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PANORAMA delivered strong results in Q3, with visitor footfall increasing by 7% and tenant sales growing by 10% compared to the same period last year. One of the most notable developments was in the homeware category, where retail space expanded by 48% year on year. This growth was driven by the arrival of new brands, Zara Home and Carol Home, while Lartusi, which opened earlier this year, continues to strengthen the category's offering. The expanded retail space and broader product selection contributed to a significant 56% increase in category sales. “We are seeing steadily growing customer interest in home interiors and lifestyle products, which is why we are strategically expanding this category. Our goal is to offer visitors greater choice and a carefully selected mix of brands that reflect evolving consumer needs,” says Birutė Kalanovaitė, General Manager of PANORAMA shopping centre. The food and beverage category also performed strongly in Q3, with restaurant and café sales increasing by 16%, while sales in the Gourmet segment grew by 8%. Gourmet has maintained consistent growth since its launch, reflecting increasing customer demand for high-quality food and culinary experiences. In September, the clothing, footwear and jewellery categories also recorded positive momentum, contributing to the shopping centre's overall performance. Our Q3 results demonstrate the value of a strong tenant mix, the introduction of new brands and a focused approach to category development. Together, these efforts create long-term value for our visitors and business partners, while further strengthening PANORAMA's competitive position in the retail market.

Responsible business begins with a long-term view of its role in society. ✨ We are proud to be among the top 500 taxpayers in Lithuania in 2025. This recognition reflects the value of consistent work, responsibility, and a long-term approach that contributes not only to business growth, but also to the country’s economy, public services, and public trust. We sincerely thank our partners, tenants, team, and visitors – together, we are helping build a responsible, strong, and growing Lithuania. 🇱🇹

Located on our second floor, Elesen is shaping a story that reminds us: the decisive factor is often not the location itself, but what is created within it. ✨ Following a focused rebrand and the implementation of a new store concept, they have not only strengthened their business performance but also earned international recognition – being named among the Top 30 retail design nominees worldwide. This is a significant achievement in the context of the Baltic market. As Elesen’s CEO, Paulius Lingys, notes, growth in today’s market requires clarity of direction: “From the very beginning, the goal was a simpler and clearer shopping experience. When customers can easily navigate the space, they notice more, stay longer, and ultimately purchase more – PANORAMA’s results confirm this.” According to Birutė Kalanovaitė, CEO of PLC Panorama: “Retail is a science of its own. A floor in a shopping center is not a panacea – just like a name. Results are driven by strong fundamentals: a clear customer experience, logical layout, a well-trained team, and the ability to understand a customer in a hurry. It often requires more effort than relying on passing footfall, but this is exactly what builds sustainable return visits.” Over the past year, visitor traffic at PANORAMA grew by more than 8.5%, while tenants’ turnover increased by around 6%. The second floor? Sometimes, that’s exactly where the strongest stories begin. We are proud to see our community members grow, transform boldly, and set standards recognized beyond Lithuania – creating a place customers remember and return to.

Basketball in Lithuania is more than a sport. 🏀 It is a vital part of our culture and sense of community. We continue our partnership with “BC Rytas Vilnius”. As a shopping centre in Vilnius, we feel the rhythm of the city every day. By supporting the capital’s team, we support the people of Vilnius – their ambition, forward momentum, and togetherness. For us, this partnership is about the city we are building together. CEO of SLC “Panorama” Birutė Kalanovaitė: “Our goal is not only to support sport, but also to contribute to strengthening Vilnius. We believe that cooperation with the capital’s representative team – BC Rytas Vilnius – creates value for the city and its people.” We support sport consistently because it resonates with our visitors – active, driven, and living the rhythm of the city. We act with purpose: for the third year, we continue our partnership with “Parateam”, an elite paralympic academy fostering inclusion, development, and courage. 🧡

PANORAMA – steady growth and a strengthening community ☀️ In 2025, visitor traffic at PANORAMA continued to grow – we welcomed 8.5% more visitors than in 2024, with double-digit growth recorded in most months. At the same time, tenant turnover increased by 6%, reaching €164 million. The strongest growth was recorded in the home goods segment, as well as in #gourmet food, beverage and confectionery concepts – with more than 50 such locations currently operating at PANORAMA. Our CEO, Birutė Kalanovaitė, notes: “The recently completed renovation of PANORAMA’s spaces has significantly enhanced the visitor experience. We are seeing growth not only in overall footfall, but also in our community of loyal visitors. People come here not only to shop, but also to work remotely for a while or to meet in our spaces.” Consistent investment in upgrades, the renovation completed in 2024, and our BREEAM Excellent certification enable PANORAMA to remain a dynamic destination for quality and good taste – a place people enjoy returning to 🫶 This year, visitors can also look forward to new openings – #UogaUoga, #Eurokos and #ZaraHome will be opening soon.

A moment of silence in the middle of the city rush. 🖤 On February 28, PANORAMA welcomes Ray Bartkus’ installation “Black Cube”, created in collaboration with MO Museum. More than an artwork, it’s an experience: a light-absorbing cube, mirrored landscapes, and an illusion of infinite space – inviting visitors to pause and experience visual stillness in today’s constant noise. At PANORAMA, we create spaces that inspire and bring culture closer to people. Open until March 27 | Free entry