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 4 / 2023

Date of issue: 2023-04-11

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 last announcements dated May 17, 2022, Plaza Centers N.V. ("Plaza" or the "Company") announces today that, having on May 16, 2022 issued a Request for Arbitration against Romania with respect to the “Casa Radio” project (the “Project”), on April 6, 2023 the Company filed its Memorial and supporting evidence at the International Centre for the Settlement of Investment Disputes, setting out its claims against Romania. The Company seeks full compensation for its losses with respect to the Project, currently estimated to be up to EUR 367,700,000 as at 31 March, 2023. 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_ submittion_of_Memorial_20230411.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

2023-04-11 Ron Hadassi Executive Director