Summit Luxco S.à R.L. announced the results of its offer to purchase for cash a portion of Summit Properties Limited's (previously Summit Germany Limited) (Issuer) outstanding €300,000,000 Senior Notes due 2025 (Notes) which results in an aggregate maximum purchase price (excluding accrued, but unpaid interest) not to exceed €75,000,000 (Maximum Aggregate Consideration Amount) from the holders of the Notes as further described in the tender offer memorandum dated as of July 28, 2022 (Tender Offer Memorandum). The Tender Offer expired on August 3, 2022 (Expiration Date). The Tender Offer was made upon the terms and conditions of the Tender Offer Memorandum.

Description of the Notes: 2.00% Senior Notes due 2025 issued by Summit Properties Limited. Acceptance Amount: €33,552,000. Purchase Price: 93.00% of the principal amount of the Notes accepted for purchase.

Aggregate Purchase Price: €31,203,360. The Offeror announces that it accepted for purchase all Notes tendered pursuant to valid Non-Competitive Offers and Competitive Offers that specify purchase prices lower than or equal to the Purchase Price with no pro rata scaling. Notes tendered at a purchase price above the Purchase Price have not been accepted for purchase.

Subject to the General Conditions being satisfied, the Tender Offer is expected to settle on August 5, 2022 (the "Settlement Date"). On the Settlement Date, the Offeror will also pay accrued but unpaid interest on the Notes accepted for purchase. The Notes accepted for purchase will be held as treasury notes by the Offeror.

Subject to market conditions, the Issuer, the Offeror or any of their respective affiliates may initiate a repurchase of the Notes in the future. J.P. Morgan SE is acting as "Dealer Manager" for the Tender Offer. In connection with the Tender Offer, Kroll Issuer Services Limited has been appointed as tender agent (in such capacity, the "Tender Agent").

Noteholders with questions about the Tender Offer should contact the Dealer Manager or the Tender Agent.