Announcement - Documents at the disposal of the shareholders in relation to the common demerger of the subsidiary company L.O.V. S.M.S.A. by absorption and with the establishment of a new company

BUSINESS DEVELOPMENTS
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LAMDA DEVELOPMENT S.A. (the “Company”) informs the investing public that, in accordance with article 63 of L. 4601/2019, the following documents in relation to the common demerger of L.O.V. S.M.S.A. (the “Demerged Company”) by absorption and with the establishment of a new company (the “Demerger”), are at the disposal of the shareholders of the Company at its website (HERE), and at its registered seat in Maroussi, Attica (at 37Α, Kifissias Ave., Maroussi 151 23 (inside Golden Hall)):

  1. the Draft Demerger Agreement, together with the Transformation Balance Sheet of the assets and liabilities of the Demerged Company as of
  2. the Valuation Report on the assets and liabilities of the Demerged Company in accordance with article 17 of L. 4548/2018, that was prepared by the audit firm “KPMG Auditing S.A.” (SOEL Reg. No. 186);
  3. the Explanatory Reports of the Boards of Directors of the companies participating in the Demerger, namely of the Demerged Company, the Company and LAMDA MALLS S.A. addressed to their shareholders, in accordance with article 61 of L. 4601/2019, in which they explain and justify from a legal and financial point of view the Draft Demerger Agreement; and
  4. the Expert’s Report in accordance with articles 62 and 10 of L. 4601/2019, that was prepared by the audit firm “KPMG Auditing S.A.” (SOEL Reg. No. 186).

The Annual Financial Statements and the Annual Management Reports of the Boards of Directors of the companies participating in the Demerger, namely of the Demerged Company, the Company and LAMDA MALLS S.A. for the past three (3) years as well as the Semi-Annual Financial Report of the Company and the other data regarding periodic information to investors, in accordance with the provisions of L. 3556/2007, as in force, are also available at the Company’s website.

The completion of the Demerger is subject to the statutory approvals of the General Meetings of the shareholders of the companies participating in the Demerger and t ο any additional required approvals.