By accepting and reviewing this document, potential investors explicitly acknowledge that this document has been prepared by JLL Hotels & Hospitality Group solely for the purposes of providing initial information to a select number of potential investors to assist them in deciding if they are interested in Hilton Melbourne Square to proceed with further investigation. It is provided on a confidential basis, remains the property of JLL Hotels & Hospitality Group and Vendor, and is not to be used for any other purpose, made available to any other person or reproduced in whole or in part, without the prior written consent of JLL Hotels & Hospitality Group and Vendor.

The information contained in this document is intended as a guide only; it does not constitute advice and does not constitute any offer or contract for sale or lease or otherwise. Vendor expressly reserves the right, at its sole discretion, to reject any offer to purchase the Hotel or to terminate any negotiations with any party at any time with or without written notice. Vendor shall have no legal commitment or obligations to any prospective investor unless and until a written agreement has been fully executed, delivered and approved by Vendor and any conditions to Vendor obligations under that document have been satisfied or waived.

Figures and calculations contained in this document are based on figures provided to JLL Hotels & Hospitality Group by outside sources and have not been independently verified by JLL Hotels & Hospitality Group. Any projections or analysis represent estimates only and may be based on assumptions, which, may not be correct. Except where otherwise provided, all references to rent, income or price are GST exclusive.

Potential investors should not rely on the information in this document as a statement or representation of fact and must make their own enquiries to verify and satisfy themselves as to all aspects of such information, including by seeking advice from their own lawyers, accountants and third party consultants.

While such information has been prepared in good faith, no representations or warranties are made (express or implied) as to the accuracy, currency, completeness, suitability or otherwise of such information and potential investors acknowledge by receiving and reviewing this document that it does not contain all of the information necessary to fully evaluate an investment in the Hotel. A person will only be entitled to rely on those representations and warranties, if any, made in a definitive written agreement of Sale and Purchase. To the extent allowed by law, none of JLL Hotels & Hospitality Group and Vendor, nor their respective officers, directors, employees, contractors, advisors or agents shall be liable to any person for any loss, liability, damage or expense (“liability”) arising directly or indirectly from or connected in any way with any use of or reliance on such information. If any liability is established, notwithstanding this exclusion, it will be limited to $1,000.