LEVANTE, UNION DEPORTIVA, S.A.D.

SHAREHOLDERS ANNUAL MEETING

By agreement of the Board of Directors, the Shareholders of “Levante UD, Sociedad Anónima Deportiva" are summoned to an Ordinary General Meeting, to be held in the Assembly Hall of the Bancaja Cultural Centre, with entrance on Calle General Tovar , No. 3, Valencia, on 21st December this year at 6:00p.m., in the first instance , and in the second instance, if applicable, on 22nd December 2020 at 6:00 p.m., to discuss the matters that are contained in the following agenda

FIRST.- Examination and approval, if applicable, of the Annual Accounts (Balance Sheet, Profit and Loss Accounts, and Journal), Management Report and Audit Report and Proposal for the Application of Results of "Levante, U.D., Sociedad Anónima Deportiva", all relating to the 2019/2020 financial year, as well as the management of its Administrators.

SECOND.- Examination and approval, where appropriate, of the Income and Expense Budget for the 2020 / 2021 financial year.

THIRD.- Dismissal and appointment of auditors.

FOURTH.- Appointment of Trustees of the Fundació de la Comunitat Valenciana CENT ANYS by Levante, U.D., S.A.D.

FIFTH.- Approval of the minutes and, where appropriate, appointment of auditors.

The Shareholders are informed of their right to obtain from the Company, immediately and free of charge, the documents that are submitted for approval by the General Meeting, including the management report and the Auditors' Accounts report: as well as requesting free delivery or transmission of said documents.

YOU CAN OBTAIN THE DOCUMENTS OF THE AUDITOR’S REPORT AND ANNUAL ACCOUNTS FOR THE 2019-20 SEASON BY CLICKING HERE

Likewise, the Shareholders are informed that, according to article 11 of the Company's Bylaws, to attend the Meeting it will be necessary to own 10 shares. In order to obtain this minimum, shareholders with fewer shares may group together by designating one of them for representation and attendance, with written communication accredited prior to the meeting being sufficient for this purpose.

In accordance with the provisions of article 172 of the Capital Companies Act, the shareholders who are holders of at least five percent of the capital stock are informed that they may request the publishing of additional information, including one or more items on the Agenda.

PROVISION OF SPECIAL MEASURES FOR THE BOARD MEETING WITH REGARD TO CORONAVIRUS EXTENSION

In relation to the current health situation arising from COVID-19 and the risk to public health it entails, shareholders are informed that, if on the dates set for the holding of the Meeting, any measures taken by the administrative authorities to control the spread of COVID-19 that prevent or limit the holding of the Meeting with the physical presence of shareholders, the Company, in accordance with the provisions of article 40.1 of Royal Decree-Law 8/2020, of 17th March, undertaking extraordinary urgent measures to face the economic and social impact of COVID-19, may determine that the Meeting is held on the same dates and time provided in this announcement exclusively virtually, that is, with virtual attendance from the shareholders or their representatives, and therefore, without physical attendance from them, with the exception, where appropriate, of the Chairman and Secretary of the Board, and the essential support staff and with the necessary security and distancing measures in place. In this case, the Company will set up a platform on its corporate website to facilitate remote attendance at the Meeting for the shareholders or their representatives, and where appropriate, if the circumstances so require, for the Chairman and Secretary of the Meeting, and the other members of the Board of Directors and the support staff deemed essential for holding the Meeting.

In any case, if any events arise regarding the extension of the coronavirus and the corresponding measures that may be adopted by the administrative or health authorities, the Company will update the information contained in this notice, for which reason shareholders are recommended to review periodically the information available on the Company’s corporate website https://www.levanteud.com/es.

In Valencia, on the nineteenth of November, two thousand and twenty. SECRETARY OF THE BOARD OF DIRECTORS, Jorge Francisco Lucas Diranzo.