GLOBE TRADE CENTRE S.A. - Appointment of Management Board member of Globe Trade Centre S.A.

Appointment of Management Board member of Globe Trade Centre S.A.

GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)



Current report number: 7/2020

Date: 17 April 2020

Subject: Appointment of Management Board member of Globe Trade Centre S.A.

The Management Board of Globe Trade Centre S.A. (the “Company”) hereby announces that on 16
April 2020 the Supervisory Board of the Company appointed Yovav Carmi as member of the
Management Board of the Company.

Yovav Carmi graduated from Tel-Aviv University, where he obtained a B.A. degree in law and a B.A.
degree in accounting. He also holds an MBA degree from Tel-Aviv University (1998). Moreover, Mr
Carmi is a chartered public accountant in Israel. He started his professional career in 1994 as an auditor
at Ernst & Young, where he worked until 1996. In 1997, he worked for the Israel Securities Authority as
an investigator. Between 1998 and 2001 he was a financial controller at the Kardan Group. Yovav Carmi
has been a chief financial officer and member of the management boards of many of the Company’s
foreign subsidiaries since 2001. Mr. Carmi was a member of the management board of the Company
between 2011 and 2015. Starting 2015, he became Chief Operating Officer at GTC.

According to his statement, Mr. Yovav Carmi is not entered in the register of insolvent debtors
maintained in compliance with the Act on the National Court Register dated 20 August 1997, does not
perform any activities outside of the Company’s business which could be considered competitive with
respect thereto, does not participate in any competitive business either as a partner in a civil partnership
or any other type of partnership, and is not a member of the authorities of any competitive company or
any other competitive entity.



Legal basis: § 5 section 5 of the Regulation of the Minister of Finance of 29 March 2018 on current and
periodic disclosures by issuers of securities and the conditions for recognising as equivalent the
information that is required by the laws of a non-member state.



Signed by:


/s/ Thomas Kurzmann                        /s/ Erez Boniel
President of the Management Board          Member of the Management Board


Warsaw, Poland
Sponsor: Investec Bank Limited

Date: 17-04-2020 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.