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EPP N.V. - Reopening of shopping centres in Poland

Release Date: 01/02/2021 13:30
Code(s): EPP     PDF:  
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Reopening of shopping centres in Poland

EPP N.V.
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
LEI code: 7245003P7O9N5BN8C098
(“EPP” or “the company”)


REOPENING OF SHOPPING CENTRES IN POLAND


Shareholders are advised that on 29 January 2021 the Polish government signed a decree which allows shopping centres to
reopen on 1 February 2021. Therefore, from 1 February 89% of EPP’s retail portfolio in terms of GLA will be able to
operate again. However, restrictions remain applicable to restaurants which can only operate on a take-away and delivery
basis, while cinemas, fitness and entertainment facilities will remain closed.

COVID-19 case numbers in Poland have been steadily declining since their peak at the end of November 2020 and as of
today it has one of the lowest 14-day COVID-19 case notification rates per 100,000 inhabitants when compared to its
neighbouring countries and the European Union. Due to the stable pandemic situation and relatively low infection rates in
the country, Poland is one of the few countries in the region that has decided to ease restrictions, starting with the
relaunching of wider shopping centre operations as well as opening museums and art exhibitions. Importantly, Poland’s
Health Minister confirmed that he is satisfied with the sanitary measures taken at shopping centres and considers the risk
of disease transmission at retail destinations to be low.

The reopening of shopping centres is crucial for the entire retail industry to kick start sales growth. Shopping centres 
remain the most favoured places to shop for Poles and EPP is ready to safely welcome back all its customers and tenants.

1 February 2021


JSE Sponsor
Java Capital

Luxembourg Stock Exchange Listing Agent
Harneys Luxembourg

For more information:
Curwin Rittles, Investor Relations, EPP
Mobile: +48 885 982 310
Curwin.rittles@epp-poland.com

Java Capital, JSE Sponsor
Phone: +27 11 722 3050

Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent
Phone: +352 27 86 71 02

Singular Systems IR
Michèle Mackey
+27 (0)10 003 0700/+27 (0)82 497 9827
michele@singular.co.za

Date: 01-02-2021 01:30:00
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