Warsaw / London, February 2026 – DL Invest Group, the largest shareholder of abrdn European Logistics Income plc (“ASLI”), welcomes and notes with appreciation the statement issued by Ian Worboys, CEO of European Green Logistic Space (“EGLS”), expressing his professional support for the proposals submitted by DL Invest Group to ASLI shareholders ahead of the forthcoming General Meeting.

In his statement, issued in his capacity as a senior industry executive with more than 45 years of experience across the UK and European logistics and industrial real estate markets, Mr. Worboys outlined his assessment of the current market environment and the strategic alternatives available to ASLI.

Ian Worboys commented:

“As CEO of EGLS (European Green Logistic Space) and an adviser to DL Invest Group at Board level, I wish to present my independent professional view on the proposals put forward by DL Invest Group to the shareholders of abrdn European Logistics Income plc (ASLI) ahead of the forthcoming General Meeting.

My opinion is grounded in over 45 years of experience across logistics and industrial real estate markets in the United Kingdom and Europe, spanning multiple full market cycles — including periods of recession, recovery and expansion. At such inflection points, decisions relating to strategy and capital allocation are critical to long-term shareholder value creation.

The European logistics real estate market is now entering a phase of normalisation following heightened macroeconomic and geopolitical volatility. In my professional judgement, continuing a wind-down strategy at this stage entails material risks, including forced asset disposals, crystallisation of structural pricing discounts and potential long-term value erosion.

By contrast, active management and stabilisation of the ASLI platform present a genuine opportunity to protect and rebuild shareholder value.

DL Invest Group has an established market position, meaningful scale and proven operational capabilities. The Group manages a diversified portfolio exceeding EUR 1.2 billion and operates with a fully integrated team of more than 260 professionals across investment, development, operational and financial disciplines. Importantly, it has demonstrated its ability to raise capital, manage assets in challenging market conditions and preserve value during periods of volatility.

I also view positively the balanced approach outlined in DL Invest Group’s proposals, including its willingness to work constructively with the Board to design a potential buy-out mechanism for short-term shareholders. Such a mechanism would allow value realisation based on prevailing asset valuations while limiting execution and market timing risks, while enabling long-term investors to participate in the stabilisation and continued development of the platform.

Taking into account the current stage of the market cycle, the risks associated with continuing the wind-down, the scale and capabilities of DL Invest Group, and the proposed approach to protecting the interests of different shareholder groups, I regard the proposals of DL Invest Group as a constructive and credible alternative. In my professional judgement, voting FOR the resolutions recommended by DL Invest Group is in the best interests of ASLI and its shareholders.”

DL Invest Group reiterates that its proposals are grounded in a long-term active ownership philosophy focused on operational enhancement, disciplined capital allocation and value creation, rather than accelerated liquidation at a cyclical low. The Group remains committed to constructive engagement with the Board of ASLI and all shareholders ahead of the forthcoming General Meeting.

About Ian Worboys

Ian Worboys has over 45 years of experience in the logistics and industrial real estate markets across the United Kingdom and Europe. As Chief Executive Officer of P3 Logistic Parks, he led the company’s growth from approximately EUR 265 million of gross asset value into a pan-European platform with approximately EUR 4.2 billion of gross asset value.

He currently serves as Chief Executive Officer of EGLS (European Green Logistic Space), advising institutional investors on strategy, expansion and asset management across European logistics markets.

About DL Invest Group

DL Invest Group is a privately owned Polish investment and development platform with over 17 years of experience in commercial real estate. The Group manages a diversified portfolio of logistics, industrial and mixed-use assets with a total value exceeding EUR 1.2 billion. Operating under an integrated owner-operator model, DL Invest Group combines in-house development, construction, asset management and property management capabilities, with a strategic focus on long-term value creation across European structural growth markets.

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

Enquiries:

DL Invest Group  

Investor Relations  

Email: ir@dlinvest.pl  

Phone: +48 32 123 4567  

Disclaimer

This announcement is not intended to be and does not constitute or contain any investment recommendation as defined by Regulation (EU) No 596/2014 (as it forms part of the domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018). No information in this announcement should be construed as recommending or suggesting an investment strategy. Nothing in this announcement or in any related materials is a statement of or indicates or implies any specific or probable value outcome in any particular circumstance. This announcement is provided merely for general informational purposes and is not intended to be, nor should it be construed as (1) investment, financial, tax or legal advice, or (2) a recommendation to buy, sell or hold any security or other investment, or to pursue any investment style or strategy. Neither the information nor any opinion contained in this announcement constitutes an inducement or offer to purchase or sell or a solicitation of an offer to purchase or sell any securities or other investments in the Company or any other company by DLIG or any of its affiliates in any jurisdiction. This announcement does not consider the investment objective, financial situation, suitability or the particular need or circumstances of any specific individual who may access or review this announcement and may not be taken as advice on the merits of any investment decision. This announcement is not intended to provide the sole basis for evaluation of, and does not purport to contain all information that may be required with respect to, any potential investment in the Company. Any person who is in any doubt about the matters to which this announcement relates should consult an authorised financial adviser or other person authorised under the UK Financial Services and Markets Act 2000. To the best of DLIG’s ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources that DLIG believes to be accurate and reliable. However, such information is presented “as is”, without warranty of any kind, whether express or implied, and DLIG has not independently verified the data contained therein. All expressions of opinion are subject to change without notice, and DLIG does not undertake to update or supplement any of the information, analysis and opinion contained herein.

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