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Grand City Properties S.A. proposes Dividend Payment combined with Dividend Policy Update

Grand Duchy of Luxembourg, May 11, 2026. The board of directors of Grand City Properties S.A. (“Company”) resolved to propose to the next annual general meeting, which is scheduled for June 24, 2026, the distribution of a dividend relating to the financial year 2025 in an amount of EUR 0.30 (gross) per share. This proposal marks the reinstatement of a dividend proposal from the board of directors of the Company since its last dividend proposal in respect of the financial year 2021. In addition to the dividend proposal, the Company has decided to update its dividend payout policy from the financial year 2026 onward to 50% of FFO 1 per share, subject to market conditions.

Contact

Michael Bar-Yosef
T: +352 28 77 87 86
E: info@grandcity.lu
www.grandcityproperties.com 

Important information:

This announcement does not constitute an offer to sell or a solicitation of an offer to buy any securities. The securities mentioned in this announcement have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act.

If any announcements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words 'will', 'expect', 'believe', 'estimate', 'intend', 'contemplate', 'aim', 'assume' or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of Grand City Properties S.A. and the persons acting together with Grand City Properties S.A.. Such forward-looking statements are based on current plans, estimates and forecasts which Grand City Properties S.A. and the persons acting together with Grand City Properties S.A. have made to the best of their knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by Grand City Properties S.A. or the persons acting together with Grand City Properties S.A.. It should be kept in mind that the actual events or consequences may differ materially from those contained in or expressed by such forward-looking statements.