GLPR.L Regulatory News (GLPR)

For immediate release 29 June 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) today 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 29 July 2022 at 10 am (Cyprus time), to consider and, if thought fit, pass the resolutions 1 to 2, being items of ordinary business as follows:

1. To elect Ms. Sonja Ajini 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, and to fix the annual gross remuneration of Ms. Sonja Ajini for the fulfillment of the Company's director's duties at EUR67.500 p.a.

2. To elect Mr. Iosif Iosifakis 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, and to fix the annual gross remuneration of Mr. Iosif Iosifakis for the fulfillment of the Company's director's duties at EUR67.500 p.a.

Further information on the proposed Directors

Dr. Sonia Ajini

Dr. Sonia Ajini is a legal professional with 19 years of experience. She is a founder and Managing Director of Sonia Ajini & Co LLC, a law firm, and Ajilex Ltd, legal advisors and maritime consultants. On the basis of her professional background and experience she has handled, counseled and, delivered legal services on diverse cases including (inter alia) commercial, contract, corporate, banking, maritime/shipping, and financial aspects, successful debt collection and recovery, mergers and acquisitions, arbitrary dispute resolution and complex corporate restructuring and negotiation.

Sonia Ajini has served as a director on several boards of Cyprus registered companies. She graduated from University of Matej Bel, Slovakia where she received a Master's degree and Doctor of Law degree. In 2012 she also received a Master of law degree in Maritime law from London Metropolitan University.

Sonia Ajini is a Director and Vice-president of Cyprus-Slovak Business Association, Special Agent of the Liberian Maritime Registry in Cyprus, Associate Lecturer of Commercial and Shipping Law at University of Central Lancashire Cyprus and a member of Cyprus and Slovak Bar Associations.

Mr. Iosif Iosifakis

Iosif Iosifakis has over 27 years of professional experience. In the last 20 years, he has held managerial positions in strategic and financial analysis and planning, and retail operations within telecommunication industry.

From 2008 to 2021, Mr. Iosifakis worked for Cablenet Communication Systems PLC, an independent alternative telecommunications provider in Cyprus, offering broadband, fixed telephony, television and mobile services through its wholly owned cable infrastructure. Initially Iosif joint the company as Chief Financial and Operations Officer, and in 2018 was promoted to Deputy CEO.

During his early years, Mr. Iosifakis was also Chief Financial Officer for CNS Investments Group where he assumed a leading role in various real estate, farming, and hospitality projects. From 2000 to 2008 Iosif Iosifakis held senior executive positions and was a member of the boards of directors in Greek and Cyprus telecommunication companies. He started his career path in PwC, where he had several roles in Audit and Management consulting.

Iosif Iosifakis graduated from the Institute of Chartered Accountants in England and Wales and University of Sussex, UK. Furthermore, he is a member of the Institute of Directors of England. He also completed additional educational programs such as High Impact Leadership programs in University of Cambridge and Customer Loyalty (A Strategic Approach) from Northwestern University/Kellogg.

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.[7] (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.