GLOBE TRADE CENTRE S.A. - Conclusion of a loan facility agreement with J&T BANKA a.s

Conclusion of a loan facility agreement with J&T BANKA a.s

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)
("the Company" or "GTC")

Current report No.: 15/2025

Date: 19 June 2025

Title: Conclusion of a loan facility agreement with J&T BANKA a.s

The Management Board of Globe Trade Centre S.A. (the "Company" or "GTC") hereby
announces that on 18 June 2025, Centrum Swiatowida sp. z o.o. with its registered seat in
Warsaw ("Galeria Pólnocna"), a subsidiary of GTC, signed a loan facility agreement (the
"Facility Agreement") with J&T BANKA, a.s. with its registered seat in Prague ("J&T BANKA").

Under the terms of the Facility Agreement, Galeria Pólnocna will be granted a loan facility in the
amount of up to EUR 84,000,000 (the "Loan"). Galeria Pólnocna is required to pay interest based
on 3M EURIBOR plus an applicable margin. The Loan will mature 5 years from the date of the
Facility Agreement and will be repaid based on a 24-year amortisation repayment profile,
commencing one year after disbursement. The pro-forma average cost of debt of the Company
post the Loan will be 3.69%.

The Loan will be secured by standard security instruments for such facilities, including among
others: (i) a pledge on the shares of Galeria Pólnocna; (ii) a first-ranking mortgage over Galeria
Pólnocna's real property located in Warsaw; (iii) a pledge over Galeria Pólnocna's bank accounts;
(iv) a pledge over Galeria Pólnocna's enterprise; (v) an assignment of receivables, rights under
insurance policies.

The proceeds of the Loan will be used in part to enhance the Company's liquidity profile and in
part to finance the acquisition of remaining 10.1% stake in the German residential portfolio, as
referred to in current report no. 14/2025, which will also support the initiation of the Company's
disposal strategy in respect to this portfolio. The disbursement of the Loan under the above-
described Facility Agreement is subject to a number of standard conditions precedent. The terms
and conditions of the Facility Agreement are in line with the generally applied standards for this
type of agreement.

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:

/s/ Malgorzata Czaplicka                              /s/ Balázs Gosztonyi
President of the Management Board                     Management Board Member

Warsaw, Poland
Sponsor: Investec Bank Limited

Date: 19-06-2025 07:05:00
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