GLOBE TRADE CENTRE S.A. - Discontinuation of pursuit of the potential acquisition of a significant stake in Ultima Capital S.A.

Discontinuation of pursuit of the potential acquisition of a significant stake in Ultima Capital 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")


Discontinuation of pursuit of the potential acquisition of a significant stake in Ultima Capital S.A.

Current report number: 17/2023

Date: 16 November 2023

In reference to the current report no. 10/2023 dated 17 June 2023, the Management Board of Globe
Trade Centre S.A. (the "Company" or "GTC") hereby informs that upon comprehensive analysis, it has
resolved to discontinue the pursuit of the previously contemplated transactions aimed at the acquisition
by GTC of a significant part of the shares in Ultima Capital S.A.

Legal basis: Art. 17 (1) of the Regulation of the European Parliament and of the Council (EU) No.
596/2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the
European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC
and 2004/72/EC (inside information).

Signed by:

/s/ Gyula Nagy                                  /s/ Barbara Sikora
President of the Management Board               Member of the Management Board

Warsaw, Poland

Sponsor: Investec Bank Limited

Date: 16-11-2023 07:05:00
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