Investor Presentaiton

DEVALUATION OF INCOME GENERATING ASSETS MOSTLY DUE TO COVID-19 IMPACT ON RETAIL REVALUATION LOSS ON INCOME GENERATING ASSETS BY SECTOR H1 2020 REVALUATION LOSS ON INCOME GENERATING ASSETS Retail 94% Source: GTC 29 As of 30 June 2020 Office 6% Revaluation (€m) (%) COMPLETED RETAIL (59) -7% Poland (34) -7% Revaluation loss €62m Belgrade (16) -13% Zagreb Sofia (2) -2% (7) -7% COMPLETED OFFICE (4) -0.3% | COVID 19 IMPACT | GT CI

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