Grand City Properties S A : Voting Results Annual General Meeting 2022

Grand City Properties S.A.

société anonyme

40, Rue du Curé

L-1368 Luxembourg

R.C.S. Luxembourg: B 165560

(the "Company")

VOTING RESULTS OF THE ANNUAL GENERAL MEETING HELD ON

29 JUNE 2022

Number of shares represented at the Annual General Meeting: 132,990,695 shares, reflecting 75.48% of the total issued capital as of the relevant record date on 15 June 2022 at midnight (24:00) (CEST) (the "Record Date").

Number of shares at the Record Date not represented at the Annual General Meeting as a result of attached voting rights suspended by Luxembourg law: 11,225,841 shares, reflecting 6.37% of the total issued capital.

	Agenda				Total number of votes		Vote		Vote		Abstentions:
					in favor:
	item No				validly cast:			against:
		Presentation of the management report of the
		Board of Directors in respect of the statutory				NO VOTE REQUIRED
1	financial statements of the Company and	the
		consolidated financial statements of the Company
		and its group for the financial year ended on 31
		December 2021.
		Presentation of the reports of the independent
		auditor of the Company in respect of the statutory				NO VOTE REQUIRED
2	financial statements of the Company and	the
		consolidated financial statements of the Company
		and its group for the financial year ended on 31
		December 2021.
		The General Meeting, after having reviewed the
		management report of the Board of Directors and
3	the report of the independent auditor of	the	132,990,695	132,857,520	74,109	59,066
		Company, approves the statutory financial
		statements of the Company for the financial year
		ended on 31 December 2021 in their entirety.
		The General Meeting, after having reviewed the
		management report of the Board of Directors and
4	the report of the independent auditor of	the	132,990,695	132,857,520	74,109	59,066
Company, approves the consolidated financial
		statements of the Company and its group for the
		financial year ended on 31 December 2021 in their
		entirety.
		The General Meeting notes and acknowledges
5	the statutory net profit of the Company in	the	132,990,695	132,990,695	0	0
amount of EUR 9,126,907 for the financial year
		ended on 31 December 2021 and resolves to
		carry it forward to the next financial year.

	Agenda			Total number of votes		Vote		Vote		Abstentions:
				in favor:
	item No			validly cast:			against:
		The General Meeting resolves to grant discharge
6	to each of the members of the Board of Directors	132,990,695	122,701,700	10,219,169	69,826
		in respect of the performance of their duties during
		the financial year ended on 31 December 2021.
		The General Meeting resolves to renew the
		mandate of KPMG Luxembourg SA, société
		anonyme, having its registered office at 39,
		avenue John F. Kennedy, L-1855 Luxembourg,
		Grand Duchy of Luxembourg, registered with the
		RCSL under number B149133, as independent
		auditor of the Company in relation to the statutory
7	financial statements of the Company and the	132,990,695	132,827,512	163,183	0
		consolidated financial statements of the Company
		and its group for a term which will expire at the
		end of the annual general meeting of the
		shareholders of the Company called to approve
		the statutory financial statements of the Company
		and the consolidated financial statements of the
		Company and its group for the financial year
		ending on 31 December 2022.
		The General Meeting, upon the proposal of the
		Board of Directors, resolves to approve the
		distribution of a dividend from the share premium
8	account of the Company relating to the financial	132,990,695	132,842,521	148,174	0
		year ended on 31 December 2021 in the amount
		of EUR 0.8340 (gross) per share for the holders of
		record in the security settlement systems on 1 July
		2022.

	Agenda			Total number of votes		Vote		Vote		Abstentions:
				in favor:
	item No			validly cast:			against:

	The General Meeting approves on an advisory
9	non-binding basis the remuneration report of the	132,990,695	99,221,251	33,352,123	417,321
Company for the financial year ended on 31
	December 2021 in its entirety.