As security for the discharge of the senior liabilities (as defined in the charging instrument), each subordinated creditor (as defined in the charging instrument) assigns to the original lender (as defined in the charging instrument) (acting in its own name but on the account (na rachunek) of all the lenders (as defined in the charging instrument) all its monetary claims under the existing subordinated loans (as defined under the charging instrument) against pdc industrial center 166 sp. Z O.O. with its registered office in warsaw, at plac europejski 1, 00-844 warsaw, entered in the register of entrepreneurs of the national court register (krqjowy rejestr sqdowy) kept by the district court for the capital city of warsaw in warsaw, xii commercial division of the national court register, under krs number 0000881426, regon number 388109526, nip number 5252850338, with the share capital in the amount of pln 5,000 (including the claim for the repayment of the principal amount of the subordinated loan (as defined in the charging instrument), payment of interest accruing on the subordinated loan (as defined in the charging instrument) and other amounts payable to that subordinated creditor (as defined in the charging instrument) under the respective agreement under which the subordinated loan (as defined in the charging instrument) has been granted), provided, however, that, in relation to the claims under subordinated loans (as defined in the charging instrument) which do not exist at the date of the attached charging instrument, the assignment shall become effective immediately upon such claims coming into existence (but subject to the occurrence of the suspensive conditions referred to in the charging instrument).

Financial pledge (zastaw fmansowy) on the basis of article 5 section 1 item 2 of the act dated 2 april 2004 on specified financial collateral (ustawa z dnia 2 kwietnia 2004 R. o niektorych zabezpieczeniach finansowych - unified text dz. U. of 2012, item 942, as amended) encumbering 50 non-preference shares in the share capital of the pdc industrial center 166 sp. Z O.O. with its registered office in warsaw, at plac europejski 1, 00-844 warsaw, entered in the register of entrepreneurs of the national court register (krajowy rejestr sqdowy) kept by the district court for the capital city of warsaw in warsaw, xii commercial division of the national court register, under krs number 0000881426, regon number 388109526, nip number 5252850338, with a nominal value of pln 50 each owned by kajima properties (europe) limited as of the date of the charging instrument in order to secure the secured claim (as defined in the attached charging instrument) up to the amount of eur 54,049,500 (fifty four million forty nine thousand five hundred euro).

Share pledge over 50 non-preference shares in the share capital of pdc industrial center 166 sp. Z O.O. with its registered office in warsaw, at plac europejski 1, 00-844 warsaw, entered in the register of entrepreneurs of the national court register (krajowy rejestr sqdowy) kept by the district court for the capital city of warsaw in warsaw, xii commercial division of the national court register, under krs number 0000881426, regon number 388109526, nip number 5252850338, with a nominal value of pln 50 each owned by kajima properties (europe) limited as on the date of the charging instrument such share pledge up to the maximum security amount equal to eur 54,049,500 (fifty four million forty nine thousand five hundred euro) as security for the discharge of the secured claim (as defined in the attached charging document).

Share pledge over 50 non-preference shares in the share capital of pdc industrial center 166 sp. Z O.O. with its registered office in warsaw, at plac europejski 1, 00-844 warsaw, entered in the register of entrepreneurs of the national court register (krajowy rejestr sqdowy) kept by the district court for the capital city of warsaw in warsaw, xii commercial division of the national court register, under krs number 0000881426, regon number 388109526, nip number 5252850338 with a nominal value of pln 50 each, owned by kajima properties (europe) limited up to the maximum security amount equal to pln 57,000,000 (fifty seven million zlotys) as security for the discharge of the secured claim (as defined in the charging instrument).

Financial pledge (zastaw flnansowy) on the basis of article 5 section 1 item 2 of the act dated 2 april 2004 on specified financial collateral (ustawa z dnia 2 kwietnia 2004 R. o niektorych zabezpieczeniach finansowych — unified text dz. U of 2012, item 942, as amended) encumbering 50 non-preference shares in the share capital of pdc industrial center 166 sp. Z O.O. with its registered office in warsaw, at plac europejski 1, 00-844 warsaw, entered in the register of entrepreneurs of the national court register (krajowy rejestr sqdowy) kept by the district court for the capital city of warsaw in warsaw, xii commercial division of the national court register, under krs number 0000881426, regon number 388109526, nip number 5252850338 with a nominal value of pln 50 each, owned by kajima properties (europe) limited as on the date of the attached charging instrument in order to secure the secured claim (as defined in the charging instrument) up to the amount of pln 57,000,000 (fifty seven million zlotys).

To secure the registered pledge secured claim 1 (as defined in the charging instrument), kajima properties (europe) limited establishes in favour of powszechna kasa oszczędności bank polski S.a a first- ranking registered pledge over 50 shares with a nominal value of pln 50.00 each in the capital of pdc industrial center 232 sp. Z O.O. up to the maximum secured amount of eur 79,500,000.

Kajima properties (europe) limited establishes in favour of powszechna kasa oszczędności bank polski S.a a first-ranking financial pledge over 50 shares of pln 50.00 each in the capital of pdc industrial center 232 sp. Z O.O. to secure the claim of powszechna kasa oszczędności bank polski S.a towards pdc industrial center 232 sp. Z O.o for repayment of the pdc industrial center 232 sp. Z O.'s liabilities under investment facility 2 (as defined in the charging instrument), including, without limitation, the principal amount, interest (including default interest), fees, charges and costs (including enforcement costs) in connection with that facility.

To secure registered pledge secured claim 2 (as defined in the charging instrument), kajima properties (europe) limited establishes in favour of powszechna kasa oszczędności bank polski S.A. a first- ranking registered pledge over 50 shares of pln 50.00 each in the capital of pdc industrial center 232 sp. Z O.o up to the maximum secured amount of pln 52,500,000.

Kajima properties (europe) limited establishes in favour of powszechna kasa oszczędności bank polski S.a a first-ranking financial pledge over 50 shares of pln 50.00 each in the capital of pdc industrial center 232 sp. Z O.O. to secure the claim of powszechna kasa oszczędności bank polski S.a towards pdc industrial center 232 sp. Z O.o for repayment of pdc industrial center 232 sp. Z O.o's liabilities under investment facility 1 (as defined in the charging instrument), including, without limitation, the principal amount, interest (including default interest), fees, charges and costs (including enforcement costs) in connection with that facility.

Kajima properties (europe) limited establishes in favour of powszechna kasa oszczędności bank polski S.a a first-ranking financial pledge over 50 shares of pln 50.00 each in the capital of pdc industrial center 232 sp. Z O.O. to secure the claim of powszechna kasa oszczędności bank polski S.a towards pdc industrial center 232 sp. Z O.o for repayment of the pdc industrial center 232 sp. Z O.'s liabilities under the vat facility (as defined in the charging instrument), including, without limitation, the principal amount, interest (including default interest), fees, charges and costs (including enforcement costs) in connection with that facility.

As security for repayment of the senior debt (as defined in the charging instrument) kajima properties (europe) limited unconditionally assigns to powszechna kasa oszczędności bank polski S.A. (I) its monetary claims pertaining to the subordinated debt (as defined in the charging instrument) in respect of the financial indebtedness ( as defined in the charging instrument); and (ii) all its monetary claims pertaining to the subordinated debt (as defined in the charging instrument) in respect of the financial indebtedness (as defined in the charging instrument) which will arise during the security period (as defined in the charging instrument), substantially on the terms and conditions set out in the charging instrument.

Kajima properties (europe ) limited establishes in favour of powszechna kasa oszczędności bank polski S.a a first-ranking financial pledge over 50 shares of pln 50.00 each in the capital of pdc industrial center 232 sp. Z O.O. to secure the claim of powszechna kasa oszczędności bank polski S.a towards pdc industrial center 232 sp. Z O.o for repayment of the pdc industrial center 232 sp. Z O.'s liabilities under development facility 2 (as defined in the charging instrument), including, without limitation, the principal amount, interest (including default interest), fees, charges and costs (including enforcement costs) in connection with that facility.

Kajima properties (europe ) limited establishes in favour of powszechna kasa oszczędności bank polski S.a a first-ranking financial pledge over 50 shares of pln 50.00 each in the capital of pdc industrial center 232 sp. Z O.O. to secure the claim of powszechna kasa oszczędności bank polski S.a towards pdc industrial center 232 sp. Z O.o for repayment of pdc industrial center 232 sp. Z O.o's liabilities under development facility 1 (as defined in the charging instrument), including, without limitation, the principal amount, interest (including default interest), fees, charges and costs (including enforcement costs) in connection with that facility.

Kajima properties (europe) limited establishes, in accordance with the polish act on financial collaterals, in favour of santander bank polska S.A. a first-ranking financial pledge over its 50 shares of pln 50.00 each in the capital of pdc industrial center 167 sp. Z O.o to secure the claim of santander bank polska S.A. towards pdc industrial center 167 sp. Z O.o for repayment of pdc industrial center 167 sp. Z O.o's liabilities under investment facility (as defined in the charging instrument), including, without limitation, the principal amount, interest (including default interest), fees, charges and costs (including enforcement costs) in connection with that facility.

Kajima properties (europe) limited establishes, in accordance with the polish act on financial collaterals, in favour of santander bank polska S.A. a first-ranking financial pledge over its 50 shares of pln 50.00 each in the capital of pdc industrial center 167 sp. Z O.o to secure the claim of santander bank polska S.A. towards pdc industrial center 167 sp. Z O.o for repayment of pdc industrial center 167 sp. Z O.o's liabilities under development facility (as defined in the charging instrument), including, without limitation, the principal amount, interest (including default interest), fees, charges and costs (including enforcement costs) in connection with that facility.

To secure the registered pledge secured claim 1 (as defined in the charging instrument), kajima properties (europe) limited establishes in favour of santander bank polska S.A. a first- ranking registered pledge over 50 shares with a nominal value of pln 50.00 each in the capital of pdc industrial center 167 sp. Z O.O. such shares being owned by kajima properties (europe) limited up to the maximum secured amount of eur 21,713,730.

Kajima properties (europe) limited establishes, in accordance with the polish act on financial collaterals, in favour of santander bank polska S.A. a first-ranking financial pledge over its 50 shares of pln 50.00 each in the capital of pdc industrial center 167 sp. Z O.o to secure the claim of santander bank polska S.A. towards pdc industrial center 167 sp. Z O.o for repayment of pdc industrial center 167 sp. Z O.o's liabilities under vat facility (as defined in the charging instrument), including, without limitation, the principal amount, interest (including default interest), fees, charges and costs (including enforcement costs) in connection with that facility.

To secure the registered pledge secured claim 2 (as defined in the charging instrument), kajima properties (europe) limited establishes in favour of santander bank polska S.A. a first- ranking registered pledge over 50 shares with a nominal value of pln 50.00 each in the capital of pdc industrial center 167 sp. Z O.O. such shares being owned by kajima properties (europe) limited up to the maximum secured amount of pln 23,250,000.

As security for repayment of the senior debt (as defined in the charging instrument) kajima properties (europe) limited unconditionally assigns to santander bank polska S.A. (I) its monetary claims pertaining to the subordinated debt (as defined in the charging instrument) in respect of the financial indebtedness ( as defined in the charging instrument); and (ii) all its monetary claims pertaining to the subordinated debt (as defined in the charging instrument) in respect of the financial indebtedness (as defined in the charging instrument) which will arise during the security period (as defined in the charging instrument), substantially on the terms and conditions set out in the charging instrument.