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Arundel AG

Gotthardstrasse 21,

CH‐8002 Zürich,

Switzerland

www.arundel‐ag.com

PRESS RELEASE - Completion of Sale of London Office Building

5 October 2023

On 22 August Arundel AG (the "Company") announced that its wholly owned subsidiary Arundel Group Limited ("AGL") had entered into an agreement to sell AGL's office building located at 31A St James's Square, London (the "Property"). The Company is pleased to announce the completion of that sale today.

AGL has leased some serviced office space in London and its new London address is Level 1, Devonshire House, One Mayfair Place, London W1J 8AJ.

Further information concerning the Company is available from the Company's website at www.arundel‐ag.com.

Arundel AG

David Quint (Chairman)

Further information:

Ralph Beney Ad hoc publicity info@arundel‐ag.comPhone: +44 207 766 7000

SIX Swiss Exchange - symbol ARON, security number 2217.101, ISIN CH0002271010

Not to be distributed in the United States of America

Arundel AG

Registered in Switzerland No: CH-020.3.922.903-6

Registered Office as above

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Arundel AG published this content on 05 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 October 2023 15:59:17 UTC.