Globalworth Real Estate Investments Limited proposed to purchasean aggregate principal amount of up to €100,000,000 (or such greater or lesser amount as it may determine in its sole and absolute discretion) of its outstanding €550,000,000 3.000% notes due 2025 and €400,000,000 2.950% notes due 2026 through an unmodified Dutch auction procedure. Under the Tender Offers, the holders of the notes due 29 March 2025 (ISIN: XS1799975922) (the "2025 Notes") and the holders of the notes due 29 July 2026 (ISIN: XS2208868914) (the "2026 Notes" and, together with the 2025 Notes, the "Outstanding Notes"; each of the 2025 Notes and the 2026 Notes a "Series") are invited to tender their Outstanding Notes for purchase by the Company for cash. In respect of any Notes of a Series validly tendered by a holder and which will be purchased by the Company pursuant to the relevant offer, the Company will pay a cash purchase price equal to the particular purchase price specified (or deemed to be specified) by the relevant holder in the relevant tender instruction, subject to a minimum purchase price of 81.5% for the 2025 Notes and 74.0% for the 2026 Notes.

The Company will determine the aggregate principal amount of 2025 Notes and 2026 Notes which it elects to purchase pursuant to the relevant offer in its sole and absolute discretion.