Notice to holders of ICON Real Estate Fund III – Suurpelto Ky EUR 4,500,000 (or its equivalent in SEK) Senior Secured Fixed Rate Bonds 2018/2021 (the “Notes”) (EUR BOND – ISIN: SE0011451871; SEK BOND – ISIN: SE0011451608)

Intertrust (Finland) Oy (the “Agent”), acting in its capacity as agent for the noteholders of the ICON Real Estate Fund III – Suurpelto Ky (the “Issuer”) EUR 4,500,000 (or its equivalent in SEK) Senior Secured Fixed Rate Bonds 2018/2021 (the “Notes”) with the following ISIN codes: EUR BOND – ISIN: SE0011451871; SEK BOND – ISIN: SE0011451608, has on 30 Decemebr 2019 sent out a notice to the holders of the Notes in accordance with the terms and conditions of the Notes (the “Terms and Conditions”).

For further details of the Request and the background and rationale relating thereto, please see the full notice which can be downloaded as per below.

Notice to Written Procedure.

For further questions to the Agent, please contact the Agent at finland@intertrustgroup.com, with a copy to

alli.seppanen@intertrustgroup.com or mobile +358 45 249 6103