International Hotel Investments Plc

Regulatory Filings • May 5, 2021

COMPANY ANNOUNCEMENT

The Surrey, a Corinthia Hotel

International Hotel Investments p.l.c. announces that its operating arm Corinthia Hotels Limited has signed an agreement with the Reuben Brothers to manage and operate The Surrey, a Corinthia Hotel in New York.

Undergoing an extensive transformation, the hotel is slated to reopen in early 2023 as The Surrey, a Corinthia Hotel, operated and managed by Corinthia Hotels, a collection of five-star hotels across Europe and the Middle East, and now North America. This development will mark the Corinthia group's first property in the United States and a second collaboration with Reuben Brothers, the global private investment firm, with whom a Corinthia Hotel is under development in Rome. The consortium will partner with Casa Tua on the New York hotel's food and beverage offering, bringing the Miami Beach hotspot and treasured celebrity favourite to New York for the first time.

Jean-Pierre Schembri Company Secretary

5 May 2021

INTERNATIONAL HOTEL INVESTMENTS P.L.C.