Webinar: Discussing Potential PLD/SEGRO Merger from Both Sides of the Pond

Research evidence excerpt

Webinar: Discussing Potential PLD/SEGRO Merger from Both Sides of the Pond

ect security(ies) and subject

company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed

in this research report.

I, Matthew Roberts, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and subject

I, Jan Aygul, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and subject

I, Andrew Hernandez, certify that all of the views expressed in this research report accurately reflect my personal views about the subject security(ies) and

subject company(ies). I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views

expressed in this research report.

Registration of non-US analysts: Sarim Chaudhry is employed by Jefferies International Limited, a non-US affiliate of Jefferies LLC and is not registered/qualified

as a research analyst with FINRA. This analyst(s) may not be an associated person of Jefferies LLC, a FINRA member firm, and therefore may not be subject to

the FINRA Rule 2241 and restrictions on communications with a subject company, public appearances and trading securities held by a research analyst.

As is the case with all Jefferies employees, the analyst(s) responsible for the coverage of the financial instruments discussed in this report receives compensation

based in part on the overall performance of the firm, including investment banking income. We seek to update our research as appropriate, but various regulations