Plaza Centers N : Presentation to Bondholders meeting (11.10.2023)

DISCLAIMER

The information detailed in this presentation is subject to the general reservations and the risk factors detailed herein.

• This presentation does not constitute a proposal and/or an offer and/or invitation by or on behalf of Plaza Centers N.V. (the "Company") and/or any of its affiliates to acquire and/or to issue securities (including shares and notes).
• This presentation has been prepared to provide summary information to the relevant recipient, but it does not, however, purport to present all information regarding the Company (material or otherwise), and it is not a substitute for a thorough due diligence investigation. In particular, the Company makes no warranty, representation assurance, or inducement, express or implied, as to adequacy, sufficiency, or freedom from defect of any kind, of the information contained herein. This information might not be contained in the financial or other statements issued by the Company as published or that its manner of presentation in this presentation is different than the manner in which this information is included in the aforesaid publications. This presentation includes a summary of the issues addressed therein, in the context at which they appear, and not the full information that the Company has on those matters. This presentation does not include the entire results and financial information of the Company and notes thereof, and/or the Company's business plans or a description of its entire activities, and it is not intended to supersede and/or replace the need to review reports and statements published by the Company in accordance with the provisions set forth by law, including the Company's statements and announcements issued by the Company (the "Reports" and/or the "Company's Reports"), and the full financial statements of the Company included therein. In any event of discrepancy between information and figures contained in this presentation and the information and figures contained in the Company's Reports and/or financial statements attached thereto, information and figures contained in the Company's Reports and/or financial statements shall be deemed as prevailing.
• This presentation includes estimations and forecasts of the Company in connection with the Company's debt restructuring and its implications on the Company's operations and its ability to repay its debt towards its creditors. Such estimations and forecasts are based on information existing in the Company as of the date of this presentation. The said estimations and forecasts may not be fulfilled, wholly or partially, or may be fulfilled differently from expected by the Company, including significantly so, as a result of changes in the assumptions that formed the basis for such estimations and forecasts, including among other things failure of the Company to successfully implement the debt restructuring, non-recovery of the markets in which the Company operates, difficulties in obtaining financing for the Company's operations and the fulfillment of any or all of the risk factors in the Company's consolidated financial statements as of December 31 for 2022 and in the Company's last prospectus.
• Information that is not a forward-looking information is correct as of the date of preparing this presentation. The Company is not obliged to update and/or make any amendments to this presentation after its publication.
• The Company is not obliged under any law or regulation to publish this presentation and/or the information included herein, therefore, the Company is not committed to publish similar presentations (in scope and/or content) in the future.
• This presentation is the property of the Company. You may not, without our express written consent copy (whether by printing off onto paper, storing on disk, downloading or in any other way), distribute (including distributing copies), publish, broadcast, reproduce, alter or tamper with in any way, or otherwise use any material contained in this presentation.

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Projected Cash Flows

1. The above cash flow is subject to the approval of the bondholders of both series to postpone the repayment of the remaining balance of the bonds which is due on January 1, 2024.
2. Payments of interests is subject to the approval of the bondholders of both series. Considering projected legal costs, G&A expenses till end of 3q2026 and following proceeding the Company received in 3q 2023 regarding a lawsuit against entities involved in the sale of U.S.A shopping centers in 2011, the Company's projection is to pay €0.2 million as payment of interests.
3. The cost includes projected costs for arbitrations / legal costs which are in the process of negotiations.
4. Total general and administrative expenses includes both costs of the Company and of the subsidiaries.

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