Issue of Scrip Dividend Shares & Admission to AIM

Further to the Company's announcement on 28 March 2024, the Company is pleased to announce that shareholders have elected to receive the Scrip Dividend Alternative in respect of a total of 248,765,748 ordinary shares, representing approximately 98.65% of the total issued share capital of the Company as at 10 April 2024 (being the latest practicable date prior to the date of this announcement).

As a result, in connection with the Interim Dividend announced on 12 March 2024, the Company will pay a total of €375,769 in cash and issue a total of 13,961,334 Scrip Dividend Shares.

Application will be made for the Scrip Dividend Shares to be admitted to trading on AIM. Admission of the Scrip Dividend Shares is expected to become effective on 26 April 2024.

Immediately following the issuance of the Scrip Dividend Shares, the total number of ordinary shares in the Company in issue excluding shares held as treasury shares will be 266,202,314 and this is the total number of voting rights in the Company which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change in the interest, in the share capital of the Company under Chapter 5 of the FCA's Disclosure Guidance and Transparency Rules as reflected in the Company's articles of incorporation.

All capitalised terms used in this announcement shall, unless otherwise defined, have the meanings given to them in the scrip dividend circular published by the Company on 12 March 2024 and available on the Company's website at https://www.globalworth.com/investor-relations/corporate-documents/.

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.

Excluded Territories