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May 13, 2026Henderson Park agrees to sell iconic Los Cubos office in Madrid for €91 million following comprehensive refurbishment. * Asset acquired by ATREA Real Estate * Since acquiring Los Cubos in 2017, Henderson Park has successfully undertaken a major brown-to-green refurbishment of the iconic brutalist office and increased occupancy to 84% * Works included the modernisation of the façade and interiors and an overhaul of the asset's technology, wellbeing and sustainability credentials Madrid/London, 12 May 2026: Henderson Park, the international real estate investment manager, has exchanged contracts on the sale of Los Cubos in Madrid to ATREA Real Estate, a Madrid-based real estate investment platform led by Luis López de Herrera-Oria, for €91 million. In line with Henderson Park's value-add strategy and leveraging its expertise in undertaking brown-to-green redevelopments of well-located offices with good underlying fundamentals, the firm has completed a comprehensive modernisation of the iconic brutalist building to create a vertical campus. The refurbishment works have comprised upgrading the office's façade, auditorium and interiors alongside a thorough technological overhaul and the addition of amenities designed to enhance occupier experience and wellbeing. The amenities include new communal areas, the Faborit cafeteria, over 4,000 sqm of external terraces, a gym and a padel court. The works have also prioritised significantly improving Los Cubos' sustainability credentials, achieving a LEED Gold certification. Following the successful delivery of these improvements and having acquired the building vacant, Henderson Park has completed nine lettings that have established a strong and diverse base of globally recognised occupiers including Konecta, the AI-powered customer experience group, Takeda, the global biopharmaceutical company and Kyndryl, the world's largest provider of IT infrastructure services, which relocated its Spanish headquarters to Los Cubos. Los Cubos remains one of the most recognisable office buildings in Madrid and now comprises 19,600 sqm of space over nine storeys and is 84% let. Christophe Kuhbier, Head of Investments, Europe, at Henderson Park, commented: "This sale marks the conclusion of our business plan for Los Cubos, which perfectly exemplifies Henderson Park's value-add DNA and expertise in executing brown-to-green redevelopments. Marking our entry into the Spanish market in 2017, we acquired an iconic asset with sound fundamentals and scope for improvement. We have subsequently delivered a comprehensive refurbishment that has transformed the office building into a modern workplace with the technology, wellbeing and sustainability features that today's occupiers demand, while ensuring we preserved and celebrated the building's unique brutalist design. Our leasing success validates this approach and we're pleased to pass Los Cubos onto its next steward." This latest exit follows the sale of the Islazul shopping centre in Madrid to Castellana Properties for €340 million in February. Henderson Park has been advised by Rivoli AM, CBRE, Cushman & Wakefield, Ashurst and Deloitte. ATREA Real Estate was advised by Ecija, Ernst & Young y PwC.

Ethniki Asfalistiki advances core systems modernization with Kyndryl. Expanded engagement lays the foundation for future application management ATHENS, Greece, May 12, 2026 - Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced the expansion of its long-standing collaboration with Ethniki Asfalistiki, a leading insurance provider in Greece. Kyndryl will further modernize the insurer's mainframe environment hosted on Kyndryl zCloud, which will help to establish a strong foundation for future application management. "Operational resilience is central to protecting customer trust and sustaining confidence in our services," said Petros Tsonis, CΤO, Ethniki Asfalistiki. "Continuing our collaboration with Kyndryl to further modernize our core systems strengthens the flexibility and scalability of our platforms, while enabling the reliability and performance required to serve our customers." "Financial institutions are redefining resilience as a business capability, not just a compliance exercise," said Apostolos Leonidhopoulos, Managing Director, Kyndryl Greece and Cyprus. "Our collaboration with Ethniki Asfalistiki reflects this shift, combining deep industry expertise with our zCloud mainframe services to modernize core systems and support agile, customer-focused insurance operations." Ethniki Asfalistiki originally selected Kyndryl to manage its on-premises mainframe environment in 2021. As part of its ongoing transformation, the insurer subsequently engaged Kyndryl to modernize, migrate and operate its core workloads using Kyndryl's zCloud mainframe services. As a result, the company has improved the performance and agility of its mission-critical systems while reducing risk and supporting ongoing modernization. The insurance industry in Greece is experiencing increasing demand for digital services, driving the need for more agile and resilient IT operations. Ethniki Asfalistiki's core systems support the processing of millions of transactions and the delivery of services to more than 1.9 million policyholders in Greece. About Ethniki Asfalistiki Ethniki Asfalistiki is a cornerstone of the Greek insurance market. Since its founding in 1891, the company's mission has been to provide straightforward, effective insurance solutions that help people protect what matters most and face the future with confidence. Over the decades, its name has become synonymous with integrity and reliability, as reflected in the trust of more than 1.9 million policyholders. A key pillar of Ethniki Asfalistiki's business model is its Environmental, Social, and Corporate Governance (ESG) strategy, which supports long-term growth through innovation, responsibility, and shared prosperity. The company maintains an extensive and adaptable network of certified insurance intermediaries throughout Greece. In November 2025, Ethniki Asfalistiki entered a significant new chapter in its history by becoming part of the Piraeus Bank Group, one of the largest and most dynamic financial organizations in Greece. For more information, visit www.ethnikiasfalistiki.gr. About Kyndryl Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services, offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Dagrofa selects Kyndryl in strategic six-year agreement to modernize IT environment. Danish grocery group will drive efficiency and insight with an integrated data platform across logistics, commerce and analytics COPENHAGEN, May 11, 2026 - Kyndryl, a leading provider of mission-critical enterprise technology services, and Dagrofa, a major Danish food retail and wholesale group with over 500 stores, today announced a six-year agreement to consolidate Dagrofa's fragmented IT landscape. Kyndryl will support Dagrofa's business-critical ERP platform and provide expanded consulting services through Kyndryl Consult and Application Managed Services. With a mix of franchise and independent stores, Dagrofa operates a complex IT landscape built on multiple ERP systems, yet it must connect suppliers, logistics and customers in real time. Its diverse user base, with varying levels of digital maturity, also requires intuitive, scalable touchpoints. Kyndryl brings experience in managing complex environments with a strong focus on operational stability, combining local consulting and coaching with global expertise. Working across the full value chain, Kyndryl will support both implementation and ongoing operations, while enabling data-driven optimization and actionable insights, thus helping Dagrofa advance a scalable, user-centric digital transformation. "A strong and renewed IT foundation is central to Dagrofa's Gro'27 strategy, with Gro being the Danish word for Grow. We are focusing on applying advanced technology and leading innovations to achieve greater stability, lower cost and a simpler setup. Our agreement with Kyndryl supports these goals and provides us with valuable local expertise and global innovation," said Mads Madsbjerg Hansen, CIO, Dagrofa. "Consolidating from three partners to one significantly simplifies our technology landscape and vendor management. It also helps us strengthen infrastructure and supply security for our 550 stores across Denmark, while reducing costs to maintain competitive food prices." "The agreement with Dagrofa is an important milestone for Kyndryl in Denmark, and validates the trust we have built through our collaboration," said Michael Jürgensen, Managing Director, Kyndryl Denmark. "Dagrofa operates within a complex value chain where stable and resilient IT operations are essential to enabling the goods to reach stores and customers, driving day-to-day operations. We look forward to supporting their growth strategy while contributing to modernization, cost efficiency and the long-term transformation of their ERP landscape." The agreement consolidates a significant share of Dagrofa's IT under Kyndryl's management, spanning advisory services, infrastructure operations and business-critical applications. Kyndryl will support the ERP platform and deliver services, including Kyndryl Consult and SAP Application Managed Services. The collaboration is designed to support Dagrofa's growth, improve efficiency and scale with its long-term business needs. About Kyndryl Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services, offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.