Cushman & Wakefield Appointed by Standard Chartered Bank to Deliver Property Services across Asia and Global Asset and Transaction Management

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announces that it has been appointed by Standard Chartered Bank (the Bank) to provide services to support its Asia workplace transformation, and Global Asset and Transaction Management for the Bank's 11m square foot global real estate portfolio.

The five-year mandate will encompass global Asset & Transactions Management and Property Services across Asia, including Integrated Facilities Management, Project & Design Management Services, Space Planning, Occupancy Management, Health, Safety and Wellbeing and Physical Security and will take effect from 1 July 2024.

In support of delivering a best-in-class corporate, investment, wealth and retail banking experience, Cushman & Wakefield will be key in accelerating the Bank's client strategy across its physical and digital networks. In partnership with the Bank's Wealth and Retail Banking (WRB), and Corporate & Investment Banking (CIB) arms, the mandate will look towards supporting the local and international banking needs of its clients.

With a focus on elevating workplace experience and reinforcing the Bank's industry positioning as an Employer of Choice, this mandate will also be key in advancing the Bank's Twice the Experience mission. In addition to supporting Property's 2025 Scope 1 and 2 net-zero commitments, Cushman & Wakefield will be a key partner in driving the sustainability agenda across the Bank's footprint with a focus on Environmental, Social, and Corporate Governance (ESG) goals, optimizing increased renewable energy and accelerating outcomes in partnership with external communities.

"We are delighted to partner with Standard Chartered Bank and thank them for placing their trust and confidence in us to help optimize their property performance and create efficiencies and experiences that support their business, people and sustainability objectives. Our teams around the world are committed to harnessing the full value and benefits of our global footprint, integrated GOS platform and technology capabilities to ensure we drive excellence across the Bank's property portfolio," said Aubrey Waddell, Chief Executive, Global Occupier Services, Cushman & Wakefield.

"Our partnership with Cushman & Wakefield will be key to accelerating our property transformation agenda. As we continue to develop a sustainable real estate strategy across our global portfolio for long-term success, the focus remains on reimagining our employee and client experience. We are excited to strengthen joint capabilities to seize opportunities ahead and look forward to delivering excellence for the Bank and our clients in 2024 and beyond," said Shelley Boland, Global Head, Property, Standard Chartered Bank.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

About Standard Chartered

We are a leading international banking group, with a presence in 53 of the world's most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

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