Exchange Offer Early Exchange Deadline Results

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Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Exchange Offer Early Exchange Deadline Results Announcement

Capitalised terms used in this announcement, but not defined, have the meanings given to them in the Company's announcement on 28 March 2024.

Further to its announcement on 28 March 2024, Globalworth announces positive results following the expiration of the Early Exchange Deadline with respect to its outstanding Exchange Offer. Holders of approximately €359 million of 2025 Notes in aggregate principal amount (accounting for approximately 80% of the outstanding 2025 Notes) and holders of approximately €335 million of 2026 Notes in aggregate principal amount (accounting for approximately 84% of the outstanding 2026 Notes) have validly offered to exchange their Existing Notes in the Exchange Offer as of the Early Exchange Deadline. The level of participation at the Early Exchange Deadline is an important milestone towards the successful completion of the Exchange Offer and Consent Solicitation process. The Exchange Offer remains outstanding and settlement of the Exchange Offer remains subject to certain further conditions set out in the Memorandum.

Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Poland and Romania. Globalworth acquires, develops and directly manages high-quality office and industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by over 269 professionals across Cyprus, Guernsey, Poland and Romania the combined value of its portfolio is €3.0 billion, as at 31 December 2023. Approximately 96.8% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 715 national and multinational corporates. In Poland Globalworth is present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice, while in Romania it has assets in Bucharest and seven other cities.