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Changes in the Management Board of Globe Trade Centre SA
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”)
GLOBE TRADE CENTRE S.A.
Current report number: 4/2023
Date: 25 April 2023
Subject: Changes in the Management Board of Globe Trade Centre SA
The Management Board of Globe Trade Centre SA (“GTC”, “Company”) informs that on 25 April 2023,
the Company entered into a mutual employment contract termination agreement with Mr. Ariel
Ferstman. Mr. Ferstman resigned from his seat on the Management Board of the Company as well as
GTC Real Estate Development Hungary Zrt. The resignation is effective as of 25 April 2023. After this
date, Mr. Ferstman will stay with GTC covering the regional functions of capital markets, M&A,
fundraising and creation of new investment platforms for the GTC Group.
On 25 April 2023, the Supervisory Board of GTC nominated Barbara Sikora to the post of Chief Financial
Officer of Globe Trade Centre Group and a member of the Management Board of GTC SA. Ms. Sikora
is a senior financial executive involved in all aspects of corporate finance and business development,
managing, as a board member, CEO and CFO, large groups of companies. She has vast experience in
real estate and construction sectors as well as audit and transaction support. Barbara Sikora has almost
20 years' experience in construction and real estate sector specialising in finance, asset and operational
management. Prior to joining GTC, she held positions of Head of Corporate Finance as well as Asset
Management Director for Residential Projects with G City Europe, where she was involved, among
others, in setting up a new PRS platform, Urban Home. During her extensive career, Ms Sikora also
acted as a Partner and Senior Partner for Griffin Real Estate, holding positions of the fund’s CFO as
well as its selected platforms’ CFO and CEO. Ms Sikora was co-responsible for setting up and running
Resi4Rent, the biggest PRS platform in Poland, acting as its CFO, as well as acquiring construction and
investment financing for the platform. At the same time, she was a CEO of Chariot Top Group, a group
of 28 shopping centres in Poland with 0.7 million sq. m GLA and a value of EUR 1 billion. Furthermore,
over the years, she has held senior positions at Immobel Group SA, Centrum Development and
Investment Sarl Group and Budimex SA being in charge of finance, tax, HR and administration of the
groups. Barbara’s nomination will be effective as of 1 May 2023.
Barbara Sikora holds a master’s degree from the University of Economics in Poznan, faculty of
International Relations, International Financial Management, Executive Master of Business
Administration (EMBA), University of Illinois at Urbana-Champaign, USA; Mrs. Sikora is Certified Internal
Auditor (CIA), member of the Institute of Internal Auditors and Fellow Member of the Association of
Chartered Certified Accountants (ACCA).
According to her statement, Ms. Sikora 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 grounds: § 5 section 4 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/ Zoltan Fekete /s/ Janos Gardai
President of the Management Board Member of the Management Board
Warsaw, Poland
Sponsor: Investec Bank Limited
Date: 25-04-2023 08:40:00
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