NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

FOR IMMEDIATE RELEASE.

1 July 2026

Workspace GROUP PLC

PUBLICATION OF PRESENTATION
IN RESPONSE TO LETTER TO SHAREHOLDERS
FROM SABA CAPITAL MANAGEMENT L.P.

The Board of Workspace Group PLC (the "Board" and the "Company", respectively) today announces that it has made available on its website a presentation (the "Presentation") containing its full and considered response to the letter and accompanying presentation published by Saba Capital Management, L.P. on 17 June 2026 (the "Saba Materials"). The Presentation can be viewed and downloaded from the Company's website at https://www.workspace.co.uk/investors/investor-centre/results-reports-presentations.

The Board welcomes the views of all shareholders and, together with its advisers, has carefully considered the Saba Materials. However, the Board remains confident in the strength of the Company's repositioning strategy, as announced alongside its Full Year Results on 10 June 2026, and in particular that the current Board (including all six current Non-Executive Directors) is best-placed to deliver that strategy and maximise long-term sustainable value for all shareholders.

Shareholders are strongly advised to vote in line with the Board's unanimous recommendation:

·    FOR the election and re-election of the current Board and other customary business of the Company (Resolutions 1-20, inclusive); and

·    AGAINST the resolutions requisitioned on behalf of Saba Capital Management, L.P. (Resolutions 21-26, inclusive) which the Board believes are NOT in the best interests of the Company or its shareholders as a whole,

at the Company's Annual General Meeting on 23 July 2026.

J.P. Morgan Cazenove, Rothschild & Co and Stifel are advising the Company.

- ENDS -

The Presentation can be accessed here on Workspace's website.

For further information, please contact:

Notes to Editors

About Workspace Group PLC:

Workspace is London's leading owner and operator of flexible workspace, currently managing 3.8 million sq. ft. of sustainable space at 57 locations in London and the South East.

We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential.

We have a unique combination of a highly effective and scalable operating platform, a portfolio of distinctive properties, and an ownership model that allows us to offer true flexibility. We provide customers with space to create a home for their business, alongside leases that give them the freedom to easily scale up and down within our well-connected, extensive portfolio.

We are inherently sustainable - we invest across the capital, breathing new life into old buildings and creating hubs of economic activity that help flatten London's working map. We work closely with our local communities to ensure we make a positive and lasting environmental and social impact, creating value over the long term.

Workspace was established in 1987, has been listed on the London Stock Exchange since 1993, is a FTSE 250 listed Real Estate Investment Trust (REIT) and a member of the European Public Real Estate Association (EPRA).

Workspace® is a registered trademark of Workspace Group PLC, London, UK.

LEI: 2138003GUZRFIN3UT430

For more information on Workspace, visit www.workspace.co.uk