THE BOARD OF DIRECTORS OF

PRODEA REAL ESTATE INVESTMENT COMPANY SOCIÉTE ANONYME EXTENDS ITS GRATITUDE

to investors, for their response to the recent Public Offer for the admission of the Bonds of the company "Prodea Real Estate Investment Company Sociéte Anonyme" (hereinafter the "Company" or the "Issuer") to trading in the category of Fixed Income Securities of the Regulated Market of the Athens Exchange (hereinafter the "ATHEX").

We would also like to commend,

THE JOINT COORDINATORS AND BOOKRUNNERS

THE LEAD UNDERWRITERS

AND THE ISSUE ADVISORS

as well as "PricewaterhouseCoopers Auditing Company S.A." and "Papapolitis & Parapolitis Law Firm", which acted on behalf of the Issue Advisors and the Joint Coordinators and Bookrunners, and «Karatzas and Partners Law Firm», which acted on behalf the Company.

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The Board of Directors of the Issuer announces that the proceeds of the Public Offer from the issue of the Common Bond Loan (the "Issue") amount to €300 million. The total expenses relating to the issue are estimated at approximately €8 mil. (including VAT) and will be deducted from the total proceeds.

Total net proceeds of the Bond Issue will be used, in order of priority, as follows:

  1. €56 mil. will be used, within 30 days from the Issuance Date, for the total repayment of the 20.02.2018 syndicated bond loan of the Issuer with an outstanding amount of €56 mil. as of the
    Prospectus Date (09.07.2021). This repayment relates to the investment for the Karela property which has been developed based on the principles of sustainable development and is LEED certified. In case the paid amount for the loan's total repayment is less than the above, the allocated amount for use under No (2) will increase accordingly.
  2. the remaining amount of €236 mil. will be used up to 31.12.2024 for Green Investments1 including debt repayment related exclusively to such Green Investments that are outstanding at the time of their completion.

The proceeds of the Issue, up until their full use, will be invested in short-termlow-risk placements, as, indicatively, time deposits.

The Company will inform the management of ATHEX and the Hellenic Capital Market Commission pursuant to applicable regulation, regarding the use of the proceeds raised from the Issue until their full and final disbursement, in accordance with the provisions of the Prospectus. Investors will be informed about the disbursement of the proceeds through the ATHEX website, the Company's website, as well as the ATHEX Daily Statistical Bulletin.

The Company will disclose any inside information relating to the disbursement of the proceeds under the CBL according to the provisions of Regulation (EU) 596/2014, pertinent decisions by the HCMC BoD and the European Commission's Delegated Regulations, as currently applicable.

On 07.07.2021, ATHEX concluded that the relevant conditions for the admission of the Bonds to trading in the category of Fixed Income Securities of the Regulated Market of ATHEX were met and on 09.07.2021 approved the admission to trading of the Bonds in the category of Fixed Income Securities of the Regulated Market of ATHEX, subject to the successful completion of the Public Offer of the Bonds.

The Issuer informs that the Bonds are in a dematerialized form and will be credited in the Share and Securities Account held by beneficiaries with the Dematerialized Securities System, based on the data provided in their Subscription Statement. The final registration of the Bonds to the Securities Accounts of the bondholders with the Dematerialized Securities System will be completed on 20.07.2021.

ON 21 JULY 2021

THE TRADING OF THE 300,000 BONDS

COMMENCES IN THE CATEGORY OF FIXED INCOME SECURITIES OF THE REGULATED

MARKET OF THE ATHENS EXCHANGE

1 Green Investments: Any investment of the Company and/or the Group related to the acquisition, management and operation of real estate properties and/or participations (according to art. 22 of law 2278/1999 as in force), concluded within the Green Bond Framework.

2

The ticker symbol of the Bond is "ΠΡΟΝΤΕΑΟ1" in Greek and "PRODEAB1" in latin font. The starting trading price of the Company's Bonds is €1,000 per Bond, i.e. 100% of the nominal value.

Athens, 20 July 2021

Prodea Real Estate Investment Company Sociéte Anonyme

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Prontea Ependyseon Se Akiniti Periousia AE published this content on 20 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2021 16:07:05 UTC.