Asturias Retail and Leisure SOCIMI S A : Resolutions adopted today by the Sole Shareholder of the company.

Madrid, 10 February 2020

Asturias Retail & Leisure S.A. (the "Company", and formerly Asturias Retail and Leisure SOCIMI, S.A.) publicly announces the following in accordance with Article 17 of Regulation (EU) No 596/2014 on market abuse, Article 228 of the Spanish Securities Market Act (Ley del Mercado de Valores), as recast by Legislative Royal Decree 4/2015 of 23 October 2015, and related provisions, as well as Spanish alternative investment market (Mercado Alternativo Bursátil, MAB) Circular 6/2018.

Important Notice

The Company's sole shareholder, the Luxembourg company Parque Principado, S.à r.l., has today made the following decisions:

• To net the item "Prior years' losses", which totals €12,703,649, as stated in the Company's balance sheet, from the item "Share premium account", which currently totals €36,528,243.
• To distribute a dividend out of the profits for the year ended 31 December 2019 in the amount of €1,098,000, corresponding to a gross dividend of €0.21960000 per share, to be paid as follows:

Declaration date (last trading date)	10 February 2020
Ex-date	11 February 2020
Record date	12 February 2020
Dividend payment date	13 February 2020
Gross dividend per share (€/share)	€0.21960000
Net dividend per share (€/share)	€0.17787600

The paying agent appointed by the Company is Renta 4 Banco, S.A. and payment will be made by the means that Iberclear makes available to its participants.

• To distribute a dividend out of the profits for the year ended 31 December 2020 in the amount of €124,781,000, corresponding to a gross dividend of €24.95620000 per share, to be paid as follows:

Declaration date (last trading date)	10 February 2020
Ex-date	11 February 2020
Record date	12 February 2020

Dividend payment date	13 February 2020
Gross dividend per share (€/share)	€24.95620000
Net dividend per share (€/share)	€20.21452200

The paying agent appointed by the Company is Renta 4 Banco, S.A. and payment will be made by the means that Iberclear makes available to its participants.

• To distribute an extraordinary dividend out of the Company's share premium account in the amount of €21,253,000, corresponding to a gross dividend of €4.25060000 per share, to be paid as follows:

Declaration date (last trading date)	10 February 2020
Ex-date	11 February 2020
Record date	12 February 2020
Dividend payment date	13 February 2020
Gross dividend per share (€/share)	€4.25060000
Net dividend per share (€/share)	€3.442986000

The paying agent appointed by the Company is Renta 4 Banco, S.A. and payment will be made by the means that Iberclear makes available to its participants.

We remain at your disposal for any clarification needed.

Mr Martin Richard Breeden

Chairman of the board of directors

ASTURIAS RETAIL AND LEISURE, S.A.