AVISON YOUNG WORKPLACE LIMITED

Wilmington Trust, National Association, as Collateral Agent

This instrument envisages creation of legal mortgage over land, however, schedule 2 sets out no details and it also creates fixed charge over intellectual property as set out at schedule. 4. please refer to the instrument for more details.

Wilmington Trust, National Association, as Collateral Agent

The grantor pledges, assigns, transfers and grants to the collateral agent under this instrument, a security interest in all of its personal property, including its intellectual property. Please refer to the instrument for more details.