Market announcement

Title

BALTIC HORIZON FUND CONSOLIDATED UNAUDITED INTERIM RESULTS FOR Q3 2021

Message

Management  Board of  Northern Horizon  Capital AS  (the Management Company) has
approved  the  unaudited  consolidated  interim  financial  statements of Baltic
Horizon Fund (the Fund) for the first nine months of 2021.

Baltic Horizon wins EPRA Gold award
Baltic  Horizon Fund  received a  prestigious award  at the European Public Real
Estate  Association (EPRA) virtual annual conference 2021 for the second year in
a  row. The Fund scored  a "Gold Award" for  the adoption of EPRA Best Practices
Recommendations (BPR) - widely accepted industry standards for the highest level
of  transparency,  comparability  and  compliance  in  financial reporting. EPRA
assessed the financial statements of 181 European listed real estate entities as
part of its annual award process.

Extension of bank loans
On  14 July 2021, the Fund extended  a EUR 7.8 million bank  loan to finance G4S
Headquarters.  According to the agreement, the maturity  date of the loan is 31
October 2022.

On  19 July 2021, the Fund extended  a EUR 2.1 million bank  loan to finance Sky
SC.  According to  the agreement,  the maturity  date of  the loan is 31 January
2022.

Property management
As  of 1st September 2021, CBRE Baltics and Censeo became the partners of Baltic
Horizon  Fund and will be providing  property management, leasing and accounting
services  for the entire portfolio of the  Fund. Censeo will provide services to
the  Lithuanian business centres Duetto and North  Star, as well as to the Domus
Pro  shopping centre and  office complex. CBRE  Baltics will provide services to
the remaining portfolio.

Two buildings receive BREEAM certification
Baltic  Horizon is aiming to certify  all currently operational office assets by
the  end of 2021 using BREEAM In-Use  environmental assessment method. During Q3
2021, the  Fund's North  Star and  G4S Headquarters  properties were awarded the
BREEAM In-Use "Very Good" environmental certification.

Impact of COVID-19 pandemic
At  the beginning  of 2020, a  new coronavirus  (COVID-19) started spreading all
over  the world,  which has  had a  strong impact  on businesses  and economies,
including  in the Baltics.  The virus outbreak  has caused significant shifts in
the Fund's operating environment, which has had a negative overall impact on the
Fund's performance in 2020 and 2021.

At  the end of 2020, the Baltic countries  entered the second round of lockdowns
and  heavy government  restrictions for  residents and  businesses to  fight the
spread  of  the  COVID-19 virus.  Shopping  centres  were  forced to close for a
limited  period except  for essential  retail shops  (groceries, pharmacies). In
summer  2021, all  three  Baltics  countries  eased COVID-19 restrictions as new
virus cases dropped and the situation stabilised. However, COVID-19 cases in all
three  countries started to substantially  increase at the end  of Q3 2021. As a
result of spiking cases, Latvian government decided to reimpose the lockdown for
a period between 21 October to 15 November. At the date of this report, Galerija
Centrs is operating with heavy restrictions.

BHF's  operating  results  of  Q3  2021 were  affected  by the COVID-19 lockdown
effects  on the tenants' financial performance  and the relief measures taken to
deal  with the pandemic. However, broad  diversification of the portfolio should
allow  the Fund to limit the  COVID-19 impacts and maintain healthy consolidated
operational  performance throughout the year. The Fund's operational performance
has  largely  recovered  once  heavy  restrictions  were  lifted  in  all Baltic
countries.

Distributions to unitholders for Q2 2021 and Q3 2021 Fund results
On  28 July 2021, the  Fund declared  a cash  distribution of EUR 1,316 thousand
(EUR  0.011 per  unit)  to  the  Fund  unitholders  for  Q2  2021 results.  This
represents a 0.98% return on the weighted average Q2 2021 net asset value to its
unitholders.

On  28 October 2021, the Fund declared a cash distribution of EUR 2,034 thousand
(EUR  0.017 per  unit)  to  the  Fund  unitholders  for  Q3  2021 results.  This
represents a 1.63% return on the weighted average Q3 2021 net asset value to its
unitholders.

With  reduced  payouts  over  2020 and  2021 in  the  light of prevailing market
uncertainty,  the Fund has opted to retain EUR 6.4 million of distributable cash
flow.  The Management Company of the Fund  will continue to actively monitor the
economic  impact  of  the  pandemic  and  reassess  future  distribution  levels
depending on the upcoming operating results.

Dividend capacity calculation

 EUR '000                               Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021
-------------------------------------------------------------------------------
 (+) Net rental income                    4,799   4,745   4,173   4,357   4,676
-------------------------------------------------------------------------------
 (-) Fund administrative expenses         (682)   (713)   (745)   (756)   (735)
-------------------------------------------------------------------------------
 (-) External interest expenses         (1,327) (1,362) (1,346) (1,311) (1,407)
-------------------------------------------------------------------------------
 (-) CAPEX expenditure(1)                 (230)   (131)    (79)    (92)    (38)
-------------------------------------------------------------------------------
 (+) Added back listing related
 expenses                                   114      85       -       -       -
-------------------------------------------------------------------------------
 (+) Added back acquisition related
 expenses                                     -      26      31       5       9
-------------------------------------------------------------------------------
 Generated net cash flow (GNCF)           2,674   2,650   2,034   2,203   2,505
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
 GNCF per weighted unit (EUR)             0.024   0.022   0.017   0.018   0.021
-------------------------------------------------------------------------------
 12-months rolling GNCF yield(2
 )(%)                                      9.4%    8.6%    7.4%    7.0%    7.0%
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
 Dividends declared for the period        3,111   1,316   1,316   1,316   2,034
-------------------------------------------------------------------------------
 Dividends declared per unit(3
 )(EUR)                                   0.026   0.011   0.011   0.011   0.017
-------------------------------------------------------------------------------
 12-months rolling dividend
 yield(2 )(%)                              7.5%    5.8%    5.4%    5.0%    4.5%
-------------------------------------------------------------------------------

 1. The table provides actual capital expenditures for the quarter. Future
    dividend distributions to unitholders are aimed to be based on the annual
    budgeted capital expenditure plans equalised for each quarter. This will
    reduce the quarterly volatility of cash distributions to unitholders.
 2. 12-month rolling GNCF and dividend yields are based on the closing market
    price of the unit as at the end of the quarter (Q3 2021: closing market
    price of the unit as of 30 September 2021).
 3. Based on the number of units entitled to dividends.

Net profit and net rental income
In  Q1-Q3  2021, the  Group  earned  net  rental  income  of EUR 13.2 million, a
decrease  of 13.1% compared to the net rental income of EUR 15.2 million for Q1-
Q3  2020. Net  rental  income  decreased  due  to the relief measures granted to
tenants  during the pandemic and a  one-off rental guarantee write-off at Pirita
Shopping Centre in the amount of EUR 0.2 million.

Portfolio   properties   in   the   office   segment   contributed  62.4% (Q1-Q3
2020: 55.1%) of  net rental income in Q1-Q3  2021 followed by the retail segment
with   33.0% (Q1-Q3   2020: 40.6%) and  the  leisure  segment  with  4.6% (Q1-Q3
2020: 4.3%).  Retail   assets   located   in   the  central  business  districts
(Postimaja,  Europa and Galerija Centrs)  accounted for 21.8% of total portfolio
net  rental  income  in  Q1-Q3  2021. Total  net  rental  income attributable to
neighbourhood shopping centres was 11.2% in Q1-Q3 2021.

During  Q1-Q3 2021, investment  properties in  Latvia and  Lithuania contributed
36.6% (Q1-Q3  2020: 39.4%) and 37.1% (Q1-Q3  2020: 35.3%) of net  rental income,
respectively,  while investment  properties in  Estonia contributed 26.3% (Q1-Q3
2020: 25.3%).

During  Q1-Q3  2021, the  Group  recorded  a  net loss of EUR 6.9 million (Q1-Q3
2020: a  net loss of EUR 6.9 million). The net result was significantly impacted
by  the one-off negative valuation result of EUR 14.3 million recognised in June
2021 (a valuation loss of EUR 15.8 million recognised in June 2020). Compared to
Q1-Q3   2020, the   Fund  recognised  smaller  valuation  losses  on  investment
properties  but a  decrease in  net rental  income throughout  Q1-Q3 2021 led to
similar net results in Q1-Q3 2021 and 2020. Even with COVID-19 restrictions, the
Fund   managed  to  maintain  positive  operational  performance  of  investment
properties. Excluding the valuation impact on the net result, net profit for Q1-
Q3  2021 would have amounted  to EUR 7.4 million  (Q1-Q3 2020: EUR 8.9 million).
Earnings per unit for Q1-Q3 2021 were negative at EUR 0.06 (Q1-Q3 2020: negative
at  EUR  0.06). Earnings  per  unit  excluding  valuation  losses  on investment
properties amounted to EUR 0.06 (Q1-Q3 2020: EUR 0.08).

Gross Asset Value (GAV)
At  the end of September 2021, the Fund's GAV was EUR 349.6 million (31 December
2020: EUR 355.6 million), which was a drop of 1.7% over the period. The decrease
is mainly related to the negative property revaluation of EUR 14.3 million which
was slightly offset by capital investments in assets and an increase in the cash
balance.  The Group  made capital  investments (EUR  4.0 million) in  the Meraki
office building development project during Q1-Q3 2021. The Fund aims to carry on
with  the  construction  of  the  Meraki  office  building  throughout  2021. An
additional  EUR 0.7 million was invested  in other (re)development projects. The
Management  Company will continue to actively monitor the economic impact of the
pandemic and ensure sufficient liquidity levels during the construction period.

Net Asset Value (NAV)
At  the end of September 2021, the Fund's NAV decreased to EUR 126.1 million (31
December   2020: EUR   136.3 million)  as  a  result  of  a  negative  portfolio
revaluation.  Compared to  the year-end  2020 NAV, the  Fund's NAV  decreased by
7.5%. The  increase  in  operational  performance  and  positive cash flow hedge
reserve  movement of EUR  0.6 million over the  period was offset  by a EUR 3.9
million  dividend distribution to the unitholders. As at 30 September 2021, IFRS
NAV  per unit stood at EUR 1.0539 (31 December 2020: EUR 1.1395), while EPRA net
tangible  assets and EPRA  net reinstatement value  were EUR 1.1273 per unit (31
December  2020: EUR 1.2219). EPRA net disposal value was EUR 1.0552 per unit (31
December 2020: EUR 1.1435).

Investment properties
The Baltic Horizon Fund portfolio consists of 15 cash flow investment properties
in  the Baltic  capitals and  an investment  property under  construction on the
Meraki  land plot. At the end of Q3 2021, the fair value of the Fund's portfolio
was  EUR 330.9 million (31 December  2020: EUR 340.0 million) and incorporated a
total net leasable area of 153,351 sq. m. During Q3 2021, the Group invested EUR
0.1 million   in  the  existing  property  portfolio,  EUR  0.2 million  in  the
reconstruction  projects  and  an  additional  EUR  2.1 million  in  the  Meraki
development project.

Interest bearing loans and bonds
During  Q1-Q3 2021, the Fund completed a  private placement of 18 months secured
bonds  of EUR  4.0 million. The  bonds bear  a fixed-rate coupon of 5.0% payable
semi-annually.  The net proceeds from the issuance of the bonds will be used for
financing  the construction of the Meraki  office building. The bonds are issued
in  tranches to match the  financing and investment cash  flows for the project.
After  the bond subscription  interest-bearing loans and  bonds (excluding lease
liabilities)  increased  to  EUR  209.3 million  (31  December  2020: EUR 205.6
million).  Outstanding bank  loans decreased  slightly due  to regular bank loan
amortisation.   Annual   loan  amortisation  accounts  for  0.2% of  total  debt
outstanding.

Cash flow
Cash  inflow from core operating activities  for Q1-Q3 2021 amounted to EUR 9.7
million  (Q1-Q3  2020:  cash  inflow  of  EUR  11.9 million).  Cash outflow from
investing  activities was EUR 4.0 million (Q1-Q3  2020: cash outflow of EUR 2.5
million)  due to subsequent capital expenditure on existing portfolio properties
and  investments  in  the  Meraki,  Postimaja  and  CC  Plaza complex and Europa
development projects. Cash outflow from financing activities was EUR 4.4 million
(Q1-Q3 2020: cash outflow of EUR 10.9 million). During Q1-Q3 2021, the Fund made
a  cash distribution of EUR 3.9 million and  paid regular interest on bank loans
and  bonds.  At  the  end  of  Q3  2021, the  Fund's  consolidated cash and cash
equivalents  amounted to  EUR 14.6 million  (31 December 2020: EUR 13.3 million)
which demonstrates sufficient liquidity and financial flexibility.

Key earnings figures

 EUR '000                                        Q3 2021     Q3 2020 Change (%)
-------------------------------------------------------------------------------
 Net rental
 income                                            4,676       4,799     (2.6%)

 Administrative
 expenses                                          (735)       (682)       7.8%

 Other operating
 income                                                4           -          -

 Valuation losses on investment properties           (5)         (4)      25.0%

 Operating
 profit                                            3,940       4,113     (4.2%)

 Net financing
 costs                                           (1,470)     (1,367)       7.5%

 Profit before
 tax                                               2,470       2,746    (10.1%)

 Income tax                                        (127)       (153)    (17.0%)
-------------------------------------------------------------------------------
 Net profit for the
 period                                            2,343       2,593     (9.6%)
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
     Weighted average number of units
            outstanding (units)              119,635,429 113,387,525       5.5%

 Earnings per unit
 (EUR)                                              0.02        0.02          -
-------------------------------------------------------------------------------

Key financial position figures

 EUR '000                                     30.09.2021  31.12.2020 Change (%)
-------------------------------------------------------------------------------
 Investment properties in use                    324,788     334,518     (2.9%)

 Investment property under
 construction                                      6,072       5,474    (10.9%)

 Gross asset value (GAV)                         349,555     355,602     (1.7%)



 Interest-bearing loans and bonds                209,346     205,604       1.8%

 Total
 liabilities                                     223,476     219,281       1.9%


-------------------------------------------------------------------------------
 IFRS Net asset value (IFRS NAV)                 126,079     136,321     (7.5%)

 EPRA Net Reinstatement Value
 (EPRA NRV)                                      134,864     146,180     (7.7%)
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
 Number of units outstanding
 (units)                                     119,635,429 119,635,429          -

 IFRS Net asset value (IFRS NAV) per unit
 (EUR)                                            1.0539      1.1395     (7.5%)

 EPRA Net Reinstatement Value (EPRA NRV) per
 unit (EUR)                                       1.1273      1.2219     (7.7%)
-------------------------------------------------------------------------------

-------------------------------------------------------------------------------
 Loan-to-Value ratio (%)                           63.3%       60.5%          -

 Average effective interest rate
 (%)                                                2.7%        2.6%          -
-------------------------------------------------------------------------------


Property performance
During  Q3 2021, the  average actual  occupancy of  the portfolio  was 93.1% (Q2
2021: 93.9%). The  occupancy  rate  as  of  30 September 2021 was 92.9% (30 June
2021: 93.7%). Occupancy  rates in the  retail segment dipped,  mostly due to the
Europa  SC reconstruction as part of the premises were temporarily vacated to be
reconstructed in upcoming months. Occupancy rates in the office segment remained
strong,  but slightly decreased resulting from  a temporary vacancy in Domus PRO
Office at the end of Q3 2021. This building was once again fully occupied at the
beginning  of November as a new tenant moved to the vacant premises. The average
direct  property yield during Q3  2021 was 5.4% (Q2 2021: 5.2%). The net initial
yield  for the  whole portfolio  for Q3  2021 was 5.8% (Q2 2021: 5.5%). Property
yields  increased compared to Q2 2021 albeit  rent vacancies and relief measures
are  still affecting  the Fund's  performance. The  average rental  rate for the
whole  portfolio for Q3 2021 was  EUR 12.2 per sq. m  (Q2 2021: EUR 11.3 per sq.
m).

Overview of the Fund's investment properties as of 30 September 2021

                                                                Net
                                                   Direct   initial
 Property name   Sector         Fair             property     yield
                            value(1)      NLA       yield        Q3   Occupancy
                          (EUR '000) (sq. m.)  Q3 2021(2)   2021(3)    rate for
-------------------------------------------------------------------------------
 Vilnius,
 Lithuania

 Duetto I        Office       16,569    8,587        8.0%      7.2%      100.0%

 Duetto II       Office       19,455    8,674        7.4%      7.1%      100.0%

 Europa SC       Retail       35,284   16,856        2.7%      2.9%       82.0%

 Domus Pro       Retail
 Retail Park                  16,241   11,247        8.3%      8.0%       99.5%

 Domus Pro       Office
 Office                        7,620    4,831        8.9%      7.6%       91.6%

 North Star      Office       18,999   10,550        6.0%      6.6%       89.7%

 Meraki Land                   6,072        -           -         -           -
-------------------------------------------------------------------------------
 Total Vilnius               120,240   60,745        5.9%      5.9%       92.5%
-------------------------------------------------------------------------------
 Riga, Latvia

 Upmalas Biroji  Office
 BC                           21,244   10,459        7.4%      8.3%      100.0%

 Vainodes I      Office       18,141    8,052        6.7%      8.0%      100.0%

 LNK Centre      Office       16,124    7,453        6.4%      6.8%      100.0%

 Sky SC          Retail        4,916    3,254        7.3%      7.5%       96.9%

 Galerija Centrs Retail       65,181   20,022        2.6%      3.0%       80.6%
-------------------------------------------------------------------------------
 Total Riga                  125,606   49,240        4.6%      5.3%       91.9%
-------------------------------------------------------------------------------
 Tallinn,
 Estonia

 Postimaja & CC  Retail
 Plaza complex                29,852    9,145        3.4%      4.1%       92.9%

 Postimaja & CC  Leisure
 Plaza complex                14,260    8,664        9.1%      7.6%      100.0%

 G4S             Office
 Headquarters                 15,401    9,179        7.7%      7.8%      100.0%

 Lincona         Office       15,911   10,870        7.2%      7.1%       90.3%

 Pirita SC       Retail        9,590    5,508        5.9%      7.7%       88.5%
-------------------------------------------------------------------------------
 Total Tallinn                85,014   43,366        5.9%      6.3%       94.6%
-------------------------------------------------------------------------------
 Total portfolio             330,860  153,351        5.4%      5.8%       92.9%
-------------------------------------------------------------------------------

 1. Based on the latest valuation as at 30 June 2021, subsequent capital
    expenditure and recognised right-of-use assets.
 2. Direct property yield (DPY) is calculated by dividing annualized NOI by the
    acquisition value and subsequent capital expenditure of the property.
 3. The net initial yield (NIY) is calculated by dividing annualized NOI by the
    market value of the property.

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

                                                              01.01.2021- 01.01.2020-
 EUR '000       01.07.2021- 30.09.2021 01.07.2020- 30.09.2020  30.09.2021  30.09.2020
-------------------------------------------------------------------------------------
 Rental income                   5,332                  5,267      14,844      16,549

 Service charge
 income                          1,271                  1,245       3,697       3,749

 Cost of rental
 activities                    (1,927)                (1,713)     (5,335)     (5,109)
-------------------------------------------------------------------------------------
 Net     rental
 income                          4,676                  4,799      13,206      15,189
-------------------------------------------------------------------------------------


 Administrative
 expenses                        (735)                  (682)     (2,236)     (2,205)

 Other
 operating
 income                              4                      -           4         186

 Valuation
 losses      on
 investment
 properties                        (5)                    (4)    (14,264)    (15,757)
-------------------------------------------------------------------------------------
 Operating
 profit (loss)                   3,940                  4,113     (3,290)     (2,587)
-------------------------------------------------------------------------------------


 Financial
 income                              -                      1           1           3

 Financial
 expenses                      (1,470)                (1,368)     (4,222)     (4,118)
-------------------------------------------------------------------------------------
 Net  financing
 costs                         (1,470)                (1,367)     (4,221)     (4,115)
-------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------
 Profit  (loss)
 before tax                      2,470                  2,746     (7,511)     (6,702)
-------------------------------------------------------------------------------------
 Income     tax
 charge                          (127)                  (153)         632       (161)
-------------------------------------------------------------------------------------
 Profit  (loss)
 for the period                  2,343                  2,593     (6,879)     (6,863)
-------------------------------------------------------------------------------------


 Other
 comprehensive
 income that is
 or    may   be
 reclassified
 to  profit  or
 loss        in
 subsequent
 periods

 Net       gain
 (loss) on cash
 flow hedges                       168                    (3)         619       (227)

 Income     tax
 relating    to
 net       gain
 (loss) on cash
 flow hedges                       (3)                    (2)        (34)          13
-------------------------------------------------------------------------------------
 Other
 comprehensive
 income
 (expense), net
 of  tax,  that
 is  or  may be
 reclassified
 to  profit  or
 loss        in
 subsequent
 periods                           165                    (5)         585       (214)
-------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------
 Total
 comprehensive
 income
 (expense)  for
 the    period,
 net of tax                      2,508                  2,588     (6,294)     (7,077)
-------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------
 Basic      and
 diluted
 earnings   per
 unit (EUR)                       0.02                   0.02      (0.06)      (0.06)
-------------------------------------------------------------------------------------


CONSOLIDATED STATEMENT OF FINANCIAL POSITION

  EUR '000                                 30.09.2021   31.12.2020
-------------------------------------------------------------------
  Non-current assets

  Investment properties                       324,788      334,518

  Investment property under construction        6,072        5,474

  Property, plant and equipment                     3            2

  Other non-current assets                         22           22
-------------------------------------------------------------------
  Total non-current assets                    330,885      340,016
-------------------------------------------------------------------


  Current assets

  Trade and other receivables                   3,523        1,901

  Prepayments                                     549          352

  Cash and cash equivalents                    14,598       13,333
-------------------------------------------------------------------
  Total current assets                         18,670       15,586
-------------------------------------------------------------------
  Total assets                                349,555      355,602
-------------------------------------------------------------------


  Equity

  Paid in capital                             145,200      145,200

  Cash flow hedge reserve                     (1,076)      (1,661)

  Retained earnings                          (18,045)      (7,218)
-------------------------------------------------------------------
  Total equity                                126,079      136,321
-------------------------------------------------------------------


  Non-current liabilities

  Interest-bearing loans and borrowings       140,611      195,670

  Deferred tax liabilities                      5,407        6,009

  Derivative financial instruments              1,060        1,736

  Other non-current liabilities                 1,136        1,026
-------------------------------------------------------------------
  Total non-current liabilities               148,214      204,441
-------------------------------------------------------------------


  Current liabilities

  Interest-bearing loans and borrowings        69,220       10,222

  Trade and other payables                      4,719        3,640

  Income tax payable                                4            1

  Derivative financial instruments                 84           27

  Other current liabilities                     1,235          950
-------------------------------------------------------------------
  Total current liabilities                    75,262       14,840
-------------------------------------------------------------------
  Total liabilities                           223,476      219,281
-------------------------------------------------------------------
  Total equity and liabilities                349,555      355,602
-------------------------------------------------------------------


For more information please contact:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=AlWmqb-
vS8wwTu7sVX9kB9wyRefK_1bM1fBVupeSItdrWnwG8aESPNPlQsMM70fYBFWunfiyDaUZFDMQWp5n20-
EwkSXgSV-JCdxqO7eo5Q=)
www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=1jegeeeOqfAgyyV8B56w6trwSwgVQnQDdvJN
0zZBKv0TUNzwEVUM5aDSFdipkiXlN4cI8xj_bQGi2UGnLuWal2PSMy4hEjo8ciW9xO__hQE=)

The  Fund is a registered contractual public closed-end real estate fund that is
managed  by Alternative Investment Fund  Manager license holder Northern Horizon
Capital  AS. Both  the Fund  and the  Management Company  are supervised  by the
Estonian Financial Supervision Authority.

This announcement contains information that the Management Company is obliged to
disclose  pursuant  to  the  EU  Market  Abuse  Regulation.  The information was
submitted  for publication,  through the  agency of  the above  distributors, at
20:10 EET on 4 November 2021.