PLAZA CENTERS N.V. - UPDATE REGARDING SUBMISSION OF A REQUEST FOR ARBITRATION AGAINST ROMANIA WITH RESPECT TO THE "CASA RADIO" PROJECT

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 6 / 2022

Date of issue: 2022-05-17

Short name of the issuer

PLAZA CENTERS N.V.

Subject

UPDATE REGARDING SUBMISSION OF A REQUEST FOR ARBITRATION AGAINST ROMANIA WITH RESPECT TO THE "CASA RADIO" PROJECT

Official market - legal basis

Unofficial market - legal basis

Contents of the report:

Further to its previous announcements dated January 14, 2022 and February 15, 2022, Plaza Centers N.V. ("Plaza" or the "Company") announces today that having already issued a Notice of Dispute and Acceptance of Offer and Consent to Arbitrate to Romania with respect to the “Casa Radio” project (the “Project”) on February 14, 2022, the Company submitted a Request for Arbitration against Romania with respect to the Project at the International Centre for Settlement of Investment Disputes on May 16, 2022. The Company seeks full compensation for its losses with respect to the Project, currently estimated to be up to EUR 262,200,000. Ends For further details, please contact: Plaza Ron Hadassi, Executive director; 972-526-076-236 Notes to Editors Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, and, on the Warsaw Stock Exchange (LSE: “PLAZ”, WSE: “PLZ/PLAZACNTR”) and, on the Tel Aviv Stock Exchange(”PLAZ”).

Annexes

File Description

Plaza_Pr_regarding_arbitration_casa_radio_project_isa.pdf

PLAZA CENTERS N.V.

(fullname of the issuer)

PLAZA CENTERS N.V. Budownictwo (bud)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

1012 AC Amsterdam

(post code) (city)

Pietersbergweg 283

(street) (number)

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2022-05-17 Ron Hadassi Executive director