Re-opening of Kyiv Shopping Centres

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

29 April 2021

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Re-opening of Kyiv Shopping Centres

Further to the announcement dated 9 April 2021, Arricano announces that the restrictions regarding customer access to Kyiv retail shopping centres, will expire on 1 May 2021. As a result, Arricano's Prospekt and Rayon shopping centres will start trading normally.

However, in Arricano's City Mall centre, which is located in Zaporizhzhia, all outlets, apart from hypermarkets, pharmacies and some other essential stores, remain closed until further notice.

A further announcement will be made when City Mall is allowed to re‐open fully.

Enquiries:

Arricano Real Estate plc

Tel: +357 25 582 535

Ganna Chubotina

Nominated Adviser and Broker:

WH Ireland Limited Chris Fielding Tel: +44 (0)20 7220 1666

Financial PR:

Novella Communications Limited Tim Robertson/ Fergus Young

Tel: +44 (0)20 3151 7008