GTC Acquisition and Construction Overview

NAV EPRA NAV growth As of 30 June 2020 €m EPRA NAV +89% 1,200 1,170 1,161 1,073 897 779 614 31 Dec'14 31 Dec'15 31 Dec'16 31 Dec'17 31 Dec'18 EPRA NAV bridge €m As of 30 June 2020 EPRA NAV per share 1.75 1.69 1.95 2.47 2.42 2.39 2.28 31 Dec 2014 31 Dec 2015 31 Dec 2016 31 Dec 2017 31 Dec 2018 31 Dec 30 June 2019 2020 31 Dec'19 30 June'20 1,161 144 1,020 (14) 1,006 11 | Total equity Non-controlling interest Source: GTC 18 Equity attributable to equity holders of the Company Derivatives Def. tax liab. on EPRA NAV RE assets NAV EPRA growth momentum ■ EPRA NAV per share at €2.39 (€2.47 at 31 December 2019) Strong EPRA NAV uplift since 2014 Due to rounding the figures may not add up to totals | FIINANCIAL HIGHLIGHTS | GT CI

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