Statement by General Partner

The City of EdinburghEH3 9GL55.943837-3.193395LIMITED PARTNERSHIPS ACT 1907Limited Partnerships Act 1907Limited Partnerships Act 1907, s. 102018-06-22TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk305358128043

TRANSFER OF AN INTEREST IN A PARTNERSHIP

LIMITED PARTNERSHIPS ACT 1907

CBRE ASIA VALUE PARTNERS IV CARRYCO LP

(Registered No. SL026874)

Registered in Scotland

Notice is hereby given, pursuant to section 10 of the Limited Partnerships Act 1907, that on 31 May 2018, CBRE Global Investors, Inc. transferred part of its capital interest in CBRE Asia Value Partners IV Carryco LP, a limited partnership registered in Scotland with number SL026874 (the Partnership), to Michael Murray Pierce and Michal Murray Pierce was admitted as a limited partner of the Partnership.

Morton Fraser LLP, Quartermile Two, 2 Lister Square, Edinburgh EH3 9GL

Agents for the Partnership