Dear Fellow Unitholders of Accordia Golf Trust,

Since the press release to express our view of the proposed divestment of the Accordia Golf Trust (“AGT”), we have being receiving many positive feedbacks from the unitholders of AGT. We find this encouraging as the contacts range from large institutional investors to individual investors and we are glad that they are supportive of our position. There are of course several question posted in regards to the points raised in our press release and we have thus compiled this video presentation to share with all interested parties.

The duration of the video presentation is around 17min and we do hope it will reach out to more unitholders. We do hope this video presentation serve to answer most of the queries and we welcome all fellow unit holders to contact us if they need further details.

Lastly, we will like to express our greatest appreciation for the kind support for everyone who contacted us. Thank you very much and we wish you all the best.

Disclaimer: The view and opinions represented in this message and video is from Hibiki Path Advisors (“Hibiki”) for information purposes. This message and video does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe to any services provided by Hibiki.