GLPR.L Regulatory News (GLPR)

For immediate release 21 September 2022

Global Ports Investments PLC

EGM Announcement

Global Ports Investments PLC ("Global Ports" or the "Company" and, together with its subsidiaries and joint ventures, the "Group") (LSE ticker: GLPR) announces that the Extraordinary General Meeting of the Members of Global Ports Investments Plc will be held at Omirou, 20, Agios Nikolaos, 3095, Limassol, Cyprus on 17 October 2022 at 10 am (Cyprus time), to consider and, if thought fit, pass the resolutions 1 to 6, being items of ordinary business as follows:

1. To set the number of the Company's directors to be 9.

2. To approve the resignation of Ms. Sonia Ajini from the Board of Directors of Global Ports Investments PLC as of 17 October 2022.

3. To approve the resignation of Ms. Alexandra Fomenko from the Board of Directors of Global Ports Investments PLC as of 17 October 2022.

4. To elect Mr. Sergey Bulgakov as a director of the Company, to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2023, with no remuneration.

5. To elect Mr. Alexander Iodchin as a director of the Company, to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2023, with no remuneration.

6. To elect Ms. Olga Kirdey as a director of the Company, to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2023, with no remuneration.

Further information on the proposed Directors

Mr. Sergey Bulgakov

Legal Expert in international and Russian law with more than 20 years of broad experience and strong domain expertise in the leading legal support services and corporate governance in oil & gas, logistics businesses as well as in several international mega-projects.

Mr. Bulgakov was appointed as Director of Legal and Corporate Affairs of Rusatom Cargo LLC, a subsidiary of ROSATOM, state atomic energy corporation, Russia in April 2020. In 2010-2020 he served as Deputy Managing Director, Legal Affairs in Gazprom Neft Business Service B.V., a subsidiary of Gazprom Neft PJSC. Before that he held the associate position in Baker McKenzie, international law firm.

Mr. Bulgakov graduated from Moscow State Law Academy, University of Foreign Languages. He also took part in various training programmes, including Gazprom Neft, FivePlus Corporate Program for Executives and Gazprom Neft, TEAM - 2020 Program in Stockholm Economic School in Russia.

Mr. Alexander Iodchin

Mr. Iodchin was appointed Chief Strategy and Business Development Officer of Global Ports in October 2020.

He first joined Global Ports in 2008, serving as an executive member of the Board of Directors of the Company from 2008 to 2019 as well as holding the position of Secretary of the Board of Directors of Global Ports Investments PLC since 2008. Mr. Iodchin currently also serves as the Chairman of the Board of Directors First Container Terminal Inc and JSC Ust-Luga Container Terminal, and as a Board member of Global Ports (Finance) Plc and other companies of the Group, as well as the General Manager of Global Ports Investments PLC. Mr. Iodchin is responsible for development and implementation of the Group Strategy, business development projects as well as relations with the joint-venture partners. Mr. Iodchin is also responsible for corporate governance matters and supervises the activities of holding and finance companies within the Group. He has taken an active role in all major financing and M&A transactions of the Group during his tenure.

Mr. Iodchin obtained both a Master's degree and a PhD in Economics from Moscow State University. He also completed a postgraduate programme at the Moscow Institute for Economics and Linguistics and has a diploma in international finance, reporting standards and corporate finance.

Ms. Olga Kirdey

Project Governance Leader with more than 15 years of experience and domain expertise in international business development and management (Middle East, Asia, Europe) with a focus on sustainability and digital transformation. Experienced in developing strategies and guiding international projects to ensure better digital connectivity and sustainability of major industries (logistics, oil and gas) and global trade.

Ms. Olga Kirdey is the 1st Deputy CEO, International Business, Sustainability and Digital Transformation of Rusatom Cargo. Prior to this, she served as and Director of BOO-project office "Hanhikivi-1" in Rusatom Energy International, Head of International Relations and Head of International Projects Appraisal and Development in Gazprom Neft from 2009 to 2019. She previously held director roles in Urals Energy and JSC Verkhnechonskneftegaz.

Ms. Kirdey began her career in 1999 at the major supplier of petroleum products in the Eastern Siberia, Russia (JSC Irkutsknefteprodukt, subsidiary of Rosneft oil company).

Ms. Kirdey graduated with distinction from Irkutsk State University, Siberian-American School of Management. In 2020 she obtained bachelor's degree of Science in Business Management in University of Maryland University College, USA. She also has an international certificate of Project Management Professional since December 2006.

ENQUIRIES

NOTES TO EDITORS

Global Ports Investments PLC is the leading operator of container terminals in the Russian market in terms of 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 the first half of 2022 was USD 271.6 million and Adjusted EBITDA was USD 145.6 million. Consolidated Marine Container Throughput was 611 thousand TEUs in the first half of 2022.

Global Ports' major shareholder is Delo Group, the largest intermodal container and port operator in Russia[6] (61.5%). 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.