Investor Presentaiton

BONDS TERMS AND CONDITIONS (I/II) Main terms of the planned bond issuance within the framework of the Bond Funding for Growth Scheme, launched by the National Bank of Hungary: ISSUER CREDIT RATING " " GTC Magyarország Ingatlanfejlesztő Zrt. (GTC Hungary Real Estate Development Company Ltd.) Scope Ratings GmbH - Corporate credit rating of the Issuer: BBB- (Stable); Credit rating of the Bonds: BBB- PURPOSE OF BOND ISSUANCE ■ To refinance Issuer's and Guarantor's (at consolidated level) financial indebtedness (at least 50% of bond proceeds applied for refinancing) ■ To finance real estate redevelopment and construction projects by the Issuer and Guarantor (or other members of the Guarantor's group) ■ All redevelopment and construction proceeds to be applied for projects which meet the relevant BREEAM and LEED recognized standards (Green Bonds - strong dedication to sustainability and social awareness) ■ Green Bond: based on the second party opinion by Sustainanalytics, the purpose of the issuance aligns with the Green Bond Principles 2018. 31 ISSUE SIZE " HUF 36bn MATURITY ■ 10 years ■ Issue in November/December 2020 ■ Amortization: • 10% year 7 10% year 8 COUPON INSTRUMENT SIZE 10% year 9 70% bullet payment at the maturity ■ Subject to final pricing ■ Fixed rate Payable annually ■ HUF 50m nominal value per bond LISTING ■ XBond platform (Hungarian Stock Exchange) JOINT LEAD MANAGERS ■ OTP Bank Nyrt. GUARANTOR Equilor Befektetési Zrt. ■ Globe Trade Centre S.A., guaranteeing the Bonds and any other future financial indebtedness of the Issuer during the tenure of the Bonds | BOND TERMS | GT CI

View entire presentation