Announcement – Comments on Press Reports

Maroussi, 4 August 2022

LAMDA DEVELOPMENT S.A. (the “Company”), in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, following publications in the electronic press, informs the investing public that it is in advanced negotiations for the acquisition of the owner company of the McArthurGlen Designer Outlet Athens in Spata, in the Attica prefecture.

The Company will promptly inform the investing public, with a new announcement, about the conclusion of the said negotiations.