VBARE Iberian Properties SOCIMI S A : Extraordinary General Shareholders Meeting Call August 29, 2023

THIS IS A FREE TRANSLATION OF THE ORIGINAL DOCUMENT ISSUED IN SPANISH LANGUAGE. ENGLISH TRANSLATION IS FOR INFORMATION PURPOSES ONLY - SPANISH DOCUMENT PREVAILS

VBARE IBERIAN PROPERTIES SOCIMI, S.A.

EXTRAORDINARY GENERAL SHAREHOLDERS' MEETING

The Board of Directors of VBARE IBERIAN PROPERTIES SOCIMI, S.A. (the "Company"), has resolved to call the Company´s shareholders to the Extraordinary General Shareholders' Meeting to be held at its registered office, located in Madrid at calle General Castaños number 11, 1º floor left (28004), on 29th August 2023, at 12:00 CET, at the registered office of the Company on first (1st) call, and, if necessary quorum is not obtained, at the same place and time on 30th August 2023 on second (2nd) call,according to the following:

AGENDA

First.- Approval of the acquisition of 50% of the share capital of VBA REAL ESTATE ASSET MANAGEMENT 3000, S.L.

Second.- Approval of the resolution of the Management Agreement signed with VBA REAL ESTATE ASSET MANAGEMENT 3000, S.L., in accordance with its terms.

Third.- Approval of the waiver of claims against VBA REAL ESTATE ASSET MANAGEMENT 3000, S.L., as well as its directors, executives, employees and partners.

Fourth.- Acknowledgement of the resignations tendered by the directors Mr. Ido Neuberger, Mr. Fernando Acuña, Mr. Juan Manuel Soldado, Mr. Juan José Nieto and Mr. Yeshayau Manne.

1. Acknowledgement of the resignation of Mr. Ido Nouberger.
2. Acknowledgement of the resignation of Mr. Fernando Acuña.
3. Acknowledgement of the resignation of Mr. Juan Manuel Soldado.
4. Acknowledgement of the resignation of Mr. Juan José Nieto.
5. Acknowledgement of the resignation of Mr. Yeshayau Manne.

Fifth.- Appointment of new members of the Board.

1. Appointment of a new Board member.
2. Appointment of a new Board member.

Sixth.- Remuneration of the members Board of Directors:

1. Approval of the aggregate remuneration of the Board of Directors.
2. Approval of an annual remuneration of 100,000 euros for the services of Mr. Yair Ephrati in his capacity as Chairman of the Board of Directors.

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Seventh.- Granting of power of attorney to notarise and register, if appropriate, the foregoing resolutions.

Eighth.- Requests and questions.

Ninth.- Drafting, reading and approval, if appropriate, of the minutes of the meeting.

PARTICIPATION: ATTENDANCE, REPRESENTATION AND PROXIES

The General Shareholders' Meeting may be attended and participated in, with the right to speak and vote, by all holders of shares with voting rights who have them registered in the relevant register no later than 24 and 25 August 2023, depending on whether the Extraordinary General Meeting of Shareholders is held on first or second call, respectively.

Every shareholder meeting the right to attend the Extraordinary General Shareholders' Meeting may be represented by any other person, even if such person is not a shareholder of the Company.

Shareholders entitled to attend may grant a proxy or cast an absentee vote on proposals relating to items on the agenda of the call to meeting in writing by delivering the attendance, proxy and absentee voting card duly completed at the offices of the Company, by sending it to the Company by post (to the address calle General Castaños número 11, piso 1º letra izquierda (28004), or

electronically, with acknowledgement of receipt, to the e-mail address [e-mail].

Proxies and absentee votes cast by postal or electronic correspondence must, as a general rule, be received by the Company no later than 24:00 on 26 August 2023.

INFORMATION AND AVAILABLE DOCUMENTATION

In accordance with Article 197 of the Spanish Companies Act, from the date of publication of the notice of call to the seventh day prior to the date scheduled for the General Meeting, shareholders may request from the Board of Directors such information or clarifications as they deem appropriate regarding the items on the agenda, as well as ask such questions in writing as they may deem appropriate.

From the date of publication of this notice of call, shareholders are entitled to examine at the registered office and request the immediate delivery or dispatch, free of charge (which may be done by e-mail with acknowledgement of receipt if the shareholder accepts these means), of a copy of the proposed resolutions and the mandatory reports of the directors, as well as the remaining documentation that must necessarily be made available to them on the occasion of this Extraordinary General Meeting of Shareholders.

COMPLEMENT OF THE CALL

Shareholders representing at least five per cent of the share capital may request the publication of a supplement to the call to the General Shareholders' Meeting to include one or more items on the agenda. The exercise of this right must be made by means of reliable notification to the Company, which must be received at the registered office within five (5) days following the publication of this call.

Pursuant to article 197 of the Capital Companies Act, from the date of publication of the notice of call until the seventh (7th) day prior to the date scheduled for the Extraordinary General

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Meeting, shareholders may request from the Board of Directors such information or clarifications as they deem appropriate in relation to the items on the agenda, and may submit in writing such questions as they deem appropriate.

PERSONAL DATA PROTECTION

The personal data being provided by the shareholders (whenever they will be exercising the delegation, of their information rights, attendance representation or vote) will be treated by the Company in order to manage their shareholding relationship. For this purpose, the data will be included in a registered file for which the Company is responsible.

The titular of the date will have right to be granted access, rectification, opposition or cancelation of the data recorded by the Company. Such rights may be exercised according to the Law, by addressing a communication in writing to VBARE IBERIAN PROPERTIES SOCIMI, S.A. (registered office: calle General Castaños number 11, 1st floor left (28004).

In the event that, in the attendance, proxy and absentee voting card, the shareholder includes personal data relating to other individuals, such shareholder must inform them of the points contained in the preceding paragraphs and comply with any other requirements that may be applicable for the transfer of personal data to the Company, without the Company having to take any additional action.

Madrid, 28 July 2023.

Mr. Íñigo Sánchez del Campo Basagoiti

Secretary Non-Director of the Board of Directors.

VBARE IBERIAN PROPERTIES SOCIMI, S.A.

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