Notice is hereby given in accordance with section 978(1)(c)(ii) of the Companies Act 2006 that a mandatory cash offer (the “Offer”) has been made by Bidco for the entire issued and to be issued share capital of easyHotel other than the easyHotel Shares already owned by ICAMAP. Under the Offer, easyHotel Shareholders are entitled to receive £0.95 in cash for each easyHotel Share.

The offer document, containing the terms of the Offer and the procedures for acceptance (the “Offer Document”) was dated, published and posted to easyHotel Shareholders on 19 August 2019.

Terms defined in the Offer Document have the same meanings in this notice.

The Offer Document may be inspected, and copies thereof may be obtained, during normal office hours at the offices of the Receiving Agent at Link Asset Services, Corporate Actions, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU. Subject to certain restrictions relating to persons resident in Restricted Jurisdictions, the Offer Document may also be viewed on Bidco’s website at www.icamap.com/citrus-offer.

This notice is not intended to, and does not constitute or form part of, and must not be construed as any offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities in any jurisdiction pursuant to the Offer or otherwise, nor shall there be any sale, issuance or transfer of securities of easyHotel in any jurisdiction where such offer, invitation or solicitation is unlawful. The Offer will be implemented solely pursuant to the terms of the Offer Document and the accompanying Form of Acceptance, which contain the full terms and conditions of the Offer, including details of how to accept the Offer. Any decision in respect of, or other response to, the Offer should be made only on the basis of, and easyHotel Shareholders who accept the Offer may rely only on, the information contained in the Offer Document and the Form of Acceptance. easyHotel Shareholders are advised to read the formal documentation in relation to the Offer carefully.

The release, publication or distribution of the Offer Document and/or any accompanying documents (in whole or in part) in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom or the United States should inform themselves about, and observe, any applicable restrictions and regulatory requirements.

easyHotel is a public limited company incorporated in England. The Offer is being made in the United States pursuant to Section 14(e) of, and Regulation 14E under, the US Securities Exchange Act of 1934, as amended, and otherwise in accordance with the requirements of the Code, the Panel and AIM. Accordingly, the Offer will be subject to disclosure and other procedural requirements, including with respect to offer timetable, settlement procedures and timing of payments that are different from those applicable under US domestic tender offer procedures and law.

The Offer Document has been prepared for the purposes of complying with English law and the Code, and the information disclosed may not be the same as that which would have been disclosed if the Offer Document had been prepared in accordance with the laws of jurisdictions outside the United Kingdom.

easyHotel Shareholders who are in any doubt regarding such matters should consult an appropriate independent adviser in the relevant jurisdiction without delay. Any failure to comply with such restrictions and/or requirements may constitute a violation of the securities laws of any such jurisdiction.

The Offer, which has been made by means of the Offer Document, will initially be open for acceptance until 1.00 p.m. (London time) on 17 September 2019. Bidco reserves the right (but shall not be obliged, other than as may be required by the Code) at any time or from time to time to extend the Offer after such time.

The Offer is made in respect of the entire issued and to be issued share capital of easyHotel other than the easyHotel Shares already owned by ICAMAP. The Offer is, by means of this notice, being notified to all persons to whom the Offer Document may not be dispatched. Any such persons may obtain a copy of the Offer Document and the relevant Form of Acceptance by contacting the Receiving Agent, at Link Asset Services, Corporate Actions, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU, or by telephoning the Receiving Agent on 0371 664 0321 (or +44 (0) 371 664 0321 if telephoning from outside the UK) between 9.00 a.m. to 5.30 p.m. (London time) Monday to Friday excluding public holidays in England and Wales. Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Please note that Link Asset Services cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes.