The board of directors of MAS announce the appointment of Raluca uzuleac as Executive Director and Deputy CFO of MAS, effective 6 December 2021. Raluca has 15-years of real estate and finance industry experience, and was Operations Director of MAS Group since November 2019. She holds a degree in management and started her career at PricewaterhouseCoopers Romania. Prior to her current role, Raluca held senior management positions with extensive responsibility in finance and operations with NEPI (currently NEPI Rockcastle), Prime Kapital and MAS. Shareholders are aware of excellent progress in respect of the Group's transition towards a fully focused Central and Eastern Europe ("CEE") property investor and operator since the transaction with Prime Kapital in November 20191, and the appointment of Prime Kapital founders Martin Slabbert and Victor Semionov as Executive Directors of MAS. The terms of the transaction included a mandate of up to three years for the appointed executives to oversee the re-positioning and transitioning of the business, prior to them returning to Prime Kapital on a full-time basis. MAS' ongoing, pre-dating, commercial relationship with Prime Kapital via the Development Joint Venture ("DJV")2, which is expected to have a major long-term positive impact on the Group's financial performance, as well as Prime Kapital's position as MAS' largest shareholder suggest it to be of strategic importance and mutually beneficial for both parties to remain closely connected for the foreseeable future, with independent executives. Raluca's appointment as Deputy CFO, following on the additional appointments on 26 August 2021 of CFO Irina Grigore as Deputy CEO and Dan Petrisor as Executive Director, positions the Group to ensure seamless succession towards management of MAS by Executive Directors with no affiliation to, or interest in, Prime Kapital by the completion of the mandate. Further to this, following the Company's recent redomiciliation to Malta some core functions are to be housed in Malta. The Group announced the appointment of Nathalie Vella as the Group's Company Secretary, effective now, replacing Timothy Mark Callister. Nathalie is based in Malta and has extensive experience with respect to Maltese companies' regulations and relevant legislation.