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EPP N.V. - Covid-19 and vaccination update in Poland

Release Date: 09/04/2021 17:20
Code(s): EPP     PDF:  
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Covid-19 and vaccination update in Poland

EPP N.V.
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
LEI code: 7245003P7O9N5BN8C098
(“EPP” or “the company”)


COVID-19 AND VACCINATION UPDATE IN POLAND


Shareholders are advised that the Polish government has announced the extension of current restrictions for another week
until 18 April 2021. This means that essential stores are allowed to trade within all Polish shopping centres. These shops
constitute approximately 30% of EPP’s retail portfolio by GLA. Operations of other businesses such as non-essential retail,
cinemas, theatres, sport facilities and hotels remain suspended. Although the rate of daily new COVID-19 cases decreased
in the last few days, the extension of the limitations in place are required to reduce the virus transmission and ensure the
smooth operations of the Polish medical system.

It is believed that the pandemic is currently peaking in Poland and that the occupancy of the Polish healthcare system is
expected to decrease in the coming weeks. The regions where local limitations were imposed earlier are already
demonstrating decreasing daily numbers of COVID-19 cases.

Importantly, as at 8 April 2021 the country had administered approximately 7.3 million vaccine doses (with 3 million
administered in the last four weeks) and the Polish government has introduced a revised vaccination roll-out programme
which will further accelerate the vaccination of Poles. Most persons from high-risk groups such as the elderly, teachers and
medical personnel have already been vaccinated and further registration is being performed according to the age-groups.
Registration is now available for people of 60+ and those aged 40-59 were allowed to register if they declared their
willingness to participate in the vaccination process at the beginning of the year. These groups will be vaccinated in April
and May 2021. The Polish authorities intend to administer 20 million doses in total by the end of June and vaccinate all
eager Poles by the end of August.

Vaccinations are also progressing well across the European Union (EU) with nearly 89 million doses having been
administered in total by 8 April 2021 which equates to 20% of the EU’s population. Poland and other large EU member
states such as Spain, Germany, France, and Italy are continuing their vaccination programmes at similar levels to the EU
average.

EPP will continue to monitor the situation and provide relevant updates concerning the broader reopening of its shopping
centre operations to the market.

9 April 2021


JSE Sponsor
Java Capital

Luxembourg Stock Exchange Listing Agent
Harneys Luxembourg


For more information:
Curwin Rittles, Investor Relations, EPP
Mobile: +48 885 982 310
Curwin.rittles@epp-poland.com

Java Capital, JSE Sponsor
Phone: +27 11 722 3050

Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent
Phone: +352 27 86 71 02

Singular Systems IR
Michèle Mackey
+27 (0)10 003 0700/+27 (0)82 497 9827
michele@singular.co.za

Date: 09-04-2021 05:20:00
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