GLOBE TRADE CENTRE S.A. - Appointment of Supervisory Board members of Globe Trade Centre S.A

Release Date: 01/08/2018 12:00
Code(s): GTC
 
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Appointment of Supervisory Board members 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 No.: 21/2018

Date: 1 August 2018

Subject: Appointment of Supervisory Board members of Globe Trade Centre S.A.


The management board of Globe Trade Centre S.A. (the “Company”) hereby informs that pursuant to
notification received on 30 July 2018 from LSREF III GTC Investments B.V. on decreasing its direct
shareholding in the Company to zero, the mandates of Mr. Alexander Hesse, Mr. Olivier Brahin, Mrs.
Katharina Schade, MR. Philippe Couturier and Mr. Jan-Christoph Düdden as a Supervisory Board
expired pursuant to Article 9 point 2 of the Company’s Articles of Association..

The management board of the Company hereby informs that on 31 July 2018 received a written
statement of GTC Dutch Holdings B.V., with its registered seat at Herikerbergweg 238, Luna Arena
1101 CM Amsterdam, the Netherlands, (the “Entitled Shareholder”), according to which the Entitled
Shareholder, pursuant to sections 9.1.a), 9.1b) and 9.1c) of the articles of association of the Company
appoints Mr. Alexander Hesse, Mr. Olivier Brahin, Mrs. Katharina Schade and Mr. Jan-Christoph
Düdden as a members of the supervisory board of the Company, effective immediately.

Pursuant to its statement and the deposit certificate attached thereto, the Entitled Shareholder holds
298,575,091 shares in the Company, which constitute 61.13% of the Company’s share capital and
entitles the holder thereof to 61.75% of the votes at the general meeting of the Company.

Alexander Hesse Member of GTC’s Supervisory Board since December 2013. Alexander Hesse has
over 18 years of experience in real estate investments and asset management. He has invested directly
in properties as well as in commercial real estate debt. As a senior managing director and co-head of
European Real Estate Investments at Lone Star, he is in charge of real estate and real estate debt
investments in Germany, Austria and CEE/SEE. At TLG Immobilien GmbH, Berlin, Mr. Hesse is
chairman of the advisory board. Prior to joining Lone Star, between 2002 and 2007, he was head of real
estate at Hudson Advisors Germany, responsible for real estate asset management and underwriting of
Lone Star real estate and debt investments in Germany. Prior to this, Mr. Hesse was a managing director
at a listed German real estate company.

Mr. Hesse graduated from WHU Otto Beisheim School of Management and successfully participated in
MBA programmes at Penn State University and Instituto Tecnológico Autónomo de México (ITAM).

According to his statement, Mr. Hesse 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.

Olivier Brahin is the chairman and a director of Quintain Limited, a large real estate developer focused
in the London PRS market, which is owned by Lone Star. Mr. Brahin recently stepped down as a partner
in Lone Star and Senior Managing Director of Lone Star European Investments, where he was
responsible for all investments and origination in Europe. Prior to joining Lone Star, from November
2000 through December 2007, Mr. Brahin served as President of Hudson Advisors Europe, directing
the underwriting, financing and asset management of all Lone Star investments in Europe. Mr. Brahin
has 28 years of experience in commercial real estate investment, financing, and asset management.
Prior to joining Hudson Advisors, Mr. Brahin worked for the real estate structured finance department of
BBC Bank and UIC Sofal. He was director at JER France responsible for underwriting. He began his
career in 1990 as a developer.

Mr. Brahin holds both a Masters degree in Finance as wells as a Masters in Economics from the
University Paris – Dauphine IX.

According to his statement, Mr. Brahin 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.

Katharina Schade has more than 11 years of experience in M&A and strategy consulting. In her current
position as Senior Vice President at Lone Star Germany Acquisitions GmbH she is primarily responsible
for origination, acquisition and asset management of investments for Lone Star in Germany, Austria and
CEE/SEE. Prior to joining Lone Star Germany Acquisitions GmbH, Katharina Schade served more than
four years as Senior Vice President Underwriting at Hudson Advisors Germany GmbH where she was
in charge of underwriting investments for Lone Star in Germany, Austria and CEE/SEE. Prior to joining
Hudson, she worked for more than six years as manager of corporate strategy and M&A for a family-
owned corporation and as a consultant advising private equity funds and financial institutions at Bain &
Company in Germany, Denmark and Belgium.

Katharina Schade graduated from Philipps University in Marburg and holds a doctorate in finance from
Johann Wolfgang Goethe University in Frankfurt.

According to her statement, Mrs. Schade 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.

Jan-Christoph Düdden has 14 years of experience in real estate and asset management. He is chairman
of the management board of Isaria Wohnbau AG. Prior to joining Isaria Wohnbau AG, Jan was head of
Hudson Advisors Germany's asset management activities and responsible for the asset management
and disposal of real estate and real estate debt investments in Germany, the Benelux countries, and the
regions of central and eastern Europe and southeast Europe. Prior to joining Hudson Advisors in 2005,
Jan-Christoph Düdden was a manager at Lufthansa AG, German airline, in the corporate finance
department.

Jan-Christoph Düdden holds a degree in business and administration from the WHU Otto Beisheim
School of Management.

According to his statement, Mr. Düdden 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: Paragraph 5 sec. 1 point 22 of the Regulation of the Minister of Finance dated 19
February 2009 on the submission of current and periodical information by issuers of securities and on
the conditions for treating as equivalent information required by the laws of a country which is not a
member of the European Union.
Signed by:




/s/ Thomas Kurzmann                 /s/ Erez Boniel

President of the Management Board   Member of the Management Board

Warsaw
Poland

Sponsor :Investec Bank Limited

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