Exchange Offer Final Results

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596/2014. Upon the publication of this announcement, this information is considered to be in the public domain.

Globalworth Real Estate Investments Limited

("Globalworth" or the "Company")

Exchange Offer Final 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 announcements on 28 March 2024 and 10 April 2024, Globalworth announces final results following the expiration of the Expiration Deadline with respect to its outstanding Exchange Offer. Holders of approximately €381 million of 2025 Notes in aggregate principal amount (accounting for approximately 85% of the outstanding 2025 Notes) and holders of approximately €345 million of 2026 Notes in aggregate principal amount (accounting for approximately 86% of the outstanding 2026 Notes) have validly offered to exchange their Existing Notes in the Exchange Offer as of the Expiration Deadline. As a result, the Extraordinary Resolutions were passed today with over 99% of the votes cast in each Meeting. The Company also announced today the satisfaction of: (i) the Minimum Participation Conditions; (ii) the Covenant Amendment Consent Conditions; and (iii) the Mandatory Exchange Consent Conditions. The settlement of the Exchange Offer and the issue date of the New Notes are expected to occur on 25 April 2024. The settlement of the Exchange Offer remains conditional on the satisfaction of the general conditions described in the Memorandum which are satisfied as of the date hereof and which the Company expects to be satisfied on the settlement date.

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.