„Our mission is to bring Company remarkable experiences Profile to people’s lives through our real estate solutions.“ Pavel Trenka, CEO Founded in Developer over 8 projects 460 of the year professionals in under construction 1993 2015 in 1.1 million in privately owned sq m of GLA leased 4 European 6 cities countries CEE Office space trendsetter in Central and Eastern Europe HB REAVIS HIGHLIGHTS

4 5 Net profit (€m) HY 2014 42.8 HY 2015 109.5

Total Assets (€m) 2014 1,806.1 the GROUP´S HY 2015 1,829.7

Performance Net Asset Value (adjusted, €m) 2014 963.7 HY 2015 1,024.0

Net Debt Leverage Ratio 2014 26.5 % HY 2015 28.4 %

Note: Data as of June 30, 2015

6 7 Asset management property portfolio under development

OWNED INCOME-PRODUCING ASSETS BY COUNTRY DEVELOPMENT PIPELINE BY COUNTRY MARKET VAULE MARKET VALUE 16 % 43 % 29 % 17 % POLAND 10 % €1,007m 5 % €3,821m CZECH REPUBLIC 9 % 35 % 36 % HUNGARY SLOVAKIA

OWNED INCOME-PRODUCING ASSETS BY SEGMENT MANAGED ASSETS DEVELOPMENT PIPELINE BY REALISATION STAGE DEVELOPMENT PIPELINE MARKET VALUE GLA MARKET VALUE UPON COMPLETION GLA

16 % 87 % OFFICE HB REAVIS CE REIF 3 % 18 % RETAIL PROJECTS UNDER 2 CONSTRUCTION 2 87 % €1,007m 68 % 643,881 m 16 % 82 % €3,821m 1,123k m 10 % HB REAVIS OFFICE rd PROJECTS IN LOGISTICS OWNED ASSET 3 PARTIES PREPARATION 13 % RETAIL Note: Data as of December, 2015

8 9 20 Farringdon m 2

o 8,000 m of GLA g d hb reavis united 33 Central 21,000 m2 of GLA kingdom u n ite d k i

y Budapest Budapest Central Budapest Central Váci Corner Central Towers gar Towers I-II Towers III Offices IV-VI 2 37,000 m2 of GLA 19,500 m2 of GLA 22,500 m of GLA 80,000 m2 of GLA H u n timeline hungary

Gdański Gdański Business Gdański Business Burakowska I Burakowska II Office Retail Logistics Business Center B Center C Center D 38,000 m2 of GLA 43,500 m2 of GLA 16,000 m2 of GLA 22,500 m2 of GLA 30,000 m2 of GLA Konstruktorska Business Center ola nd 2 P 49,500 m of GLA Gdański Postępu 14 West Station I West Station II Chmielna I Chmielna Tower Chmielna II Business Center A 2 2 2 2 2 2 Poland 32,000 m2 of GLA 34,500 m of GLA 30,500 m of GLA 38,000 m of GLA 29,500 m of GLA 68,500 m of GLA 44,000 m of GLA

Air Park Ostrava - Terminal A Czech republic 2 14,500 m of GLA

Logistics Center Lovosice Aupark Aupark River Garden River Garden Metronom 43,500 m2 of GLA Shopping Center Vinohradská 8 Shopping Center

ech republic Cz Office I Office II/III Business Center Hradec Králové 2 Brno I 2 26,000 m2 of GLA 2 24,000 m of GLA 19,000 m of GLA 34,000 m of GLA 23,000 m2 of GLA 31,500 m2 of GLA

Logistics Aupark Center Logistics Center Logistics Center Shopping Center - Rača Svätý Jur Prešov I-II Košice Slovakia I-II 31,500 m2 of GLA 16,500 m2 of GLA 33,500 m2 of GLA 69,500 m2 of GLA Aupark Aupark Shopping Center Shopping Center Aupark Shopping Center Žilina Bratislava I 25,500 m2 of GLA 42,500 m2 of GLA Bratislava II 2 Twin City - 2nd 15,500 m of GLA Twin City B Nivy Mall Bratislava Aupark Tower 2 phases 2 Aupark 23,500 m of GLA 2 63,000 m of GLA Business Center City Business Aupark Tower Shopping Center Košice 133,500 m of GLA k ia S lova III-IV Center I-II Bratislava 13,000 m2 of GLA 2 2 2 Piešťany 20,000 m of GLA 39,000 m of GLA 32,500 m of GLA 10,500 m2 of GLA Bratislava Apollo Apollo Business Forum Business Business Business City Business Forum Business Twin City A Twin City Tower Nivy Tower Center I Twin City C Center II Center I-II Center II Center III-V Center I 16,500 m2 of GLA 2 34,000 m2 of GLA 34,000 m2 of GLA 44,000 m2 of GLA 2 2 25,000 m of GLA 16,500 m2 of GLA 13,500 m2 of GLA 81,500 m2 of GLA 25,500 m of GLA 19,500 m of GLA

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 10 11 2013 m o a b l is hed e st g d

29,000m2 OF GLA under construction

23 employees

u n ite d k i Data as of January, 2016

12 13 21,000m2 of GLA 33 CE N TRAL

LONDON WALL

ALDGATE EAST

ST. PAUL’S BANK OF ALDGATE ENGLAND 30 ST MARY AXE ST. PAUL'S CATHEDRAL

BANK

GRACECHURCH STREET LLOYD’S London, 33 King William Street, QUEEN VICTORIA STREET CANNON STREET OF LONDON BLACKFRIARS CANNON STREET City of London UPPER THAMES STREET TOWER HILL MONUMENT BLACKFRIARS MILLENNIUM BRIDGE BRIDGE LOWER THAMES STREET SOUTHWARK Under construction BRIDGE TATE MODERN LONDON TOWER OF LONDON ST. KATHARINE KING WILLIAMBRIDGE STREET DOCKS

Delivery in 2017 TOWER LONDON BRIDGE BRIDGE John Robertson Architects THE SHARD

14 15 N STREET O G D

FARRINGDON

MOORGATE 2 HOLBORN CHANCERY LANE MUSEUM m OF LONDON LONDON WALL London,LIVERPOOL STREET 20 Farringdon Street, LONDON WALL 8,000 NEWGATE STREET FARRINGDON STREET HOUNDSDITCH

MOORGATE City of London

ALDGATE EAST ARRI N of GLA BEVIS MARKS ST. PAUL’S BANK OF ALDGATE ENGLAND 30 ST MARY AXE ST. PAUL'S CATHEDRAL ONE NEW CHANGE THEUnder ROYAL construction CITY THAMESLINK CANNON STREET EXCHANGE LEADENHALL STREET BANK KING WILLIAM STREET LLOYD’S QUEEN VICTORIA STREET CANNON STREET DeliveryOF LONDON in 2017 BLACKFRIARS CANNON STREET GRACECHURCH STREET FENCHURCH STREET FENCHURCH STREET EASTCHEAP UPPER THAMES STREET TOWER HILL DMONUMENTenton Corker Marshall BLACKFRIARS MILLENNIUM BRIDGE BRIDGE LOWER THAMES STREET 20 F SOUTHWARK BRIDGE

KING WILLIAM STREET 16 17 ST. KATHARINE TATE MODERN LONDON TOWER OF LONDON BRIDGE DOCKS D

A

O

R

E

G D BOROUGH S I O R BLACKFRIARS ROAD U TH B WA MARKET RK K STR R EET A TOWER W LONDON BRIDGE H BRIDGE T

U

O

S THE SHARD

BOROUGH HIGH STREET Poland 2 established 2008 154,500 m of GLA delivered

98,500 m2 OF GLA Under construction

223,500 m2 OF GLA in pipeline

108 employees Data as of January, 2016

18 19 a n ess C e ter usi B k tors

J

JNE Y UC

WOL ŻWIRKI I WIGURY Y RE EIUD UL.WORONICZA METRO WIERZBNO UL. H UL.KONSTRUKTORSKA YNKA

WARSZAWA SŁUŻEWIEC A METRO UL. M OS K WILANOWSKA ARYNARSK A UL.17 ST A C.H. 2 Y UL.WO Ł GALERIA Warsaw, Mokotów, CZNIA MOKOTÓW UL.WILANOWSK 49,500m A k n stru UL. C WSK YBERNE Business District TYKI UL.PUŁA of GLA

TRASA N-S

U L .R Delivered in 2013 Z Y UL. POSTĘPU M O W UL.BOKSERSK SK A IE GO AIRPORT

Ko Epstein

20 21 B A 16,000m2 32,000m2 of GLA of GLA

GdaŃski

WARSZAWA GDAŃSKA business center A/B

DWORZEC GDAŃSKI CENTRUM HANDLOWE OMIŃSKIEGO CENTRUM MEDYCZNE A SŁ ARKADIA ENEL-MED ZYGMUNT ODDZIAŁ ARKADIA A/B

A OW YPARK Warsaw, City Center fringe, Śródmieście UL. MIĘDZ

UL. BONIFRA Delivered in 2014 UL. POK

CENTRUM A MEDYCZNE ANCK ORNA TERSK ENEL-MED UL. INFL A E&L Architects/Benoy UL. ST AWKI UL. DZIK

UL. GENERAŁ A

AL. JANA P A

WŁ

ADY 22 A 23 WŁ SŁ

A II A W

A ANDERSA D 30,000m2 of GLA

C 22,500m2 of GLA GdaŃski

WARSZAWA business center C/D GDAŃSKA

DWORZEC GDAŃSKI CENTRUM Warsaw, City Center fringe, HANDLOWE OMIŃSKIEGO CENTRUM MEDYCZNE A SŁ ARKADIA ENEL-MED ZYGMUNT ODDZIAŁ ARKADIA Śródmieście A OW YPARK C/D UL. MIĘDZ Delivered in 2015

UL. BONIFRA UL. POK Under construction CENTRUM A MEDYCZNE ANCK ORNA TERSK ENEL-MED UL. INFL A UL. ST AWKI Delivery in 2016 UL. DZIK

UL. GENERAŁ A Hermanowicz Rewski Architects AL. JANA P A

WŁ

ADY A WŁ SŁ 24 25 A II A W

A ANDERSA 34,500m2 of GLA

J

JNE Y UC

WOL ŻWIRKI I WIGURY Y RE EIUD UL.WORONICZA

ę pu 14 ost METRO WIERZBNO UL. H UL.KONSTRUKTORSKA YNKA

WARSZAWA SŁUŻEWIEC A METRO UL. M OS K WILANOWSKA ARYNARSK C.H. A P UL.17 ST A Y UL.WO Ł GALERIA CZNIA MOKOTÓW UL.WILANOWSK

A

UL. C WSK Warsaw, Mokotów, YBERNE TYKI UL.PUŁA

Business District TRASA N-S

U L .R Z Y UL. POSTĘPU M O W UL.BOKSERSK S Delivered in 2015 A KI E GO AIRPORT Hermanowicz Rewski Architects

26 27 I 30,500m2 of GLA II 38,000m2 of GLA N I & II

PROSTA

RONDO ASPRZAKA DASZYŃSKIEGO K TO W ARO CZYSTE W A

AL. PRY

M

ASA

T Y SIĄ JOWA PLAC CLECIA KOLE ZAWISZY

KOSZYKOWA

Warsaw, Ochota District OLIMSKIE A AL. JEROZ DWORZEC YŃSK

ASZ Under construction ZACHODNI R PLAC NARUTOWICZA DWORZEC PKS KOPIŃSK Delivery in 2016 A WELSKA RONDO WA ZESŁAŃCÓW SYBERYJSKICH ŻWIRKI I Under construction ATRIUM REDUTA C.H. BLUE WIGUR FILTRY CITY BITWY WARSZ A Y A Delivery in 2017 WSKIE JECK J 1920 GRÓ

OLIMSKIE POLE

WEST STATIO WEST Architects FS&P Arcus AL. JEROZ STEFANA BANACHA MOKOTOWSKIE

28 29 Czech 137,000 m2 republic of GLA delivered established 2007

23,000 m2 OF GLA Under construction

107,500 m2 OF GLA in pipeline

52 employees Data as of January, 2016

30 31 II/III I 26,000m2 19,000m2 of GLA of GLA

8 BERLIN

A

V

A

T

L

V

VÁCLAV HAVEL PRAGUE 6 AIRPORT PRAGUE DEJVICE PRAGUE 8 OLD TOWN KARLÍN

PRAGUE 2

CITY CENTER VINOHRADY

A

Prague 8, Rohanské nábřeží, V A T

PRAGUE 13 L Karlín District NOVÉ BUTOVICE V RIVER GARDEN PRAGUE 4 PANKRÁC Delivered in 2012/20145

OFFICE I-III Schindler Seko NUREMBERG

A

V

A

T L 32 33 V

1 BRATISLAVA 34,000m2 of GLA

8 BERLIN

A

V

A METROT NOM L V BUSINESS CENTER

VÁCLAV HAVEL PRAGUE 6 AIRPORT PRAGUE DEJVICE PRAGUE 8 OLD TOWN KARLÍN PRAGUE 2

CITY CENTER VINOHRADY

A

V

A

T

L Prague 13, Bucharova Street, PRAGUE 13 V NOVÉ BUTOVICE

PRAGUE 4 Nové Butovice District PANKRÁC PRAGUE 5 Delivered in 2015 NUREMBERG

Helika

A

V

A

T L V 34 35

1 BRATISLAVA 23,000m2 of GLA

Aupark Shopping Center Hradec Králové

A. DVOŘÁKA GOČÁRŮV OKRUH Hradec Králové, Gočárova Street KARLA IV. GOČÁROVA TŘÍDA Under construction CITY CENTER

LABE Delivery in 2016 ORLICE Helika

RAŠÍNOVA BRNĚNSKÁ LABE

36 37 550,000 m2 Slovakia of GLA delivered established 1993

48,500 m2 OF GLA Under construction

457,000 m2 OF GLA in pipeline

258 employees Data as of January, 2016

38 39 A 16,500m2 B of GLA 23,500m2 C of GLA 25,000m2 of GLA

D1 D2 TRNAVA BRNO NITRA

KARLOVA RUZINOVSKA VES Bratislava, Mlynské nivy, NOVÉ MESTO

BAJKALSKA Business District CITY PRIEVOZSKA CENTER KARADZICOVA RUŽINOV MLYNSKE NIVY RING ROAD

Delivered in 2015 KOSICKA PRISTAVNA

APOLLO BRIDGE BRIDGE SNP Under construction PRISTAVNY BRIDGE DUNAJ EINSTEINOVA Delivery in 2016 PETRŽALKA D2

TWI N CIT Y A/B/C Siebert+Talaš/CEPM

E5840 41 VIEDEŇ

BUDAPEŠŤ 34,000m2 of GLA

D1 D2 TRNAVA BRNO NITRA

KARLOVA RUZINOVSKA VES NOVÉ MESTO

BAJKALSKA CITY PRIEVOZSKA CENTER KARADZICOVA RUŽINOV MLYNSKE NIVY RING ROAD Bratislava, Mlynské nivy, KOSICKA PRISTAVNA APOLLO BRIDGE BRIDGE Business District SNP PRISTAVNY DUNAJ BRIDGE Planned EINSTEINOVA PETRŽALKA Delivery in 2017 D2

TWI N CIT Y TOWER John Robertson Architects/Siebert+Talaš E58 Note: Preliminary project pictures 42 43 VIEDEŇ

BUDAPEŠŤ NIVY TOWER

m2 NIVY MALL 34,000 of GLA 63,000m2 of GLA

D1 D2 TRNAVA BRNO NIVY MALLNITRA & KARLOVA RUZINOVSKA VES NOVÉ MESTO NIVY Tower

BAJKALSKA CITY PRIEVOZSKA CENTER KARADZICOVA RUŽINOV MLYNSKE NIVY RING ROAD Bratislava, Mlynské nivy, Business District KOSICKA PRISTAVNA Planned APOLLO BRIDGE BRIDGE SNP PRISTAVNY BRIDGE Delivery in 2019 DUNAJ EINSTEINOVA PETRŽALKA Benoy/Siebert+Talaš D2 Note: Preliminary project pictures 44 45 E58 VIEDEŇ

BUDAPEŠŤ 22,500 m2 of GLA delivered

136,500 m2 OF GLA in pipeline hungary 16 employees established 2007

Data as of January, 2016

46 47 22,500m2 of GLA

III. DISTRICT XIII. DISTRICT

ÁRPÁD BRIDGE

RING ROAD

DANUBE

VÁCI ROAD XIV. DISTRICT XVI. DISTRICT MARGARET VI. DISTRICT BRIDGE XII. DISTRICT Budapest, District 13, CITY CENTER

CI COR N ER O FF ICES CHAIN Váci Road BRIDGE X. DISTRICT

Á Delivered in 2014 Studio 100 V

48 49 Awards As a true market leader, HB Reavis aims at setting industry standards that are appreciated not only by a range of prestigious tenants but also numerous real estate experts. In result, we are one of the most often awarded real estate developers in the CEE region.

In 2015 HB Reavis Group was recognized as the 6th largest European office developer in the annual, prestigious rating carried out by leading pan-European real estate magazine Property EU. HB Reavis is the only representative from the CEE region among the the top 10 developers across the continent. CORPORATE Developer of the Year 2015 in CEE at the CEE Quality Awards Office Developer of the Year 2015 in Poland awarded by CIJ Sales Team of the Year 2015 for Polish leasing team awarded by CIJ CEE Office Developer of the Year 2014 awarded by Eurobuild

PROJECT AWARDS Office Building of the Year 2015 for Váci Corner Offices by Tenant´s Preference Award Office Development of the Year 2015 for Postepu 14 awarded by CIJ Best Office Architecture 2015 in London for 33 Central awarded by the UK Property Awards Office Investment of the Year 2014 for Gdański Business Center I at the Prime Property Prize competition Office Development of the Year 2014 for Gdański Business Center I acknowledged by CIJ Office Development of the Year 2013 for Forum Business Center I awarded by CIJ Best Overall Development of the Year 2013 for Forum Business Center I awarded by CIJ

50 51 www.hbreavis.com

March 2016