Cushman & Wakefield plc

Other than the additional risk factor below, there have been no material changes to our risk factors as previously disclosed in our 2024 Annual Report.

There is no guarantee the Proposed Redomicile will be completed or, if completed, will result in the anticipated benefits to the Company and its shareholders.

Completion of the Proposed Redomicile is subject to satisfaction of multiple conditions, including various shareholder approvals and approval of an applicable court under the laws of England and Wales. It is not certain that these conditions will be satisfied, and our Board of Directors reserves the right to elect to abandon the Proposed Redomicile at any time. If the Proposed Redomicile is not completed for any reason, we may experience negative reactions from the financial markets, which in turn could have a negative impact on our share price. Further, a delay in completing the Proposed Redomicile could divert management attention or cause the Company to lose some or all of the anticipated benefits of the Proposed Redomicile. Further, even if the Proposed Redomicile is successfully approved and completed, there can be no assurance that we will achieve all of the anticipated benefits, or any of them.