Press release 05 March 2024

Phase 2 of MLP Bucharest West completed and fully leased

MLP Group has completed phase two expansion of MLP Bucharest West, its
logistics park near Romania’s capital city. The new facility has delivered 16,000
sqm of space designed to contemporary standards, which has already been fully
leased. Preparations are now under way to move forward to phase three. Located
in Romania’s main warehouse hub, MLP Bucharest West will ultimately offer a
total of 99,000 sqm of space.

MLP Bucharest West has been expanded to include a new 16,000-sqm facility, completed within a
swift seven-month timeframe. The new warehouse unit has been fully taken up by tenants. Currently,
the MLP Bucharest West logistics centre comprises 38,000 sqm of completed space (as phase one was
delivered in 2021), fully occupied by tenants. Ultimately, its total leasable area is to reach 99,000 sqm.
In accordance with MLP Group’s standard, the new project meets the
highest environmental sustainability standards and is to be BREEAM
certified.

“Completion of the second phase of our MLP Bucharest project marks a

significant milestone for us. We have delivered as promised according to
plan. Beginning the development on a speculative basis, we’re delighted
to see the newly constructed warehouse space fully leased by now. The project’s timely completion
was possible thanks to collaborative efforts of our entire team and partners. Moving forward, we plan
to further expand MLP Bucharest West, a project distinguished by its excellent location and finished to
a high standard, making it a sought-after choice for tenants. We expect that phase three will soon be
ready for launch,” commented Olga Melihov, Country Head Romania at MLP Group S.A.

“Words of appreciation to our entire Romanian team for their

commitment to the project. This development in Romania aligns with
our ongoing foreign expansion, concentrated mainly on the German and
Austrian markets. Nevertheless, we are steadfast in the resolve to
strengthen our presence also in this part of Europe. Our strategic focus
is on key warehouse locations. Bucharest is Romania’s most attractive
region and its main industrial hub. We still maintain a substantial
potential for continued expansion and operational upscaling there ,” said Agnieszka Góźdź, Member
of the Management Board and Chief Development Officer at MLP Group S.A.

Situated within Romania’s most popular warehouse hub, at the ring road in Bucharest’s north-western
district of Chitila, MLP Bucharest West is an ideal location for distribution and logistics operations. It is
a Class A industrial and logistics development on an 18.3 ha plot that will eventually provide 99,000
sqm of warehouse space, with numerous amenities and excellent road infrastructure.

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Key facts about MLP GROUP S.A.

MLP Group is a leading developer, owner and manager of high-quality logistics and industrial parks and light
industrial business parks, operating in Poland, Germany, Austria, and Romania. The Company owns and manages
a portfolio of properties with around 1.8 million sqm of existing and permitted ready to build rental space. As at
the end of the third quarter of 2023, its Net Assets Value was over PLN 2.5 billion. MLP Group has been listed on
the Warsaw Stock Exchange since 2013 (ISIN: PLMLPGR00017).

With offices in Warsaw, Munich and Vienna and Bucharest, the Company offers bespoke, tailor-made real estate
solutions to clients and tenants in various industries, including logistics, retail, e-commerce, manufacturing and
automotive.

For more information about MLP Group, visit www.mlpgroup.com

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More information:

Karolina Pokora-Malewska, MLP Group S.A.

Phone: (22) 738 30 10, 600 333 287
email: k.malewska@mlpgroup.com