOOK VALUE (€m) EXPECTED DEVELOPMENT YIELD (%) EXPECTED COMPLETION ABC II Sofia 17.8 24.2 33.4 3.2 0.4 24.6 9.6% Q4 2020 Matrix B Zagreb 10.7 17.4 20.2 1.8 0.5 17.9 8.9% Q4 2020 Pillar Budapest 29.0 36.4 83.3 6.1 8.8 45.2 7.3% Q4 2021 TOTAL 57.5 78.0 136.9 11.1 9.7 87.7 READY TO BE LAUNCHED IN 24 MONTHS GTC X Belgrade 16.8 10.0 35.8 3.5 Tower Mall of Sofia Sofia 7.7 0.6 12.0 1.3 Center Point 3 Budapest 35.5 17.7 98.6 7.6 TOTAL 60.0 28.3 146.4 12.4 10.0 9.8% Q2 2022 0.6 10.8% 17.7 7.7% Q2 2022 2022 28.3 PLANNING STAGE Moderna Katowice 18.3 3.4 39.4 3.4 (0.3) 3.1 8.7% 2022 City Rose Park Bucharest 50.1 15.5 121.9 9.7 15.5 8.0% 2023 The Twist Budapest 37.0 14.8 100.2 8.4 14.8 8.4% 2023 Zielone Tarasy Warsaw 61.0 32.7 180.0 18.0 32.7 10.0% 2025 Matrix future phases Zagreb 55.0 14.6 110.0 10.0 14.6 9.1% 2023-2026 TOTAL 221.4 81.0 551.5 49.5 80.7 GRAND TOTAL 338.9 187.3 834.8 73.0 9.4 196.7 Source: GTC Note: (1) Investment cost includes cost of land, construction cost, marketing cost and cost of finance; 51 | ANNEX | GT CI
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