Statement re Offer

Globalworth Real Estate Investments Limited ("Globalworth" or the "Company")

Announcement from Oak Hill Advisors

On 14 April 2021, CPI Property Group S.A. and Aroundtown SA (the "Consortium") unilaterally announced a firm intention to make a cash offer for the share capital of Globalworth not already owned or controlled by them at EUR 7.00 per Globalworth share (the "Offer").

On 19 April 2021, Globalworth announced the formation of an independent committee of the Board (the "Independent Committee") to evaluate the Offer. On 26 April 2021, the Independent Committee announced that, having considered the Offer with its advisers, it had concluded that the Offer significantly undervalues the Company, its assets and its prospects. Accordingly, the Independent Committee has advised Globalworth shareholders to take no action in relation to this Offer which materially undervalues the Company.

Oak Hill Advisors ("OHA"), whose funds and separate accounts currently hold 5.28% of the shares of the Company, has been invested in the Company since 2014. Having considered the Offer and taking into account the advice of the Independent Committee, OHA currently intends to take no action in respect of the Offer given that OHA also believes that it undervalues the Company.