General Shopping Announces Commencement of Exchange Offers

São Paulo, Brazil, May 28, 2026 (GLOBE NEWSWIRE) -- General Shopping e Outlets do Brasil S.A. (the “Company”) (B3: GSHP3) today announces that its subsidiaries General Shopping Investments Limited (“GS Finance”) and General Shopping Investments Limited (“GS Investments” and, together with GS Finance, the “Issuers” and, each, an “Issuer”) have commenced exchange offers (each, an “Exchange Offer” and, jointly, the “Exchange Offers”) in respect of any and all of (i) GS Finance’s 10.000% Regulation S Perpetual Bonds (the “Reg S Senior Perpetual Bonds”), and (ii) GS Investments’ 12.000% Regulation S Perpetual Subordinated Fixed to Floating Rate Notes with Interest Deferral Option (the “Reg S Subordinated Notes” and, together with the Reg S Senior Perpetual Bonds, the “Reg S Notes”).