Letter to ASLI Shareholders

LETTER TO ASLI SHAREHOLDERS

A Call to Action - A New Growth Strategy Opportunity forabrdn European Logistics Income plc (ASLI)

Dear Shareholders,

We are writing to you in our capacity as the largest shareholder of ASLI, with a holding of approximately 18.0% of the Company's issued share capital. As you may have already seen, today we sent an open letter to the board of the Company, an action we took following protracted private engagement, including various meetings and correspondence between us and the board over several weeks.

The purpose of this letter is to present our proposal for a new strategic direction for ASLI and to seek your support in ending the Company's current wind-down strategy, which we believe will not deliver full value for shareholders and will deny shareholders the opportunity to benefit from future growth opportunities. We believe that shareholders would benefit from returning ASLI to a growth trajectory, with the potential to deliver superior long-term value to its shareholders, based on ASLI's existing portfolio, an enhanced asset management approach and the continued expansion of the portfolio with additional properties.

All actions proposed by DL Invest Group would be executed in accordance with the corporate governance norms expected of UK-listed companies and the highest standards of transparency.

The details, including the arguments supporting our proposal, are available in the full version of the letter, which can be found at the website address: 

https://dlinvest.pl/en/letter-to-asli-shareholders/

We kindly request that you review our proposal and provide your response.