PRESS RELEASE

SSI Technologies expanding its production facilities in

Přestanov

Prague, 10th December 2020: VGP handed over to SSI Technologies a build-to-suit warehouse and production facilities that have been built according to the company's needs and to expand their existing plant in VGP Park Ústí nad Labem, municipality of Přestanov.

SSI Technologies had an existing lease agreement for a 6,080 m2 manufacturing hall, which has now been extended by an additional 4,800 m2.

SSI Technologies, part of the Amphenol Corporation, one of the largest manufacturers of interconnect products in the world, is a high-tech manufacturing company focusing on production of high-quality ultrasonic sensors for the automotive industry and selling its products worldwide. The company uses the latest high-tech manufacturing technologies into which it has already invested nearly CZK 600 million. These advanced production technologies provide the basis for the high quality of its final products.

The Czech-American corporate environment and complex production processes ensure the Přestanov plant's strong attractiveness within the region. Since start-up, SSI Technologies has been among the most popular employers in the region of Ústí nad Labem. The plant currently employs about 350 people. With the expansion of production facilities, another 150-200 people will find their jobs there, mainly in manufacturing positions, in quality, engineering, and in other qualified professions.

CONTACT DETAILS FOR MEDIA ENQUIRIES

Karen Huybrechts

Tel: +32 (0)479 96 04 73

Head of Marketing VGP

Petra Vanclova

Tel: +42 0 602 262 107

(External Communications)

ABOUT SSI TECHNOLOGIES

SSI Technologies LLC, today a part of the Amphenol Corporation, which is one of the largest manufacturers of interconnect products in the world, is an American manufacturing company established in 1982 and based in Janesville, Wisconsin. SSI Technologies LLC is focused on production of the highest-quality and most reliable magnetic sensors, pressure and level sensors, digital pressure gauges and digital level gauges for the automotive and industrial market. The company sells its products all over the world.

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In 2015, SSI Technologies opened its first production facility outside the United States of America in Přestanov. VGP Park Ústí nad Labem was chosen by the company because of the location 's accessibility and its connection to the main transport corridors and airports.

ABOUT VGP

VGP is a pan-European developer, manager and owner of high -quality logistics and semi -industrial real estate. VGP operates a fully integrated business model with capabilities and longstanding expertise across the value chain. The company has a development land bank (owned or committed) of

7.48 million m² and the strategic focus is on the development of business parks. Founded in 1998 as a family-owned real estate developer in the Czech Republic, VGP with a staff of over 230 employees today owns and operates assets in 12 European countries directly and through its joint ventures VGP European Logistics, VGP European Logistics 2 and VGP Park München. As of June 2020, the Gross

Asset Value of VGP, including the joint ventures at 100%, amounted to €3.23 billion and the company had a Net Asset Value (EPRA NAV) of €1,079 million. VGP is listed on Euronext Brussels and on the

Prague Stock Exchange (ISIN: BE0003878957).

For more information, please visit: http://www.vgpparks.eu

VGP NV | Sp inne rij s tra a t 1 2 , B -9 2 4 0 Ze le , Be lg ium

Te l . : +3 2 5 2 4 5 4 3 8 6 | Fa x +3 2 5 2 4 5 4 3 8 7 | www . vg p p a rks . e u

RP R De nd e rm o nd e | BTW BE 0 8 8 7 . 2 1 6 . 0 4 2 | KBC I BAN BE9 1 7 3 3 0 3 9 9 2 0 1 7 6 | BI C KREDBEBB

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VGP NV published this content on 10 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2020 07:34:01 UTC