GLPR.L Regulatory News (GLPR)

For immediate release 14 March 2022

Global Ports Investments PLC

Changes to the Board of Directors

Global Ports Investments PLC ("Global Ports" or the "Company" and, together with its subsidiaries and joint ventures, the "Group") (LSE ticker: GLPR) today announces that Britta Dalunde has tendered her resignation from the Company's Board of Directors, effective from 23 March 2022 and Inna Kuznetsova informed the Company's Board of Directors that she will not stand for re-election at the next AGM to be held in 2022.

Mrs. Dalunde has served as Independent Non-Executive Director and Chairwoman of the Audit and Risk Committee since 2017. Mrs. Dalunde commented: I wish to express my gratitude towards the Board of Directors of the Company for giving me an opportunity to serve as Director and Chair the Audit and Risk Committee. I have appreciated working with the Company, the Board members and the executive team as well as the Internal Audit team.

Mrs. Kuznetsova has served as Independent Non-Executive Director, Chairwoman of the Nomination and Remuneration Committee and a member of the Audit and Risk Committee since 2018. Mrs. Kuznetsova commented: It has been a privilege and honor serving on Global Ports Board and supporting the executive team. I am proud of the progress that we have made in all aspects of ESG and business growth achieved during this time.

Soren Sjostrand Jakobsen, Chairman of the Board of Directors commented

On behalf of the Board of Directors we would like to express our sincere gratitude to Britta and Inna for all their very valuable contributions throughout the years. Their dedication and experience have greatly contributed to Company development both as a business and a public company.

The Group commenced the process of search of independent candidates to the Board and will update on progress in a due course.

ENQUIRIES

NOTES TO EDITORS

Global Ports Investments PLC is the leading operator of container terminals in the Russian market by capacity and container throughput.[1]

Global Ports' terminals are located in the Baltic and Far East Basins, key regions for foreign Russian trade and transit cargo flows. Global Ports operates five container terminals in Russia (Petrolesport, First Container Terminal, Ust-Luga Container Terminal[2] and Moby Dik[3] in the Russian Baltics, and Vostochnaya Stevedoring Company in the Russian Far East) and two container terminals in Finland[4] (Multi-Link Terminals in Helsinki and Kotka). Global Ports also owns inland container terminal Yanino Logistics Park[5] located in the vicinity of St. Petersburg.

Global Ports' revenue for 2021 was USD 502.8 million and Adjusted EBITDA was USD 246.2 million. Consolidated Marine Container Throughput was 1,576 thousand TEUs in 2021.

Global Ports' major shareholders are Delo Group, the largest intermodal container and port operator in Russia[6] (30.75%), and APM Terminals B.V. (30.75%), whose core expertise is the design, construction, management and operation of ports, terminals and inland services. APM Terminals operate a terminal network of 75 terminals globally. 20.5% of Global Ports shares are traded in the form of global depositary receipts listed on the Main Market of the London Stock Exchange (LSE ticker: GLPR).

For more information please see: www.globalports.com

LEGAL DISCLAIMER

Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of Global Ports. You can identify forward-looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "will", "could," "may" or "might" or the negative of such terms or other similar expressions. Any forward-looking statement is based on information available to Global Ports as of the date of the statement and, other than in accordance with its legal or regulatory obligations, Global Ports does not intend or undertake to update or revise these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Forward-looking statements involve known and unknown risks and Global Ports wishes to caution you that these statements are only predictions and that actual events or results may differ materially from what is expressed or implied by these statements. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Global Ports, including, among others, general political and economic conditions, the competitive environment, risks associated with operating in Russia and market change in the industries Global Ports operates in, as well as many other risks related to Global Ports and its operations. All written or oral forward-looking statements attributable to Global Ports are qualified by this caution.