EPP N.V. - Completion of tranche 3 of the Metro portfolio

Completion of tranche 3 of the Metro portfolio

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


COMPLETION OF TRANCHE 3 OF THE METRO PORTFOLIO


Shareholders are referred to the announcements released on SENS and published on the Luxembourg Stock Exchange on:
-     4 December 2017 wherein shareholders were advised that EPP would acquire 12 shopping centres consisting of
      8 Metro branded shopping centres and 4 Power Parks, with the third tranche of properties (comprising 4 Power Parks
      situated in Olsztyn, Tychy, Kielce and Opole, with a total GLA of 110 000 m2) (“tranche 3 of the Metro portfolio”)
      contractually set to be acquired in June 2020; and
-     20 October 2020 wherein shareholders were advised that the closing of the purchase of tranche 3 of the Metro
      portfolio was extended until June 2021 and that the purchase price for tranche 3 of the Metro Portfolio was reduced
      to €106 million.

The conditions precedent for the purchase of tranche 3 of the Metro portfolio have now been fulfilled and the acquisition
of tranche 3 of the Metro portfolio completed on 11 March 2021. The acquisition has been funded from available cash
reserves and new debt funding of EUR 45 million (project LTV of 42.5%).

12 March 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: 12-03-2021 08:30:00
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