LAMDA DEVELOPMENT S.A.

Commencement of the process for the merger of subsidiary companies: absorption of MC Property Management S.M.S.A. by Malls Management Services S.M.S.A.

Commencement of the process for the merger of subsidiary companies: absorption of MC Property Management S.M.S.A. by Malls Management Services S.M.S.A.

Announcement regarding business developments