Exceeding the threshold of votes by Powszechne Towarzystwo Emerytalne PZU 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 No.: 24/2018 Date: 16 October 2018 Subject: Exceeding the threshold of votes by Powszechne Towarzystwo Emerytalne PZU SA The Management Board of Globe Trade Center S.A. ("Company") hereby informs that on October 16, 2018, it received a notification from Powszechne Towarzystwo Emerytalne PZU SA (PTE PZU S.A.) acting on behalf of Otwarty Fundusz Emerytalny PZU "Zlota Jesien" (OFE PZU) that in connection with the completion on October 12 this year the liquidation of Pekao Otwarty Fundusz Emerytalny (Pekao OFE), resulting in the transfer of all assets of Pekao OFE to OFE PZU and PZU's contribution to all rights and obligations of Pekao OFE, the previously held share of OFE PZU in the total number of votes in Globe Trade Center S.A. (ISIN PLGTC0000037) increased on this day and exceeded the threshold of 10% of the total number of votes. The number of shares and votes held by OFE PZU in the Company immediately before the liquidation of Pekao OFE and after its completion is presented in the following table: Number of shares Percentage share Number of votes Percentage share held in capital held in number of votes held Before the 47 922 603 9.91 47 922 603 9.91 liquidation After the 50 985 513 10.54 50 985 513 10.54 completion of the liquidation Legal basis: Art. 70 point 1 of the Polish Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies of 29 July 2005 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: 16/10/2018 05:00:00 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.