DL Invest Group S.A. (“DL Invest”), the largest shareholder in abrdn European Logistics Income plc (the “Company” or “ASLI”) with an approximate 18% holding, today acknowledges the publication of the Company’s circular (the “Circular”) in relation to our requisitioned general meeting scheduled for 20 February 2026 (the “Requisitioned General Meeting”).

DL Invest’s resolutions seek to: (i) replace the Company's current investment objective and policy, adopted in July 2024 to facilitate a managed wind-down, with a policy substantially similar to that in effect prior to the wind-down, subject to any required approval from the Financial Conduct Authority, and terminate the ongoing disposal strategy; and (ii) instruct the Directors to negotiate the replacement of the existing investment manager with DL Invest Group S.A., including the terms of a new investment management agreement and the termination of the current agreement.

DL Invest respects the Board’s perspective as presented in the Circular, which emphasizes the advanced stage of the managed wind-down process, with 23 of the original 27 assets sold and significant capital already returned to shareholders. 

In response, DL Invest maintains that its proposals are intended to preserve and enhance long-term value for all shareholders by leveraging DL Invest’s established expertise in the European logistics real estate sector. As a specialist in developing and managing commercial properties, including logistics centers, DL Invest believes that reverting to the pre-wind-down investment policy and transitioning management could position the Company for continued operation and potential growth, rather than liquidation at the current juncture. This approach would aim to avoid the finality of the wind-down and explore opportunities aligned with the sector's ongoing demand.

DL Invest notes that the resolutions, if supported by a majority of votes, would provide a clear mandate for these strategic adjustments, while acknowledging that further negotiations and approvals would be necessary to implement them effectively.

DL Invest encourages all shareholders to review the Circular in detail, available on the Company's website, and to consider the potential benefits of its proposals. Shareholders are urged to vote in favor of both resolutions at the Requisitioned General Meeting to support a pathway toward sustained value creation.

Dominik Leszczyński, CEO of DL Invest Group, commented: “We appreciate the progress made under the current strategy and recognize the Board's commitment to shareholder interests. However, as a significant investor with deep sector knowledge, we believe our proposals offer a viable alternative that could deliver enhanced outcomes for the Company and its shareholders in the evolving European logistics market.”

DL Invest remains open to constructive dialogue with the Board, shareholders, and other stakeholders ahead of the meeting.

White & Case LLP is acting as legal adviser to DL Invest Group

About DL Invest Group

DL Invest Group is a long-term institutional investor and one of the fastest-growing logistics and data-center developers in Europe. Learn more at www.dlinvest.pl/en.

Enquiries:

DL Invest Group  

Investor Relations  

Email: ir@dlinvest.pl  

Phone: +48 32 253 00 95