MESSAGE FROM THE CHAIRMAN

Francisco Montoro Alemán

Chairman – CEO

Dear shareholders, clients and collaborators,

It is a pleasure to be addressing you for another year, on this occasion, to share the highlights of Gmp’s business in 2019 and its outlook for the future.

In the current context of the health crisis generated by the global coronavirus pandemic, my first message is to wish you well or a speedy recovery, if you or your loved ones are affected by COVID-19. Later, I will refer to the potential impact of this crisis on Gmp.

Last year was a milestone in the history of the Company, as we celebrated our 40th anniversary. It fills all of us at Gmp with pride and satisfaction to celebrate 40 years of business operations and, for this reason, I would like to express our appreciation for the founder of the Company, Francisco Montoro Muñoz. His pioneering focus at the end of the 1970s on property-owning real estate business, specialising in the office segment and centred on delivering quality and customer service, set us firmly on the course we have followed up to the present day. In recent years, many other companies have adopted the REIT regime, with a property-owning business model too, but in Spain back in the early 1980s, this vision was disruptive and laid the foundations for Gmp to become one of the leading real estate companies in Spain in the office sector.

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