Investor Presentaiton

REVENUES by location REVENUES BY COUNTRY Єm 63 20 16 16 11 3 79 76 22 20 17 11 6 30 24 17 12 11 50 25 17 13 8 8 FY2017 FY2018 FY2019 9M 2020 Poland Belgrade Budapest ■Bucharest Zagreb Sofia GROSS MARGIN BY COUNTRY Єm Source: GTC 35 44 54 16 15 17 14 12 12 7 7 5 2 FY2017 FY2018 Poland ■Belgrade ■Budapest 55 23 18 14 8 9 FY2019 ■Bucharest ■Zagreb ■ Sofia 36 19 13 11 5 7 9M 2020 Note: Data for Sofia in 2017, relates to non-core shopping centres in Stara Zagora and Burgas, which were sold in April 2017 | ANNEX | GTC

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