GLPR.L Regulatory News (GLPR)

For immediate release 16 April 2020

Global Ports Investments PLC

Results of Annual General Meeting of members

Global Ports Investments PLC ("Global Ports" or the "Company" and, together with its wholly-owned subsidiaries and joint ventures, the "Group") (LSE ticker: GLPR) today announces that the Company held its Annual General Meeting of the Members (AGM) under the chairmanship of Mr. Artemis Thomaides.

The AGM adopted the following resolutions, being items of ordinary business as follows:

1. To receive and consider and, if thought fit, adopt the statutory audited parent company and consolidated financial statements of the Company for the financial year ended 31 December 2019, together with the management reports and independent auditor's reports.

2. To re-appoint PricewaterhouseCoopers Limited as auditors of the Company, to hold office until the conclusion of the next annual general meeting at which the accounts will be laid before the Company and to authorise the Board of Directors to determine the remuneration of the auditors.

3. To re-elect Ms. Britta Dalunde as a director of the Company for a period of one year with no changes in the level of her remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

4. To re-elect Mr. Morten Engelstoft as a director of the Company for a period of one year with no changes in the level of his remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

5. To re-elect Ms. Alexandra Fomenko as a director of the Company for a period of one year with no changes in the level of her remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

6. To re-elect Mr. Soren Jakobsen as a director of the Company for a period of one year with no changes in the level of his remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

7. To re-elect Mr. Shavkat Kary-Niyazov as a director of the Company for a period of one year with no changes in the level of his remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

8. To re-elect Mr. Demos Katsis as a director of the Company for a period of one year with no changes in the level of his remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

9. To re-elect Ms. Inna Kuznetsova as a director of the Company for a period of one year with no changes in the level of her remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

10. To re-elect Mr. Lampros Papadopoulos as a director of the Company for a period of one year with no changes in the level of his remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

11. To re-elect Mr. Mogens Petersen as a director of the Company for a period of one year with no changes in the level of his remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

12. To re-elect Mr. Sergey N. Shishkarev as a director of the Company for a period of one year with no changes in the level of his remuneration for the fulfilment of the Company's director's duties; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

13. To elect Mr. Andrei Yaschenko as a director of the Company for a period of one year with no remuneration; to hold such office until the conclusion of the annual general meeting of the Members of the Company to be held in 2021.

The AGM was held at BG WAYWIN PLAZA, Office 302, 62 Agiou Athanasiou Avenue, 4102, Limassol, Cyprus on 16 April 2020 at 08.00am (Cyprus time), and had a quorum with 422,713,415 ordinary shares of the Company, which constitutes 100% of the issued share capital of the Company entitled to participate in this meeting and vote on the matters of the agenda.

Brief biography of Andrei Yaschenko

Mr. Yashchenko serves as the Senior Vice President, Strategy and Finance of Delo Group.

Mr. Yashchenko joined Delo Group in 2018. He worked as CEO of the Management Company "Delo" in 2018 - 2019. In January 2020, he was appointed the Senior Vice President, Strategy and Finance at Delo Group.

From 2013 to 2018, Mr. Yashchenko held the position of the Chief Financial Officer in En+ Group, the leading global vertically integrated producer of aluminum and power. Prior to that, from 2011 to 2012 he was the First Vice President and CFO at Russian Platinum.

From 2006 to 2010 he held the positions of Deputy CFO and Corporate Finance Director at Basic Element after managing a role as Capital Markets Director at Rusal from 2000 to 2006.

Earlier in his career Mr. Yashchenko held various corporate finance and strategic development positions at the Tyumen Oil Company, worked as an auditor at Deloitte, and then as an investment analyst in MC Securities and Montes Auri. He has wide experience of corporate activity including the arranging equity and debt financing in international and Russian markets, developing of financial strategy and optimizing capital structure as well as participation in international acquisitions, corporate restructuring and development of holding structures.

Mr. Yashchenko graduated from the Moscow State University with a degree in Economics with honours. He is also a CFA charterholder and a member of the CFA Institute

ENQUIRIES

NOTES TO EDITORS

Global Ports Investments PLC

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 trade 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 2019 was USD 361.9 million, and Adjusted EBITDA was USD 226.9 million. Consolidated Marine Container Throughput was 1,439 thousand TEU in 2019.

Global Ports' major shareholders are Delo Group, one of the largest private transportation and logistics holding companies in Russia (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 global terminal network of 78 operating port facilities, giving the company a global presence in 58 countries. 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.