Tap Issuance

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED (THE "UK MARKET ABUSE REGULATION").

International Workplace Group plc

IWG US Finance LLC

IWG US Finance LLC - Launch of offering of fixed rate new bond in tap of its outstanding EUR 300,000,000 5.125 per cent. Guaranteed Bonds due 2032 (ISIN: XS3047978518) (the "Existing Bond")

International Workplace Group plc ("IWG") is pleased to announce an update to its financing and capital structure.

IWG's subsidiary, IWG US Finance LLC (the "Issuer") has successfully priced a debt transaction that increases the size of the EUR 300,000,000 5.125 per cent. guaranteed bonds due 2032 issued on 14 May 2025 by EUR 200,000,000 to EUR 500,000,000 in aggregate via a bond tap on the same terms as the Existing Bond (the "New Bond" and the proposed issuance being the "Tap Issuance").

The New Bond will be guaranteed by IWG and certain other group companies and will be consolidated and form a single series with the Existing Bond. The proceeds from the Tap Issuance will be used for general corporate purposes of IWG and its subsidiaries. Application is to be made for the New Bond to be admitted to trading on the International Securities Market of the London Stock Exchange plc.

Completion of the Tap Issuance remains subject to, amongst other things, market conditions.

International Workplace Group plc Charlie Steel, Chief Financial Officer Richard Manning, Head of Investor Relations See IWG Investor Relations website for contact details