DFF - J55 II

repaying

Provision of a senior loan of up to EUR 32.4 million to UAB Liepvita (the "Borrower", or the "Company"), to be provided alongside an equivalent loan from a parallel lender for the construction and operation of a multi-phase warehouse development project in Vilnius, Lithuania ("J55" or the "Project" ). The Loan will be provided in two tranches, a committed Tranche 1 totalling EUR 15.6 million (EBRD's portion EUR 7.8 million) for Phase 2 of the Project and an uncommitted Tranche 2 totalling EUR 16.8 million (EBRD's portion EUR 8.4 million) for Phases 3 and 4. The Project is being developed and managed by UAB Sirin Development (the "Sponsor" or "Sirin"), one of the largest regional real estate developers that operates in Lithuania and Latvia.