“OUR MISSION IS TO BE THE LEADING REAL ESTATE DEVELOPER IN CENTRAL

AND EASTERN EUROPE, DEVELOPING AND DELIVERING INNOVATIVE

SOLUTIONS TO OUR CUSTOMERS, CONSISTENTLY OUTPERFORMING OUR

PEERS, PRODUCING SUPERIOR RETURNS FOR OUR SHAREHOLDERS AND

PROVIDING OUR EMPLOYEES WITH A CHALLENGING ENVIRONMENT.”

SÁNDOR DEMJÁN

Chairman TriGranit Development Corporation

REAL ESTATE DEVELOPMENT IS AN EVER CHANGING WORLD, THUS THE LEADING PLAYERS MUST

REMAIN PROACTIVE AND FLEXIBLE TO MEET THE CHALLENGES. THIS NEEDS SOPHISTICATED ANSWERS TO THE

QUESTIONS RAISED BY THE CONSTANTLY CHANGING ECONOMIC AND FINANCIAL ENVIRONMENT.

PROJECTS DEVELOPED BY TRIGRANIT SUCH AS STATE OF THE ART PPP PROJECTS AND COMMERCIAL

PROJECTS CATERING TO THE NEEDS OF THE CUSTOMERS OF THE 21ST CENTURY ARE SHAPING THE

URBAN LANDSCAPE OF CITIES IN CEE. THIS PROCESS IS DRIVEN BY THE DEDICATION AND PROFESSIONAL

KNOWLEDGE OF OUR INTERNATIONAL TEAMS.

DESPITE THE TURBULENT ECONOMIC AND FINANCIAL ENVIRONMENT OF THE LAST YEARS, THE FULLY

INTEGRATED, REGIONAL MULTINATIONAL TRIGRANIT HAS HAD CONSIDERABLE SUCCESS DURING THIS

PERIOD. DUE TO ITS CONSERVATIVE MANAGEMENT, THE 15-YEAR OLD TRIGRANIT MAINTAINS ITS LEADING

POSITION IN THE CENTRAL-EASTERN EUROPEAN REGION. TRIGRANIT’S MAJOR ACHIEVEMENTS SINCE THE

CRISIS COMMENCED AND ITS AMBITIOUS PLANS FOR THE YEARS TO COME HAVE CREATED A STRONGER

COMPANY THAT WILL REMAIN ONE OF THE TOP EUROPEAN DEVELOPERS. DUE TO THE SUCCESSFUL BUSINESS

ACTIVITIES, NO PROJECTS WERE HALTED; THE COMPANY ENJOYS BANKS’ CREDIBILITY.

OUR FULLY INTEGRATED REAL ESTATE GROUP HAS BEEN CHAMPIONING THE PROPERTY MARKET FOR

ALMOST 15 YEARS, AND HAS A CLEAR VISION FOR THE COMING DECADES.

ÁRPÁD TÖRÖK

Chief Executive Officer TriGranit Development Corporation

Message from the CEO

Extraordinary global financial strength and entrepreneurial talent have been integrated into TriGranit through

the diversity of its Shareholders, which include some of the world’s leading financial investors, entrepreneurs

and businessmen.

SÁNDOR DEMJÁN

Sándor DEMJÁN is one of the founders and the Chairman of TriGranit Development Corporation. In 1976,

he started and directed Skála, the first Hungarian cooperative department store, which later developed into a

chain-store enterprise. In 1986, Mr. Demján founded and became the inaugural President of the first

commercial bank in Hungary, the Hungarian Credit Bank. With renowned Canadian investor, the late Andrew

Sarlós, he created the Central European Investment Corporation (CEIC) in 1990 and established the Central

European Development Corporation (CEDC) in co-operation with Andrew Sarlós, Ronald Lauder, Mark

Palmer and Peter Munk that same year. In 1996, he founded Gránit Pólus Investment and Development

Corporation, which, with TrizecHahn in 1997, created the joint venture company that is today TriGranit

Development Corporation.

IMMOFINANZ

IMMOFINANZ Group is one of the leading listed property companies in Europe. The Austrian company is

included in the leading ATX index of the Vienna Stock Exchange and also

trades on the Warsaw Stock Exchange. Since its founding in 1990, the

company has compiled a high-quality property portfolio that now

comprises more than 1,700 investment properties with a carrying amount

of approx. EUR 10.5 billion. As a “real estate machine“ the company

concentrates on linking its three core business areas: the development of

sustainable, specially designed prime properties in premium locations, the

professional management of these properties and cycle-optimised sales.

IMMOFINANZ Group concentrates its activities in the retail, office,

logistics and residential segments of eight regional core markets: Austria,

Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and Russia.

Further information under: http://www.immofinanz.com |

http://blog.immofinanz.com | http://properties.immofinanz.com

ShareholdersPalace of Arts, Budapest

WestEnd City Center, Budapest

PETER MUNK

A well-known Canadian business leader, industrialist and philanthropist, Peter Munk has built several world-class

enterprises. Mr. Munk is the founder and Chairman of the Board of Barrick Gold Corporation, the world's

largest gold producer, with operations in the United States, Canada, Australia, Peru, Russia, Tanzania, Chile, and

Argentina. Peter Munk is also Chairman and major shareholder of Trizec Properties, Inc., one of the leading

publicly traded U.S. real estate investment trusts, as well as Chairman and Chief Executive Officer of

Trizec Canada Inc., a Canadian holding company.

DR. SÁNDOR CSÁNYI

Dr. Sándor Csányi is the most prominent banker in Central-Eastern Europe. He is Chairman & CEO of the

National Savings and Commercial Bank (OTP Bank), a member of the European Board of MasterCard.

Mr. Csányi is Vice Chairman of the Board of the Hungarian Oil and Gas Company, and Co-chairman of the

National Association of Entrepreneurs and Employers (VOSZ).

ShareholdersMillennium Towers, Budapest

Millennium Tower I, Bratislava

Macedonia

TriGranit has emerged to be one of the largest property and retail developers. Since its establishment in 1997,

the company has so far completed projects with a total value of over Euro 2,5 billion.

The name TriGranit has become synonymous with DOMINANT, DISTINCTIVE, URBAN-BASED REAL

ESTATE PROJECTS. The realization of landmark schemes in Central European capital cities will continue to

remain our focus for both existing and future developments.

The hallmark of TriGranit is our entrepreneurial spirit, which enables us to operate with unrivalled speed and

decisiveness. Our multicultural team of professionals embodies the CREATIVITY, ENERGY and PERSPECTIVE

needed to identify strong growth OPPORTUNITIES – opportunities for which TriGranit has a proven track

record of turning into real SUCCESS.

TriGranit currently has completed and operating assets and developments in 9 countries, with a total

planned further investment of Euro 4 billion.

After having successfully completed projects in Hungary, Poland, Slovakia, Czech Republic, Romania, Croatia

and Russia, the company has widened its focus to include Slovenia and

Macedonia.

Our strength is our UNIQUE EXPERTISE in real estate development and

operations within emerging markets. Our project teams are locally based

and infused with both international and indigenous management staff that

have accumulated over THREE DECADES OF GLOBAL REAL ESTATE

EXPERIENCE.

Our current base of operations includes offices in Bratislava, Budapest,

Ljubljana, Moscow, Naberezhnye Chelny, Brasov, Warsaw, Krakow,

Poznan, and Zagreb with a portfolio of distinctive developments.

Who we are

Bank Center, Budapest Polus Center, Budapest

TriGranit group of companies committed to setting the benchmarks for the real estate business, including

development, property management, asset management, project management, finance, leasing and marketing.

Our professionals at all levels are dedicated to the success of our projects from the initial planning stages through

the grand opening and into functional operation. We effectively leverage the experience and diversity of local

personnel, core management and subsidiary companies to provide

a full spectrum of development, construction and operation services.

TriGranit’s primary focus is on dominant, mixed-use “City Center”

projects in strategic urban locations.

We create prototype developments including award winning retail &

entertainment centers, office buildings, hotels, residential develop-

ments, waterfront resorts and cultural facilities. Beyond its more

conventional, commercial development projects, TriGranit is also

regarded as one of the pioneers in the field of public private

partnership (PPP) projects.

We are committed to optimizing our partners’ satisfaction by

understanding how best to serve their needs as well as our

environment. It is our mission to provide the best solution to our

customers in order to achieve their objectives. Listening, understand-

ing, and creating: the way TriGranit sees its responsibility.

We are committed to optimizing our partners’ satisfaction by under-

standing how best to serve their needs as well as our environment.

It is our mission to provide the best solution to our customers in order

to achieve their objectives.Listening, understanding, and creating:

the way TriGranit sees its responsibility.

TriGranit is capitalizing on its 15 years track record and is

providing a wide range of services to third parties.

Development management services (e.g.: design, construction,

marketing, leasing), asset assessment services (e.g.: financial, legal,

leasing and technical due diligences), asset management services,

and facility and property management services.

Creating withpassion and care

MAJOR ACHIEVEMENTS SINCE THE CRISIS

• February 2009: Opening of Zagreb Arena, a 15,000-seat multipurpose sports and entertainment arena (Zagreb).

• June 2009: Secured lease & forward sale of 80,000 m² headquartersof K&H Bank and commencement of construction (Budapest).

• November 2009: Opening of 240,000 m² Bonarka City Center(Krakow).

• January 2010: Commencement of construction of 50,000 m² B4B office project (Krakow).

• October 2010: WestEnd City Center Euro 400 million refinancing(Budapest).

• November 2010: Opening of 200,000 m² Arena Centar and 50% sold to Heitmann Fund (Zagreb).

• In 2010 We have secured tenants for over 80,000 m² (Arena Centar, B4B, Millennium projects, Lakeside, and Bonarka).

• March 2011: Commencement of construction on 140,000 m²Poznan Railway Station (Poznan).

• June 2011: Completion of B4B office project first phase, GBA 39,000 m² (Krakow).

• November 2011: Completion of K&H Office project (Budapest).• December 2011: Formation of a joint venture partnership withHeitman European Property Partners IV (HEPP IV) to own and operate the 70,000 m² Millennium Portfolio four Class A office properties; 74 percent sold to Heitman Fund (Budapest).

• December 2011: Securing Euro 120 million financing for Poznan Integrated Transport Center (Poznan).

• January 2012: Groundbreaking of GBA 150,000 m² PoznanShopping Center (Poznan).

• May 2012: After only ten months of construction, the new 6,000 m²Poznan Główny train station was officially inaugurated (Poznan)

• January 2013: Opening of Bonarka for Business (B4B) in Krakow –2nd phase of a 32.000 GLA, class A office complex.; Topping Outceremony of Poznan City Center.

• October 2013: Grand opening of Poznan City Center, a retail complex with a GLA 58,000 m² in Poznan, Poland

• November 2013: Opening of Bonarka for Business (B4B) in Krakowthe fourth office tower, building D.

The city centers are the flagships of TriGranit’s developments. With these

investments, TriGranit creates projects which leave a lasting impression on a city’s

legacy. These developments spread out over several hundred thousand

square meters, harmoniously unite the different functions of the business district,

including residential, cultural and shopping mall components. With our developments

we create value and new downtowns.

The main considerations for our site selection

are the prominence of location, good support ing

infrastructure, and the multifunctional

development possibility. Through the design we

take the needs of the location and the

expectation of the inhabitants into the highest

consideration.

City Centers

Arena Centar, Zagreb Arena Centar, Zagreb

TriGranit’s first city center model was the WestEnd City Center in Budapest, which

includes a shopping mall, a hotel, and office buildings.

Another good example of the city center prototype is the Millennium City Center

located in the heart of Budapest. With the “city in the city” real estate development

concept we created a cultural, business, and residential district on the Pest side bank

of the Danube with a unique atmosphere. Next to the high quality office and

residential buildings, here in the Millennium City Center can be found one of Europe’s

most modern cultural institutes, the Palace of Arts, and the National Theater,

also developed by TriGranit.

TriGranit’s completed city centers

• WestEnd City Center, Budapest• Polus City Center, Bratislava• Millennium City Center, Budapest• Bonarka City Center, Krakow• Arena Centar, Zagreb• Poznan City Center, Poznan

Under development

• Emonika City Center, Ljubljana

City Centers

WestEnd City Center, Budapest WestEnd City Center, Budapest

The development of retail centers has emerged prominently in Central and Eastern Europe. These centers

have become the most important focus for the rapidly evolving retail industry and places where thousands

of people attend daily. Among the developments of TriGranit, the retail centers have received special

attention from the development perspective.

For us, the retail centers are places where people can have an active and

diverse time; meeting points for all age groups where they can find all

essential services in a pleasant atmosphere. In our centers the

entertainment and catering, the commercial facilities and the tenants

provide a variety of services operating in harmony as a whole. We always

strive to achieve unique and spectacular architectural solutions.

The “Niagara Falls” in the WestEnd City Center, Budapest, or the

fountain in the Silesia City Center, Katowice, speak for themselves.

RetailPoznan City Center

Polus Center, Cluj

Retail and shopping centers have a long lasting impact on the cities and

neighborhoods they are built in. TriGranit is aware of its responsibility and spends a

lot of time and effort to integrate it with the culture and surroundings. TriGranit is

constantly reviewing how to reduce the energy consumption of its centers by using

the most efficient materials and technologies. When operating the centers the

highest standards are implemented to ensure minimum waste product. TriGranit is

developing for future generations, therefore the quality of our centers is always

paramount.

But these architectural expedients would not be

worth a mention, if not combined with the

effective daily operation of the facility

and property management. TriGranit’s centers

exemplify security, cleanliness and convenience.

Probably this is the reason why our centers

continue to achieve international acclaim. In our

centers the needs of the tenants and visitors are

served mutually and simultaneously.

Retail

Silesia City Center, Katowice Silesia City Center, Katowice

In our tenant portfolio more than 3,500 international tenants can be found, including such world trademarks

as Adidas, Arena, Benetton, Bershka, C&A, Camaieu, Calzedonia, Camel, Carpisa, Deichmann, Debenhams,

Douglas, Ecco, Esprit, Estée Lauder, GAP, Gant, Geox, Intimissimi, Helly Hansen, Hennes & Mauritz,

Humanic, Jackpot & Cottonfield, Lancome, Mango, Marionnaud, Marks & Spencer, Massimo Dutti, Media

Markt, Mothercare, Mötivi, New Yorker, Nike, Nine West, Orsay, Peek & Cloppenburg, Pepe Jeans,

Promod, Pull and Bear, Puma, Replay, Salamander, Samsonite, Sephora, Springfield, Stradivarius, Swarovski,

Tally Weijl, Tchibo, Timberland, Tom Tailor, Trussardi, and Zara.

TriGranit’s completed and operating retail centers

• Pólus City Center, Budapest• WestEnd Shopping & Entertainment Center, Budapest• Polus City Center, Bratislava• Silesia City Center, Katowice • Polus Center, Cluj• Bonarka City Center, Krakow• Torgoviy Kvartal, Naberezhnye Chelny• Arena Centar, Zagreb• Poznan City Center, Poznan

Under development

• Emonika City Center, Ljubljana• Torgoviy Kvartal II., Naberezhnye Chelny

RetailWestEnd Shopping & Entertainment Center, Budapest

Polus City Center, Bratislava

The building of the Bank Center in Budapest was TriGranit’s first major real estate development,

considered a landmark in the mid-1990’s. The 52,000 square meters, four-towered, “A” category office

complex is located in the heart of Budapest, in the middle of the banking district. The concept and

aesthetic of the development reflect the philosophy of TriGranit’s office buildings.

The striking appearance of K&H Group Headquarters building blends with the environment, representing

outstanding quality, the use of modern technology, flexible configuration of spaces, energy saving

building management, and a working environment of the highest standard. With the latest addition of

building ”K”, TriGranit was the first in Hungary to launch a project under the LEED® certification category

– a US system based on environmental consciousness and sustainability criteria that provides the project

with world-wide recognition.

The overall office development concept is well represented by

the Budapest Millennium Towers office buildings, which represent

outstanding quality in the Hungarian office market. Due to the prime

location of the buildings not only the exclusive Danube panoramic vista,

but the office complex’s natural illumination are ensured.

K&H Group Headquarters

Office Towers

TriGranit’s similar extensive office complex venture are the Millennium Tower I, II and III, and the Lakeside

Offices constructed in Bratislava. The office buildings satisfy all commercial needs, and are organically

integrated with TriGranit’s Slovakian retail center. The B4B project in Krakow of four stand-alone, Class A office

buildings set in a unique urban environment, with its modern architectural, technical, and functional solutions

provides complete flexibility in arranging their interiors and a perfect working environment.

The appeal of TriGranit’s office developments is characterised in the high quality mix of occupants, who have

individually secured space in our buildings for many years now. Among our tenants can be found: Vodafone,

Morgan Stanley, K&H Bank – KBC Bank, IBM, Nestlé, Avaya, Oracle, Novell, Unisys, NIKE, Boehringer

Ingelheim, MSD, Abbott, KLM, Gránit Bank, Lexmark, Prologis, JTI, HYPO Investbank AG, Oberbank,

Aberdeen, Salans, Servier, AT&T, Kone, T-Mobile, AMS, Herbalife, Pure, LuxMed, and State Street.

TriGranit’s completed office buildings

• Bank Center, Budapest

• WestEnd Office Complex, Budapest

• Millennium Tower I, Budapest

• Millennium Tower II, Budapest

• Millennium Tower III, Budapest

• Millennium Tower I, Bratislava

• Millennium Tower II, Bratislava

• Lakeside Offices, Bratislava

• K&H Bank Headquarters, Budapest

• B4B offices – buildings A, B, C & D, Krakow

Under development

• Millennium Gate, Budapest

• Silesia Office Towers, Katowice

• Arena Centar Offices, Zagreb

• B4B offices – buildings E, F, G, H & I, Krakow Millennium Tower I-II, Bratislava

Office Towers

Millennium Tower II-III, Budapest

TriGranit’s developments also include projects where it is appealing to relax, work

or live. This attractive, harmonized environment characterizes our hotel,

residential and resort developments.

Our residential or hotel developments are continually being established as

part of a new city center, broadening the multifunctional model of the prototype.

Not coincidentally, two of our projects – the WestEnd Hilton and the Duna-Pest

Residences – received international acclaim, acknowledging their high quality

implementation and exceptional architectural design.

TriGranit’s resort developments can be found on the Adriatic coast. Our planned

development in Ciovo, Croatia, will be of exceptional quality, honouring the

outstanding natural beauty of the Adriatic.

TriGranit’s completed hotels, residentials, resorts

• WestEnd Hilton, Budapest• Duna-Pest Residencies, Budapest• Debowe Terasy, Katowice

Under development

• Ciovo, Trogir

Residentials / Hotels / Resorts

Debowe Terasy, Katowice WestEnd Hilton, Budapest

Beyond its more conventional, commercial development projects, TriGranit is also

regarded as one of the pioneers in the field of public private partnership

(PPP) projects.

Aside from pursuing its business goals, it is TriGranit's intention to support culture

and the arts. To this end, the Millennium City Center is the site of a

cultural development unprecedented in the previous century. The area is home to

the new National Theatre, opened in the spring of 2002. To supplement the

cultural variety, TriGranit has, with the cooperation of the Hungarian Ministry of

Culture, developed a brand new building complex to house the Ludwig Museum,

the Festival Theatre and the Béla Bartók National

Concert Hall in the Millennium City Center.

The Palace of Arts was built through a public

private partnership (PPP) with the Hungarian

government and is the first PPP of its kind in

Central Europe. The Palace of Arts was awarded

the FIABCI Prix d'Excellence for the best

cultural building of the year 2006.

PPP / Culture / Sport

Palace of Arts, Budapest National Theatre, Budapest

The TriGranit Group has taken over the operating rights of Budapest Sportaréna

from 2006. The state of the art, 21st century facility is capable of

accommodating a minimum of 60 and a maximum of 15,000 persons in safety and

comfort depending on layout. The hall is equipped with the most modern light and

sound equipment.

The base level of the arena can be opened up to a maximum size of 8,000 m2 and

many types of layouts can be utilized. The area can be divided any time by floor to

ceiling drapes. This makes it possible for the Budapest Sportaréna to be a venue for

basketball and handball championships, tennis and gymnastics competitions, ice

hockey matches and athletics events, as well as

spectacular sports events like basketball shows,

ice theatre, moto-cross, jet-skiing, surfing

competitions, and presentations.

TriGranit’s completed or operated cultural andsport projects

• National Theatre, Budapest• Palace of Arts, Budapest• Papp László Sportaréna, Budapest • Arena Zagreb, Zagreb

PPP / Culture / Sport

Papp László Sportaréna, Budapest Papp László Sportaréna, Budapest

Russia is holding an excellent perspective for TriGranit Development Corporation. Based on

economic growth and increasing purchasing power, Russian consumer spending and financing

market is strong and reliable.

Our current project portfolio includes Torgoviy Kvartal, a shopping and leisure center in

Naberezhnye Chelny, Tatarstan. It has proved to be so successful in the last five years that we

are preparing an extension to double the GLA.

TriGranit jointly with Gazprombank-Invest is developing a project in Krasnodar, the capital

of the Krasnodar Region, the economic center of southern Russia. For several years,

Forbes magazine named Krasnodar the best city for business in Russia.

In Omsk - located in southwestern Siberia - TriGranit is pre-developing a large site which is

located next to a residential area. Omsk is Russia's second-largest city east of the Ural

Mountains with a population of over 1.1 million; therefore a retail park is envisioned to serve

the needs of this growing city.

We are holding negotiations on other development

opportunities in Russia and interested in utilizing

TriGranit’s experience and expertise in transforming

train stations into city center or retail focus point.

TriGranit’s completed projects in Russia

• Targoviy Kvartal, Naberezhnye Chelny, Tatarstan

Under development

•Targoviy Kvartal Phase II, Naberezhnye Chelny, Tatarstan• New city district, Krasnodar, Krasnodar Region • Retail Park, Omsk, West Siberia

TriGranit in Russia

Targoviy Kvartal Phase II, Naberezhnye Chelny Targoviy Kvartal Phase II, Naberezhnye Chelny

n Today corporate social responsibility (CSR) goes much further than financially supporting companyrelated causes. We strongly believe that CSR is a concept whereby organizations consider the interestof society by taking responsibility, beyond the statutory obligation, for the impact of their activities oncustomers, employees, shareholders, and the environment in all aspects of their operations. Due to itslong-term commitment, TriGranit has been acting as an accountable corporate citizen for years.n TriGranit has been one of the founders of “Budapest Olympic Movement” (BOM). We believe that hosting the Olympic Games would encourage investments and large-scale projects, create tens of thousands of jobs, enliven tourism, develop infrastructure. n Recognizing the spiritual need of the local church and community, TriGranit constructed a chapel in a former mine of Katowice, next to Silesia City Center.n The Chairman of TriGranit Development Corporation launched the Sándor DemjánFoundation. During its more than 15-year operation, this institution has been helping the preservation of the Hungarian cultural heritage, helping the development of science, education,sport, and the arts. 3,000 university students get scholarships from the foundation every year andsome 10,000 additional people have the chance for a better way of living. n Serving the noble goals of introduction and recognition of the Hungarian intellectual values regardless of any political influences, Sándor Demján launched the Prima Primissima Award in2003. The Architecture Category of the Junior Prima Award has been sponsored byTriGranit since 2008. n Sándor Demján has been cooperating with the Krakow-based “U Siemachy” Association, a non-governmental, non-profit organization for the helping of children in need for three years by handingover 4,000 Christmas gifts to children in Krakow and its vicinity,representing a total value of EUR 237,000. The modern educa-tional youth daycare center in the Bonarka City Centerhanded over to U Siemachy serves a genuine goal by providingkids with the necessary venue for daily activities. n In 2013 TriGranit was proud to be the naming rights sponsor of the UIPM World Cup Modern Pentathlonseries held in Budapest. n Sponsored by TriGranit Development Corporation,“Visegrád 4 Integration & Cohesion 2013”, a two daysbicycle race started from Budapest WestEnd City Center andfinished in Krakow, Bonarka City Center. The event wasattended by the prime ministers of the involved four countries– Hungary, Czech Republic, Slovakia and Poland.

Corporate Social Responsibility

Visegrád 4 Integration & Cohesion 2013Árpád Török Junior Prima Gála

Sustainable development is fundamental element in TriGranit’s strategy. Our company has

developed a four-stage action strategy to reduce the carbon footprint:

1. Carbon offsetting of TriGranit’s headquarters: supporting renewable energy projects in India,

Turkey and China

2. Involving our corporate tenants at our office buildings: persuading them to participate in

sustainable practices and a carbon-offsetting program

3. Making all of our current development projects carbon neutral

4. Ensuring that all of our future developments (including buildings and suppliers,

workers and tenants) will be carbon neutral.

TriGranit has been a pioneer in joining the European Commission’s voluntary GreenBuilding

program. As part of this program, TriGranit’s Millennium Tower I in Budapest received the

GreenBuilding award in the autumn of 2007, Emonika City Center in Ljubljana, Slovenia and K&H

HQs in Budapest in 2011. Additionally, we’ve retained one of the world's leading carbon offset and

climate consulting businesses and qualified our Headquarters and Millennium Towers III in Budapest

already as carbon neutral. K&H Bank Headquaters is the first

in Hungary to obtain the LEED® rating category –

an American rating system formulated on the basis of

environmental awareness and sustainability criteria – which

provides the building with a rating that is acknowledged all

over the world. Poznan City Center has received the

BREEAM certificate for the project’s integrated design.

BREEAM is the world's foremost environmental assessment

method and rating system for buildings.

In order to ensure the successful implementation of our

long-term strategy of sustainable development, TriGranit has

appointed a “green advisor”.

Sustainable Development

CARBON NEUTRAL CERTIFICATIONMillennium Tower I-II-III, Budapest

2014 - THE GLOBAL RLI AWARDS / TriGranit Development Corporation won the highly commended „RLI Developer Award”„Mixed-use Project”, and „Retail Project” of the Year. CEE RETAIL REAL ESTATE AWARDS / Poznan City Center won the „Retail Project of the Year” 2013 - EUROPAPROPERTY CEE GREEN BUILDING AWARDS / Poznan City Center won in 3 categories: „Project”,

„Mixed-use Project”, and „Retail Project” of the Year. 2012 - CEE INSIGHT FORUM IN ASSOCIATION WITH FINANCIAL TIMES / The Property Developer of the Year 2011.2011 - CENTRAL & EASTERN EUROPEAN CONSTRUCTION & INVESTMENT JOURNAL (CIJ) / Developer of the Year;

Industry Leadership Award: Árpád Török CEO.EUROPAPROPERTY CEE GREEN BUILDING AWARD / K&H Group Headquarters in Budapest, Hungary and the Emonika City Center in Ljubljana, Slovenia.EUROMONEY AWARDS: REAL ESTATE POLL / “Best Developer in Hungary” – “Overall and Best Developer in Croatia” – “Overall Awards”.EUROPAPROPERTY SEE REAL ESTATE AWARDS / TriGranit Development Corporation was chosen the Best in South-East Europefor its 2010 accomplishments.2010 - AWARDS FOR THE DEVELOPMENT OF THE ECONOMY OF BUDAPESTTRIGRANIT RANKS NUMBER 3 AMONG THE TOP 20 EUROPEAN RETAIL DEVELOPERSTriGranit wins two major regional awards with Bonarka in 2010: “CEE Real Estate Awards, Project of The Year 2009”, “Shopping Center (Mega) of The Year 2009”. TRIGRANIT RANKS NUMBER 4 AMONG THE TOP EUROPEAN DEVELOPERSSOUTH EASTERN EUROPEAN REAL ESTATE AWARDS BY EUROPAPROPERTY / TriGranit Development Corporation, “The Best Retail Developer Company of The Year”.2008 - CIJ AWARDS / Best Developer, Millennium City Center Budapest, Hungary - Best Development.� EUROMONEY/LIQUID REAL ESTATE AWARDS / Best Developer Services in Hungary and in Emerging Europe.CNBC PROPERTY AWARDS / Oak Terraces - Best Development in Poland. (Europe and Africa Awards), Duna-Pest Residences - Best Development in Hungary (Europe and Africa Awards)SOLAL MARKETING AWARDS / Silesia City Center 3- time winner.2007 - EG RETAIL&FUTURE AWARDS MAPIC / Best ArchitechturalEntry 2007.ANNUAL INVESTMENT AWARDS / Polus Cluj – Real Estate Investment of the Year.

� THE CEPIF & INTERNATIONAL HERALD TRIBUNE CEE BEST DEVELOPER AWARD / Best Hotel Developer.THE CEPIF & INTERNATIONAL HERALD TRIBUNE CEE BEST DEVELOPER AWARD / Best Retail Developer.2006 - FIABCI PRIX D’EXCELLENCE / Best Cultural Building of the year 2006 / Palace of Arts, Budapest, Hungary.� BUSINESS OF THE YEAR IN ENTERPRISE CLASS 2006 / TriGranit

Development Corporation / The British Polish Chamber of Commerce.2005 - CEE QUALITY AWARD / Lifetime Achievement Award /

Mr. Sándor Demján, Chairman of TriGranit Development Corporation.� CEE QUALITY AWARD / CEE Residential Development of the Year / Duna-Pest Residences,

Millennium City Center, Budapest, Hungary.� CEE QUALITY AWARD / CEE Retail Development of the Year / Silesia City Center,

Katowice, Poland.� CEE QUALITY AWARD / CEE Outstanding Development of the Year / Silesia City Center,

Katowice, Poland.� THE BEST OVERALL DEVELOPMENT AWARD / Palace of Arts, Millennium City Center,

Budapest, Hungary.� C&I JOURNAL / Best Overall Development Award / Palace of Arts, Budapest, Hungary.2001 - ICSC MAXI AWARD / Polus City Center, Bratislava, Slovakia.� FIABCI PRIX D’EXCELLENCE / Best Business Hotel of the Year / Hotel Hilton Budapest

WestEnd, Budapest, Hungary.� BUILDING OF THE YEAR / Polus City Center, Bratislava, Slovakia.2000 - ICSC DEVELOPMENT COMMENDATION / WestEnd City Center, Budapest, Hungary.� MAXI AWARD OF MERIT / WestEnd City Center Grand Opening / Budapest, Hungary.� FIABCI HUNGARY - AWARD / WestEnd City Center Grand Opening / Budapest, Hungary.� HOTELSPEC EUROPEAN HOTEL PLANNING AND DEVELOPMENT / WestEnd Hilton

Budapest / Budapest, Hungary.1999 - ICSC Maxi AWARD / WestEnd City Center / Budapest, Hungary.1999-2006 - BEST OF BUDAPEST / WestEnd City Center / Budapest, Hungary.

Awards

FIABCI Prix D’Excellence 2006, CEPIF & International Herald Tribune CEE Best Developer Award 2007.

SÁNDOR DEMJÁNChairman

ZSOLT SZABÓChief Investment Officer

TOMASZ LISIECKIChief Development Officer

SÁNDOR NYÚLChairman of the Board

ÁRPÁD TÖRÖKChief Executive Officer

GYULA ÁGHÁZIChief Financial Officer

EXECUTIVE MANAGEMENT

Corporate Information

Váci út 3.1062 Budapest, HungaryPhone: +36-1-374-5600

Fax: +36-1-374-5601E-mail: info@trigranit.com

www.trigranit.com

This report was printed in September 2014 on MultiArt Silk made from virgin wood fibre by a mill which is ISO 14001 certified. Steam andelectricity are generated as a by-product of the pulp mill, as well as by the power plant located in the area. The pulp is bleached using anElementary Chlorine Free (ECF) process. Paper and packaging materials are recyclable. The printer of this report is also ISO 14001 certified.