<SEC-DOCUMENT>0001171843-24-006826.txt : 20241209
<SEC-HEADER>0001171843-24-006826.hdr.sgml : 20241209
<ACCEPTANCE-DATETIME>20241209163037
ACCESSION NUMBER:		0001171843-24-006826
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20241209
FILED AS OF DATE:		20241209
DATE AS OF CHANGE:		20241209

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Colliers International Group Inc.
		CENTRAL INDEX KEY:			0000913353
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36898
		FILM NUMBER:		241535490

	BUSINESS ADDRESS:	
		STREET 1:		1140 BAY STREET
		STREET 2:		SUITE 4000
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5S 2B4
		BUSINESS PHONE:		(416) 960-9500

	MAIL ADDRESS:	
		STREET 1:		1140 BAY STREET
		STREET 2:		SUITE 4000
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5S 2B4

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRSTSERVICE CORP
		DATE OF NAME CHANGE:	19931013
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<TYPE>6-K
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<FILENAME>f6k_120924.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin: 0; text-align: center">UNITED STATES</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 20pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>FORM 6-K</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">For the month of: December
2024</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">Commission file number
001-36898</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: bold 20pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: -4.5pt">COLLIERS INTERNATIONAL GROUP
INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Translation of registrant&#8217;s name into English)</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>1140 Bay Street,
Suite 4000</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Toronto, Ontario,
Canada</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>M5S 2B4</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">(Address of principal
executive office)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Form 20-F &#9744; &#8239;&#8239;Form 40-F &#9746;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">Exhibit 99.1 of
this Form 6-K shall be incorporated by reference as an exhibit to the registrant&#8217;s registration statement on Form F-10 (File No.
333-277184).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"></FONT></P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 0; text-align: left">SIGNATURE</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%"><B>&nbsp;</B></TD>
  <TD STYLE="width: 50%"><B>COLLIERS INTERNATIONAL GROUP INC.</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>Date: December 9, 2024</TD>
  <TD><I><U>/s/ Christian Mayer</U></I> </TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>Name: Christian Mayer</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>Title: Chief Financial Officer&#9;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<TD><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B>Description of
                                            Exhibit</B></FONT></TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
                                                                                                                                      <TR STYLE="vertical-align: top">
<TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt"><A HREF="exh_991.htm">99.1</A></FONT></TD><TD STYLE="text-align: justify; width: 95%"><FONT STYLE="font-size: 10pt"><A HREF="exh_991.htm">Material change report dated November 29, 2024.</A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD><FONT STYLE="font-size: 10pt"><A HREF="exh_992.htm">99.2</A></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><A HREF="exh_992.htm">Fourth Amendment to sustainability linked third amended and restated credit agreement dated November 29, 2024</A></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>EXHIBIT 99.1
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<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: right; margin-top: 0.25pt; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
99.1</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 0.25pt; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 11pt/171% Times New Roman, Times, Serif; margin: 4.6pt 129.1pt 0 128.95pt; text-align: center; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COLLIERS
INTERNATIONAL GROUP INC. MATERIAL CHANGE REPORT</FONT></P>

<P STYLE="font: 11pt/12.45pt Times New Roman, Times, Serif; margin: 0 129pt 0 128.95pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Form
51-<FONT STYLE="letter-spacing: -0.1pt">102F3)</FONT></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 11pt Times New Roman, Times, Serif; margin-top: 9.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.95pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">1.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name
                                            and Address of <FONT STYLE="letter-spacing: -0.1pt">Company</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0pt 219.05pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0pt 219.05pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Colliers
International Group Inc. (&quot;<B>Colliers</B>&quot;) 1140 Bay Street, Suite 4000</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Toronto,
Ontario M5S <FONT STYLE="letter-spacing: -0.25pt">2B4</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="letter-spacing: -0.25pt">&nbsp;</FONT></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: bold 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.9pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">2.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date
                                            of Material <FONT STYLE="letter-spacing: -0.1pt">Changes</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">November
29, 2024</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: bold 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.9pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">3.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">News
                                            <FONT STYLE="letter-spacing: -0.1pt">Releases</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A
news release was disseminated on November 29, 2024 through <FONT STYLE="letter-spacing: -0.1pt">GlobeNewswire.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: bold 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.9pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">4.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Summary
                                            of Material <FONT STYLE="letter-spacing: -0.1pt">Changes</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
November 29, 2024, Colliers announced the expansion and extension of its unsecured multi-currency revolving credit facility.</FONT></P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 41.95pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: bold 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.9pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">5.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Full
                                            Description of Material <FONT STYLE="letter-spacing: -0.1pt">Changes</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0pt 5.65pt 0pt 41.95pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0pt 5.65pt 0pt 41.95pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
news release annexed hereto as Schedule &quot;A&quot; provides a full description of the material change. A copy of the fourth amendment
to the sustainability linked third amended and restated credit agreement entered into in connection with the material change has been
filed on SEDAR at <FONT STYLE="color: Black">www.sedar.com.</FONT></FONT></P>

<P STYLE="font: 11pt/107% Times New Roman, Times, Serif; margin: 0pt 5.65pt 0pt 41.95pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="color: Black">&nbsp;</FONT></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: bold 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.95pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">6.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reliance
                                            on Subsection 7.1(2) of National Instrument 51-<FONT STYLE="letter-spacing: -0.25pt">102</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
report is not being filed on a confidential <FONT STYLE="letter-spacing: -0.1pt">basis.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: bold 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.95pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">7.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Omitted
                                            <FONT STYLE="letter-spacing: -0.1pt">Information</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No
significant facts remain confidential in, and no information has been omitted from, this <FONT STYLE="letter-spacing: -0.1pt">report.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: bold 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.95pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">8.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Executive
                                            <FONT STYLE="letter-spacing: -0.1pt">Officer</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/106% Times New Roman, Times, Serif; margin: 0pt 5.8pt 0pt 42pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt/106% Times New Roman, Times, Serif; margin: 0pt 5.8pt 0pt 42pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
further information is required, please contact Christian Mayer, Chief Financial Officer, at (416) 960-9500.</FONT></P>

<P STYLE="font: 11pt/106% Times New Roman, Times, Serif; margin: 0pt 5.8pt 0pt 42pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: bold 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.95pt"></TD><TD STYLE="width: 36.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-weight: normal">9.</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date
                                            of <FONT STYLE="letter-spacing: -0.1pt">Report</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DATED
at Toronto, Ontario this <FONT STYLE="letter-spacing: -0.1pt">9</FONT><SUP>th</SUP> day of December, 2024<FONT STYLE="letter-spacing: -0.1pt">.</FONT></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 42pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.1pt">&nbsp;</FONT>&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Schedule &ldquo;A&rdquo;</B></P>
<P STYLE="font: bold 11pt Times New Roman, Times, Serif; margin: 4.05pt 0 0; text-align: right; text-indent: 0in"><IMG SRC="logo.jpg" ALT="" STYLE="height: 68px; width: 121px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: right; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT>&nbsp;</P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: right; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>COMPANY
CONTACT:</U></FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0; text-align: right; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Christian
Mayer</FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0; text-align: right; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief
Financial Officer</FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: right; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(416)
960-9500</FONT></P>

<P STYLE="font: 24pt Open Sans Light,sans-serif; margin: 0; color: #25408F"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt">&nbsp;</FONT></P>

<P STYLE="font: 24pt Open Sans Light,sans-serif; margin: 0; color: #25408F"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 20pt">Colliers
expands credit facility to US$2.25 billion</FONT></P>

<P STYLE="font: 12pt/16pt Merriweather; margin: 0; color: #0C9ED9"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Extends
term, enhances flexibility to continue funding global growth</FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 9pt Open Sans,sans-serif; margin: 0; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>TORONTO</B>,
Canada, November 29, 2024 &#8211; Colliers International Group Inc. (TSX and NASDAQ: CIGI) (&quot;Colliers&quot;) today announced the
expansion and extension of its unsecured multi-currency revolving credit facility (the &#8220;Credit Facility&#8221;) for a new five-year
term, maturing November 2029. The updated Credit Facility replaces the previous agreement which was set to mature in May 2027 and increases
borrowing capacity to $2.25 billion from $1.75 billion. With this expansion, Colliers has over $1 billion of capacity to invest in new
growth initiatives. Financial covenants and other key terms remain unchanged.</FONT></P>

<P STYLE="font: 9pt Open Sans,sans-serif; margin: 0; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Open Sans,sans-serif; margin: 0; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
transaction was led by Bank of Montreal and was syndicated to 12 additional banks including JP Morgan Chase Bank, U.S. Bank, Mizuho Bank,
Bank of America, HSBC Bank, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Toronto-Dominion Bank, Royal Bank of Canada, National
Bank of Canada, Wells Fargo Bank and Desjardins. The Credit Facility ranks pari passu with Colliers&#8217; existing privately placed
fixed rate senior notes maturing in 2028 and 2031.</FONT></P>

<P STYLE="font: 9pt Open Sans,sans-serif; margin: 0; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Open Sans,sans-serif; margin: 0; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8220;The
expanded and extended Credit Facility enhances our capacity and flexibility to support Colliers&#8217; ongoing global growth, both organically
and through acquisitions,&#8221; said Christian Mayer, Chief Financial Officer. &#8220;We appreciate the continued support and confidence
of our relationship banking group as we execute on our long-term growth strategy,&#8221; he concluded.</FONT></P>

<P STYLE="font: 9pt Open Sans,sans-serif; margin: 0; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>About
Colliers</B>&nbsp;</FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Colliers
(NASDAQ, TSX: CIGI) is a leading global diversified professional services company, specializing in commercial real estate services, engineering
consultancy and investment management. With operations in 70 countries, our 22,000 enterprising professionals provide exceptional service
and expert advice to clients. For nearly 30 years, our experienced leadership &#8211; with substantial inside ownership &#8211; has consistently
delivered approximately 20% compound annual investment returns for shareholders. With annual revenues exceeding $4.5 billion and $99
billion of assets under management, Colliers maximizes the potential of property, infrastructure and real assets to accelerate the success
of our clients, investors and people. </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Learn more at
corporate.colliers.com, Twitter @Colliers or LinkedIn.</FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Forward-looking
Statements</B></FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Certain
information included in this news release is forward-looking, within the meaning of applicable securities laws. Much of this information
can be identified by words such as &#8220;believe&#8221;, &#8220;expects&#8221;, &#8220;expected&#8221;, &#8220;will&#8221;, &#8220;intends&#8221;,
&#8220;projects&#8221;, &#8220;anticipates&#8221;, &#8220;estimates&#8221;, &#8220;continues&#8221; or similar expressions suggesting
future outcomes or events. Colliers believes the expectations reflected in such forward-looking statements are reasonable but no assurance
can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.</FONT></P>

<P STYLE="font: 9pt/13pt Open Sans,sans-serif; margin: 0 0 9pt; text-align: justify; color: #4A4A4D"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Forward-looking
statements are based on current information and expectations that involve a number of risks and uncertainties, which could cause actual
results or events to differ materially from those anticipated. These risks include, but are not limited to, risks associated with: (i)
general economic and business conditions, which will, among other things, impact demand for Colliers&#8217; services and the cost of
providing services; (ii) the ability of Colliers to implement its business strategy, including Colliers&#8217; ability to identify and
acquire suitable acquisition candidates on acceptable terms and successfully integrate newly acquired businesses with its existing businesses;
(iii) changes in or the failure to comply with government regulations; and (iv) such factors as are identified in the Annual Information
Form of Colliers for the year ended December 31, 2023 under the heading &#8220;Risk Factors&#8221; (which factors are adopted herein
and a copy of which can be obtained at&nbsp;www.sedarplus.ca). Forward looking statements contained in this news release are made as
of the date hereof and are subject to change. All forward-looking statements in this news release are qualified by these cautionary statements.
Except as required by applicable law, Colliers undertakes no obligation to publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0.3pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0 5.65pt 0 5.95pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>exh_992.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
  <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.2</B></P>

<P STYLE="margin: 0">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; margin: 0pt 0"><U>FOURTH AMENDMENT TO<BR> SUSTAINABILITY LINKED THIRD
AMENDED AND RESTATED CREDIT AGREEMENT</U></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>THIS FOURTH AMENDMENT TO SUSTAINABILITY LINKED THIRD AMENDED AND RESTATED
CREDIT AGREEMENT </B>(the &#8220;<B>Fourth Amendment</B>&#8221;) is executed by the parties hereto as of the 29<SUP>th</SUP> day of November,
2024.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AMONG:</B></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>COLLIERS INTERNATIONAL GROUP INC.</B></FONT>, a corporation duly
        organized and existing under the laws of Ontario (the &#8220;<B>Canadian Borrower</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: -1in; margin: 0pt 0 0pt 1in">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>COLLIERS MACAULAY NICOLLS INC.</B>, a corporation duly organized and existing under the laws of Ontario
        (&#8220;<B>CMN</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>COLLIERS INTERNATIONAL HOLDINGS (USA), INC.</B></FONT>, a corporation
        duly organized and existing under the laws of the State of Delaware (the &#8220;<B>US Borrower</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: -1in; margin: 0pt 0 0pt 1in">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>COLLIERS INVESTMENT MANAGEMENT HOLDINGS, INC.</B>, a corporation duly organized and existing under the
        laws of the State of Delaware (&#8220;<B>US Holdings</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>GLOBESTAR LIMITED</B>, a company incorporated in England and Wales with company number 05159841 (&#8220;<B>Globestar</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>COLLIERS INTERNATIONAL EMEA HOLDINGS LIMITED</B>, a company incorporated in England and Wales with company
        number 10053084 (&#8220;<B>EMEA Holdings</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: -1in; margin: 0pt 0 0pt 1in">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>CO&#214;PERATIE CMN NETHERLANDS HOLDCO U.A.</B>, a cooperative with excluded liability (co&#246;peratie
        met uitgesloten aansprakelijkheid) incorporated under the laws of the Netherlands, having its corporate seat (statutaire zetel) in Eindhoven,
        the Netherlands and registered with the Dutch trade register under number 51267713 (the &#8220;<B>Dutch Borrower</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED ACN 008 178 238</B>, a corporation duly incorporated
        and existing under the laws of Australia (the &#8220;<B>Australian Borrower</B>&#8221; and, together with the Canadian Borrower, CMN,
        the US Borrower, US Holdings, Globestar, EMEA Holdings and the Dutch Borrower, collectively, the &#8220;<B>Borrowers</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0.5in; margin: 0pt 0 0pt 0.5in">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>The Subsidiaries named on the execution pages hereof</B></FONT>,
        as Guarantors (the &#8220;<B>Guarantors</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>The banks named on the execution pages hereof</B></FONT>, as Lenders
        (collectively, the &#8220;<B>Lenders</B>&#8221; and each individually, a &#8220;<B>Lender</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: -1in; margin: 0pt 0 0pt 1in">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>BMO CAPITAL MARKETS</B>, as Sustainability Structuring Agent (the &#8220;<B>Sustainability Structuring
        Agent</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>BANK OF MONTREAL, LONDON BRANCH</B>, as European administration agent (the &#8220;<B>European Agent</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: -1in; margin: 0pt 0 0pt 1in">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><B>HSBC BANK AUSTRALIA LIMITED</B>, as Australian administration agent (the &#8220;<B>Australian Agent</B>&#8221;)</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0"></TD>
    <TD STYLE="width: 1in"><B>AND:</B></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="text-transform: uppercase"><B>BANK OF MONTREAL</B></FONT>, as the administration agent and as
        the Canadian administration agent (in its capacity as the administration agent, the &#8220;<B>Administration Agent</B>&#8221;, in its
        capacity as the Canadian administration agent, the &#8220;<B>Canadian Agent</B>&#8221; and in its capacity as the U.S. administration
        agent, the &#8220;<B>U.S. Agent</B>&#8221;).</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0.5in; margin: 0pt 0"><B>WHEREAS </B>the Borrowers, the Guarantors, the Lenders,
the Administration Agent, the Sustainability Structuring Agent, the Canadian Agent, the U.S. Agent, the European Agent, the Australian
Agent (collectively, the &#8220;<B>Agents</B>&#8221;), BMO Capital Markets, as Sole Bookrunner, Co-Lead Arranger and Sustainability Structuring
Agent, HSBC UK Bank plc, Mizuho Bank, Ltd., Canada Branch, JPMorgan Chase Bank, N.A., Bank of America, N.A., Canada Branch, and U.S. Bank
National Association, as Co-Lead Arrangers and Co-Syndication Agents, The Bank of Nova Scotia and Canadian Imperial Bank of Commerce,
as Co-Documentation Agents, among others, have entered into a sustainability linked third amended and restated credit agreement dated
May 27, 2022, as amended by the first amendment to sustainability linked third amended and restated credit agreement dated as of November
2, 2022, the second amendment to sustainability linked third amended and restated credit agreement dated as of April 28, 2023 and the
third amendment to sustainability linked third amended and restated credit agreement dated as of June 26, 2024 (the &#8220;<B>Existing
Credit Agreement</B>&#8221; and, as amended by this Fourth Amendment and as may be further amended, restated, amended and restated, supplemented,
replaced and otherwise modified from time to time, the &#8220;<B>Credit Agreement</B>&#8221;);</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0.5in; margin: 0pt 0"><B>AND WHEREAS</B> the Borrowers have requested (i)
an aggregate U.S.$500,000,000 increase in the Total Commitments, (ii) that the Final Maturity Date be extended by a period of five (5)
years from the Amendment Effective Date (defined below) and (iii) certain amendments to the sustainability criteria, as set forth herein;</P>

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<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0.5in; margin: 0pt 0"><B>AND WHEREAS</B> the Borrowers, the Agents and the
Lenders have agreed to amend certain provisions of the Existing Credit Agreement (collectively, the &#8220;<B>Amendments</B>&#8221;),
but only to the extent and subject to the provisions set forth in this Fourth Amendment;</P>

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<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0.5in; margin: 0pt 0"><B>NOW THEREFORE</B>, for good and valuable consideration,
the sufficiency of which is hereby acknowledged, the parties hereby agree as follows:</P>

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<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in; margin: 0pt 0"><FONT STYLE="text-transform: uppercase">Article
1</FONT> &#8211; INTERPRETATION</P>

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<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">1.1<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>Capitalized
terms referred to and not defined herein shall have the meanings ascribed thereto in the Credit Agreement.</P>

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<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">1.2<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>Each
of the Borrowers and each of the Guarantors agrees that the recitals form an integral part of this Fourth Amendment.</P>

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<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in; margin: 0pt 0"><FONT STYLE="text-transform: uppercase">Article
2</FONT> &#8211; AMENDMENTS</P>

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<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">2.1<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>With
effect as of the Amendment Effective Date (defined below), the Existing Credit Agreement is hereby amended as follows:</P>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(a)</TD>
    <TD STYLE="text-align: justify">the grid appearing in the definition of &#8220;Applicable Sustainability Margin Adjustment&#8221; in Section
        1.1 (Definitions) is hereby deleted in its entirety and the following substituted therefor:</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="3" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border: Black 1pt solid; width: 12%; text-align: center"><FONT STYLE="font-size: 10pt"><B>SPT Metric</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 10%; text-align: left"><FONT STYLE="font-size: 10pt"><B>Fiscal
        Year Ending</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: middle; width: 9%; text-align: center"><FONT STYLE="font-size: 10pt"><B>Level</B></FONT></TD>
    <TD STYLE="width: 31%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Target</B></FONT></TD>
    <TD STYLE="width: 19%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Adjustment
        to the fees, rates and margins in the pricing grid referred to in the definition of Applicable Margin (in bps) (excluding Commitment Fees)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 19%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Adjustment
        to the Commitment Fees (in bps) referred to in the definition of Applicable Margin</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="22" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt"><B>GHG
        Emission Intensity (measured against Baseline GHG Emission Intensity)</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">SBTi Submission</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-0.4</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">No SBTi Submission
        </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">0.4</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="5" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by 16.7% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.4</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 16.7% but 9.9% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 9.9% or increased by less than 5.0%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">IV</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has increased by 5.0% or more but less than 8.4%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">V</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has increased by 8.4% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.4</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="5" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by 24.6% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-0.4</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 24.6% but 14.6% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 14.6% or increased by less than 0.0%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">IV</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has increased by 0.0% or more but less than 4.2%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">0.2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">V</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has increased by 4.2% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">0.4</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="5" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by 32.2% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-3.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.6</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 32.2% but 19.2% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.4</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 19.2% but more than 5.0%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">IV</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by 5.0% or more but less than 0.0%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">0.4</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">V</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has increased by more than 0.0%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">3.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">0.6</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="5" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2026</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by 39.8% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-3.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-0.6</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 39.8% but more than 23.7% </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.4</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 23.7% but 9.9% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">IV</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by less than 9.9% but more than 4.2% </FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.4</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">IV</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">If GHG Emission
        Intensity has decreased by 4.2% or less</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">3.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.6</FONT></TD></TR>
  </TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="3" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="background-color: #D9D9D9">
    <TD ROWSPAN="15" STYLE="border: Black 1pt solid; text-align: justify; width: 12%"><FONT STYLE="font-size: 10pt"><B>Percentage of Women in
        Management Roles<BR> <BR> </B></FONT></TD>
    <TD ROWSPAN="3" STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left; width: 10%"><FONT STYLE="font-size: 10pt">December
        31, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; text-align: justify; width: 9%"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify; width: 31%"><FONT STYLE="font-size: 10pt">Percentage
        of Women in Management Roles is 33.2% or more</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; width: 19%"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; width: 19%"><FONT STYLE="font-size: 10pt"><BR>
        -0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is less than 33.2% but more than 30.4%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 30.4% or less</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD ROWSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 34.1% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is less than 34.1% but more than 31.4%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 31.4% or less</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD ROWSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 34.9% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is less than 34.9% but more than 32.4%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 32.4% or less</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD ROWSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 35.8% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is less than 35.8% but more than 33.4%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 33.4% or less</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD ROWSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2026</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 36.6% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is less than 36.6% but more than 34.4%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        Women in Management Roles is 34.4% or less</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">2.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.4</FONT></TD></TR>
  </TABLE>

<P STYLE="margin: 0">&#160;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="3" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD ROWSPAN="10" STYLE="border: Black 1pt solid; text-align: justify; width: 12%"><FONT STYLE="font-size: 10pt"><B>Percentage of WELL-Certified
        Properties</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: left; width: 10%"><FONT STYLE="font-size: 10pt">December
        31, 2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; text-align: justify; width: 9%"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify; width: 31%"><FONT STYLE="font-size: 10pt">Percentage
        of WELL Certified Properties is 10% or more</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; width: 19%"><FONT STYLE="font-size: 10pt">-1.0</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; width: 19%"><FONT STYLE="font-size: 10pt"><BR>
        -0.2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        WELL Certified Properties is more than 0.0% but less than 10%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        WELL Certified Properties is 0.0%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.2</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="3" STYLE="border-right: Black 1pt solid; border-bottom: black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        WELL Certified Properties is 30% or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        -0.2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        WELL Certified Properties is more than 15% but less than 30%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        No change</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of
        WELL Certified Properties is 15% or less</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR>
        0.2</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="4" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">December
        31, 2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">I</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of WELL Certified Properties is 75%
        or more</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">-1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR> -0.2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">II</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of WELL Certified Properties is more
        than 45% but less than 75%</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">No change</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR> No change</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; text-align: justify"><FONT STYLE="font-size: 10pt">III</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: justify"><FONT STYLE="font-size: 10pt">Percentage of WELL Certified Properties is 45%
        or less</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">1.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><BR> 0.2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; vertical-align: top; border-bottom: Black 1pt solid; text-align: justify">&#160;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify">&#160;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD></TR>
  </TABLE>

<P STYLE="margin: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(b)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Australian Revolving Facility Commitment&#8221; in Section 1.1 (Definitions) is hereby
        amended by deleting the reference to &#8220;U.S.$75,000,000&#8221; appearing therein and substituting &#8220;U.S.$100,000,000&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(c)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Borrowers&#8221; in Section 1.1 (Definitions) is hereby amended by (i) adding &#8220;U.S.
        Holdings,&#8221; immediately following the reference to &#8220;the U.S. Borrower&#8221; appearing therein, and (ii) adding &#8220;Globestar,&#8221;
        immediately following the reference to &#8220;the UK Borrower&#8221; appearing therein;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(d)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Business Day&#8221; in Section 1.1 (Definitions) is hereby amended by (i) adding
        &#8220;or Montreal, Quebec&#8221; immediately following the reference to &#8220;Toronto&#8221; appearing in clause (a) therein; (ii) adding
        &#8220;and Montreal&#8221; immediately following the reference to &#8220;Toronto&#8221; appearing in clause (b) therein; (iii) adding
        &#8220;, Toronto, Ontario or Montreal Quebec&#8221; immediately following the reference to &#8220;London, England&#8221; appearing in
        clause (c) therein; and (iv) adding &#8220;or Montreal&#8221; immediately following the reference to &#8220;Toronto&#8221; appearing in
        clause (f) therein;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

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    <TD STYLE="text-align: justify">the definition of &#8220;Canadian Revolving Facility Commitment&#8221; in Section 1.1 (Definitions) is hereby
        amended by deleting the reference to &#8220;U.S.$840,000,000&#8221; appearing therein and substituting &#8220;U.S.$1,085,000,000&#8221;
        therefor;</TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
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    <TD STYLE="text-align: justify">the definitions of &#8220;Canadian Swingline A Commitment&#8221; and &#8220;Canadian Swingline A Lender&#8221;
        in Section 1.1 (Definitions), and each reference to &#8220;Canadian Swingline A Commitment&#8221; and &#8220;Canadian Swingline A Lender&#8221;,
        are hereby deleted in their entirety;</TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

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    <TD STYLE="text-align: justify">the definition of &#8220;Colliers EMEA Revolving Facility Commitment&#8221; in Section 1.1 (Definitions) is
        hereby amended by deleting the reference to &#8220;U.S.$100,000,000&#8221; appearing therein and substituting &#8220;U.S.$125,000,000&#8221;
        therefor;</TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
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    <TD STYLE="width: 0.5in"></TD>
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    <TD STYLE="text-align: justify">Section 1.1 (Definitions) is hereby amended by adding the following new definitions thereto in the appropriate
        alphabetical order:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
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    <TD STYLE="text-align: justify">&#8220;&#8220;<B>Declassification Event</B>&#8221; means a failure by the Canadian Borrower and the Administration
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        in Management Roles, or one or more Alternative SPT Metrics in accordance with Section 4.14(c), within 15 months after the last Applicable
        Sustainability Margin Adjustment; <U>provided</U>, <U>that</U>, the last day of effectiveness of the most recent Applicable Sustainability
        Margin Adjustment shall be the day that is 12 months after the most recent Sustainability Margin Adjustment Date.&#8221;;</TD></TR>
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    <TD>&#160;</TD>
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
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    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#8220;&#8220;<B>Englobe Properties</B>&#8221; means, collectively, the properties municipally described as
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
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  <TR STYLE="vertical-align: top">
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    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
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    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#8220;&#8221;<B>Register</B>&#8221; has the meaning ascribed thereto in Section 13.18.&#8221;;</TD></TR>
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<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in">&#160;</P>

<P STYLE="margin: 0pt 0 0pt 1in; font-size: 10pt; text-align: justify; text-indent: 0in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(i)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Final Maturity Date&#8221; in Section 1.1 (Definitions) is hereby amended by deleting
        the reference to &#8220;May 27, 2027&#8221; appearing therein and substituting &#8220;November 29, 2029&#8221; therefor;</TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
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    <TD STYLE="width: 0.5in">(j)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Percentage of WELL Certified Properties&#8221; in Section 1.1 (Definitions) is hereby
        deleted in its entirety and the following substituted therefor:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#8220;&#8220;<B>Percentage of WELL Certified Properties</B>&#8221; means the total number of Sustainability
        Eligible Locations occupied by the Canadian Borrower and its Subsidiaries which have received a WELL Health-Safety Rating calculated at
        the end of the most recently completed Fiscal Year (provided that the Englobe Properties shall not be included in such calculation), the
        criteria of such rating are available at https://www.wellcertified.com/health-safety, divided by the total number of Sustainability Eligible
        Locations occupied by the Canadian Borrower and its Subsidiaries calculated at the end of the most recently completed Fiscal Year (provided
        that the Englobe Properties shall not be included in such calculation), as set out in the Sustainability Report and verified by the Sustainability
        Auditor on a limited assurance basis.&#8221;,</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify"><U>provided</U>, <U>that</U>, effective January 1, 2025, the definition of &#8220;Percentage of WELL Certified
        Properties&#8221;, and each reference thereto appearing in the Credit Agreement, shall be automatically and without further action deleted
        in its entirety;</TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="margin: 0pt 0 0pt 1in; font-size: 10pt; text-align: justify; text-indent: 0in"></P>

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<P STYLE="margin: 0pt 0 0pt 1in; font-size: 10pt; text-align: left; text-indent: 0in">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(k)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Total Australian Commitments&#8221; in Section 1.1 (Definitions) is hereby amended
        by deleting the reference to &#8220;U.S.$75,000,000&#8221; appearing therein and substituting &#8220;U.S.$100,000,000&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(l)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Total Canadian Commitments&#8221; in Section 1.1 (Definitions) is hereby amended
        by deleting the reference to &#8220;U.S.$875,000,000&#8221; appearing therein and substituting &#8220;U.S.$1,100,000,000&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(m)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Total Colliers EMEA Commitments&#8221; in Section 1.1 (Definitions) is hereby amended
        by deleting the reference to &#8220;U.S.$100,000,000&#8221; appearing therein and substituting &#8220;U.S.$125,000,000&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(n)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Total Commitments&#8221; in Section 1.1 (Definitions) is hereby amended by deleting
        the reference to &#8220;U.S.$1,750,000,000&#8221; appearing therein and substituting &#8220;U.S.$2,250,000,000&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(o)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Total U.S. Commitments&#8221; in Section 1.1 (Definitions) is hereby amended by deleting
        the reference to &#8220;U.S.$625,000,000&#8221; appearing therein and substituting &#8220;U.S.$825,000,000&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(p)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;Total UK Commitments&#8221; in Section 1.1 (Definitions) is hereby amended by deleting
        the reference to &#8220;U.S.$75,000,000&#8221; appearing therein and substituting &#8220;U.S.$100,000,000&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(q)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;UK Revolving Facility Commitment&#8221; in Section 1.1 (Definitions) is hereby amended
        by deleting the reference to &#8220;U.S.$75,000,000&#8221; appearing therein and substituting &#8220;U.S.$100,000,000&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(r)</TD>
    <TD STYLE="text-align: justify">the definition of &#8220;U.S. Revolving Facility Commitment&#8221; in Section 1.1 (Definitions) is hereby
        amended by deleting the reference to &#8220;U.S.$590,000,000&#8221; appearing therein and substituting &#8220;U.S.$790,000,000&#8221;
        therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(s)</TD>
    <TD STYLE="text-align: justify">Article 4 (Interest, Letter of Credit Fee and Commitment Fees) is hereby amended by adding the following new
        sections thereto:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><B>&#160;</B></TD>
    <TD><B>&#160;</B></TD>
    <TD STYLE="text-align: justify"><B>&#8220;4.15&#160;&#160;&#160;&#160;&#160;&#160;&#160;Declassification Event</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">(a) On and at any time after the occurrence of the Declassification Event the Facilities will no longer be
        classified or re-classified as &#8220;sustainability-linked&#8221;.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">(b) With effect on and from the Declassification Event:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="padding-left: 20pt; text-indent: 20pt; text-align: justify">(i) the definition of &#8220;Applicable Sustainability Margin Adjustment&#8221;
        and each other provision and definition of this Agreement related to this Agreement being &#8220;sustainability-linked&#8221;, including,
        without limitation, Sections 4.14 and 9.6, shall cease to apply; and</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="padding-left: 20pt; text-indent: 20pt; text-align: justify">(ii) no Applicable Sustainability Margin Adjustment will apply to any
        utilization of the Facilities.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify"><B>4.16&#160;&#160;&#160;&#160;&#160;&#160;&#160;Sustainability Publicity</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">The Canadian Borrower shall not, and shall ensure that no other Borrower or Guarantor or Subsidiary thereof
        will, make any disclosure that references the Facilities or any utilization thereof as "sustainability-linked" at any time on
        or after the Declassification Event.&#8221;</TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0.5in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0.5in; margin: 0pt 0 0pt 1in"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"><B></B></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in">&#160;</P>

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<P STYLE="margin: 0pt 0 0pt 1in; font-size: 10pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(t)</TD>
    <TD STYLE="text-align: justify">Section 5.3(a) (Conditions Precedent to Borrowings to Make Acquisitions) is hereby amended by deleting the
        reference to &#8220;Schedule &#8220;J&#8221;&#8221; appearing therein and substituting &#8220;Schedule &#8220;I&#8221;&#8221; therefor;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(u)</TD>
    <TD STYLE="text-align: justify">Section 8.2(h)(iv) (Positive Covenants) is hereby amended by adding the following to the end of such section:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#8220;, <U>provided</U>, <U>further</U> that no Sustainability Certificate shall be required to be delivered
        after a Declassification Event&#8221;;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(v)</TD>
    <TD STYLE="text-align: justify">Article 13 (The Agents) is hereby amended by adding a new section 13.18 thereto:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#8220;<B>13.18&#160;&#160;&#160;&#160;&#160;&#160;Register</B>. The Administration Agent, acting solely as
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        for the recordation of the names and addresses of the Lenders and the Commitments of and obligations (including principal and stated interest)
        owing to the applicable Lender. Without limitation of any other provision of this Agreement, no transfer of an interest in a Loan or Commitment
        hereunder shall be effective unless and until recorded in the Register. Notwithstanding anything to the contrary hereunder, the entries
        in the Register shall be conclusive absent manifest error and each Borrower, Guarantor and Lender shall treat each person whose name is
        recorded in the Register as a Lender hereunder for all purposes of a Loan Document notwithstanding any notice to the contrary. The Register
        shall be available for inspection by each Lender and Borrower at any reasonable time upon reasonable request therefor and from time to
        time upon reasonable prior notice.&#8221;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0 0pt 1in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(w)</TD>
    <TD STYLE="text-align: justify">Schedule &#8220;A&#8221; (List of Unrestricted Entities), Schedule &#8220;B&#8221; (Form of Repayment Notice),
        Schedule &#8220;C&#8221; (Form of Transfer Certificate), Schedule &#8220;D&#8221; (Form of Conversion Notice), Schedule &#8220;E&#8221;
        (Form of Drawdown Notice), Schedule &#8220;F&#8221; ([Reserved]), Schedule &#8220;G&#8221; (Form of Compliance Certificate), Schedule
        &#8220;I&#8221; (Form of Officer&#8217;s Certificate Re: Acquisition Facility), Schedule &#8220;J&#8221; (Permitted Encumbrances), Schedule
        &#8220;K&#8221; (Form of [U.S.] [UK] [Colliers EMEA] [Australian] Promissory Note), Schedule &#8220;L&#8221; (Form of Sustainability Certificate)
        and Schedule &#8220;M&#8221; (Baseline Sustainability Levels) are hereby amended by (i) removing references therein to &#8220;Bank of
        Montreal, Chicago Branch, as U.S. Administration Agent&#8221; and substituting &#8220;Bank of Montreal, as U.S. Administration Agent&#8221;
        therefor, and (ii) where applicable in such Schedules, adding reference to &#8220;Colliers Investment Management Holdings, Inc.&#8221;,
        as a U.S. Borrower and including a signature block for &#8220;Colliers Investment Management Holdings, Inc.&#8221; where applicable;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(x)</TD>
    <TD STYLE="text-align: justify">Schedule &#8220;H-1&#8221; (Canadian Commitments) is hereby deleted and replaced with Schedule H-1 (Canadian
        Commitments) attached hereto as Exhibit A;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(y)</TD>
    <TD STYLE="text-align: justify">Schedule &#8220;H-2&#8221; (U.S. Commitments) is hereby deleted and replaced with Schedule H-2 (U.S. Commitments)
        attached hereto as Exhibit B;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(z)</TD>
    <TD STYLE="text-align: justify">Schedule &#8220;H-3&#8221; (UK Commitments) is hereby deleted and replaced with Schedule H-3 (UK Commitments)
        attached hereto as Exhibit C;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(aa)</TD>
    <TD STYLE="text-align: justify">Schedule &#8220;H-4&#8221; (EMEA Commitments) is hereby deleted and replaced with Schedule H-4 (EMEA Commitments)
        attached hereto as Exhibit D;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(bb)</TD>
    <TD STYLE="text-align: justify">Schedule &#8220;H-5&#8221; (Australian Commitments) is hereby deleted and replaced with Schedule H-5 (Australian
        Commitments) attached hereto as Exhibit E;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(cc)</TD>
    <TD STYLE="text-align: justify">Schedule &#8220;H-6&#8221; (Total Commitments) is hereby deleted and replaced with Schedule H-6 (Australian
        Commitments) attached hereto as Exhibit F.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in; margin: 0pt 0"><FONT STYLE="text-transform: uppercase">Article
3</FONT> &#8211; FEES AND COSTS</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">3.1<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>All
costs incurred by the Administration Agent in preparing this Fourth Amendment (including all legal fees incurred by the Administration
Agent) shall be on the account of the Borrowers, and shall form part of the Obligations. The Borrowers hereby authorize the Administration
Agent to debit any accounts it may have with the Administration Agent in an amount equal to such fees and costs.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in; margin: 0pt 0"><FONT STYLE="text-transform: uppercase">Article
4</FONT> &#8211; CONDITIONS TO EFFECTIVENESS</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">4.1<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;T</FONT>his
Fourth Amendment shall become effective upon the satisfaction of the following conditions precedent in form and substance satisfactory
to the Administration Agent (the date and fulfillment of such conditions being herein referred to as the &#8220;<B>Amendment Effective
Date</B>&#8221;):</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(a)</TD>
    <TD STYLE="text-align: justify">delivery to the Administration Agent of a fully executed copy of this Fourth Amendment, dated the Amendment
        Effective Date, as executed by the Borrowers, the Guarantors, the Agents and the Lenders (with an original wet-ink counterpart signature
        page to be provided by Colliers International Germany Holding GmbH (the &#8220;<B>German Guarantor</B>&#8221;) promptly following closing);</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(b)</TD>
    <TD STYLE="text-align: justify">delivery to the Administration Agent of a customary officer&#8217;s or director&#8217;s certificate of each
        Borrower and each Guarantor which is incorporated or otherwise formed in the jurisdiction of organization or formation of a Borrower,
        signed by an authorized officer or director of such Borrower or Guarantor, certifying and attaching (i) copies of its constitutive documents
        or confirming that they remain in full force and effect and have not been revoked, suspended, amended or modified since they were previously
        provided to the Administration Agent, (ii) resolutions authorizing the execution, delivery and performance of this Fourth Amendment, and
        (iii) incumbencies setting forth the signatures and titles of its authorized signatories certifying their authority to sign this Fourth
        Amendment and any documents contemplated hereby or provided in connection herewith;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(c)</TD>
    <TD STYLE="text-align: justify">delivery to the Administration Agent of a certificate of the Canadian Borrower, signed by an authorized officer
        of the Canadian Borrower, for and on behalf of the Guarantors (to the extent not already provided by the Guarantors pursuant to paragraph
        4.1(b) above), confirming certain customary matters of fact;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(d)</TD>
    <TD STYLE="text-align: justify">delivery to the Administration Agent of certificates of good standing (to the extent such concept exists)
        in respect of each Borrower from the applicable Governmental Authority;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(e)</TD>
    <TD STYLE="text-align: justify">delivery to the Administration Agent of customary legal opinions in respect of each Borrower;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(f)</TD>
    <TD STYLE="text-align: justify">the Administration Agent shall have received payment from the Borrowers of the fees as set forth in that certain
        fee letter dated November 12, 2024 between the Canadian Borrower and the Canadian Agent;</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(g)</TD>
    <TD STYLE="text-align: justify">the Borrowers shall have provided the documentation and other information reasonably requested in writing
        by the Administration Agent and the Lenders as they reasonably determine is required by regulatory authorities under applicable "know
        your customer", beneficial ownership and anti-money-laundering rules and regulations, including, without limitation, the Patriot
        Act and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada), in each case at least three (3) Business Days prior
        to the Amendment Effective Date (or such shorter period as the Administration Agent shall otherwise agree); and</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(h)</TD>
    <TD STYLE="text-align: justify">delivery to the Administration Agent such other documents and information which the Administration Agent or
        the Lenders may reasonably request.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in; margin: 0pt 0"><FONT STYLE="text-transform: uppercase">Article
5</FONT> &#8211; REPRESENTATIONS AND WARRANTIES</P>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD>5.1</TD>
    <TD COLSPAN="2">Each Borrower and each Guarantor warrants and represents to the Agents and the Lenders that the following statements are true,
        correct and complete:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD>&#160;</TD>
    <TD STYLE="text-align: justify">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(a)</TD>
    <TD STYLE="text-align: justify"><U>Authorization, Validity, and Enforceability of this Fourth Amendment</U>. Each Borrower and each Guarantor
        has the corporate power and authority to execute and deliver this Fourth Amendment and to perform its obligations under the Existing Credit
        Agreement, as amended by this Fourth Amendment. Each Borrower and each Guarantor has taken all necessary corporate action (including,
        without limitation, obtaining approval of its shareholders if necessary) to authorize its execution and delivery of this Fourth Amendment
        and the performance of the Credit Agreement. This Fourth Amendment has been duly executed and delivered by each Borrower and each Guarantor
        and this Fourth Amendment and the Credit Agreement constitute the legal, valid and binding obligations of each Borrower and each Guarantor,
        enforceable against each of them in accordance with their respective terms without defence, compensation, setoff or counterclaim. Each
        Borrower&#8217;s and each Guarantor&#8217;s execution and delivery of this Fourth Amendment and the performance by each Borrower and each
        Guarantor of the Credit Agreement do not and will not conflict with, or constitute a violation or breach of, or constitute a default under,
        or result in the creation or imposition of any Lien upon the property of any Borrower or any Guarantor by reason of the terms of (a) any
        contract, mortgage, hypothec, Lien, lease, agreement, indenture, or instrument to which any Borrower or any Guarantor is a party or which
        is binding on any of them, (b) any requirement of law applicable to any Borrower or any Guarantor, or (c) the certificate or articles
        of incorporation or amalgamation or association or bylaws or memorandum of association or constitution of any Borrower or any Guarantor.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(b)</TD>
    <TD STYLE="text-align: justify"><U>Governmental Authorization.</U> No approval, consent, exemption, authorization, or other action by, or
        notice to, or filing with, any governmental authority or other person is necessary or required in connection with the execution, delivery
        or performance by, or enforcement against each Borrower and each Guarantor of this Fourth Amendment or the Credit Agreement except for
        such as have been obtained.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(c)</TD>
    <TD STYLE="text-align: justify"><U>Incorporation of Representations and Warranties from Credit Agreement.</U> The representations and warranties
        contained in Article 8 of the Credit Agreement and the other Loan Documents are and will be true, correct and complete in all material
        respects on and as of the Amendment Effective Date to the same extent as though made on and as of that date, except to the extent such
        representations and warranties specifically relate to an earlier date, in which case they were true, correct and complete in all material
        respects on and as of such earlier date.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(d)</TD>
    <TD STYLE="text-align: justify"><U>Absence of Default.</U> No event has occurred and is continuing or will result from the consummation of
        the transactions contemplated by this Fourth Amendment that would constitute a Default or an Event of Default.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(e)</TD>
    <TD STYLE="text-align: justify"><U>No Other Amendment.</U> Except to the extent set forth herein no additional amendment, consent or waiver
        of any other term, condition, covenant, agreement or any other aspect of the Credit Agreement is intended or implied and except as covered
        by this Fourth Amendment, no other aspect of the covenants referred to herein is amended or waived, including without limitation for any
        other period or circumstance, and no such amendment, waiver or consent is intended or implied.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in"></TD>
    <TD STYLE="width: 0.5in">(f)</TD>
    <TD STYLE="text-align: justify"><U>KYC, etc</U>. All information provided by the Borrowers to the Administration Agent and the Lenders under
        applicable "know your customer", beneficial ownership and anti-money-laundering rules and regulations, including, without limitation,
        the Patriot Act and the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada), remains true, complete and accurate
        as of the Amendment Effective Date.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in; margin: 0pt 0"><FONT STYLE="text-transform: uppercase">Article
6</FONT> &#8211; MISCELLANEOUS</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: center; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">6.1<FONT STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT></FONT>(a)
Each Borrower and each Guarantor (i) reaffirms its Obligations under the Credit Agreement and the other Loan Documents to which it is
a party, and (ii) agrees that the Credit Agreement and the other Loan Documents to which it is a party remain in full force and effect,
except as amended hereby, and are hereby ratified and confirmed. The Guarantors (i) consent to and approve the execution and delivery
of this Fourth Amendment by the parties hereto, (ii) agree that this Fourth Amendment does not and shall not limit or diminish in any
manner the obligations of the Guarantors under their guarantees (collectively, the &#8220;<B>Guarantees</B>&#8221;) and that such obligations
would not be limited or diminished in any manner even if such Guarantors had not executed this Fourth Amendment, (iii) agree that this
Fourth Amendment shall not be construed as requiring the consent of such Guarantors in any other circumstance, (iv) reaffirm each of their
obligations under the Guarantees and the other Loan Documents to which they are a party, and (v) agree that the Guarantees and the other
Loan Documents to which they are a party remain in full force and effect and are hereby ratified and confirmed. (b) The German Guarantor
hereby confirms to the Administration Agent for the benefit of the Administration Agent and the Lenders that (i) the Guarantee (as defined
in the credit guarantee agreement dated as of June 1, 2015, as amended and confirmed from time to time prior to the date hereof, the &#8220;<B>German
Guarantee</B>&#8221;) continues to exist, and (ii) the Guaranteed Obligations (as defined in the German Guarantee) shall include the Obligations
(as defined in the Existing Credit Agreement, as amended by this Fourth Amendment) and for the avoidance of doubt, the Guaranteed Obligations
shall not include any Excluded Swap Obligation (as defined in the Existing Credit Agreement, as amended by this Fourth Amendment).</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">6.2<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>Nothing
contained in this Fourth Amendment or any other communication between the Administration Agent and/or the Lenders and the Borrowers (or
any Guarantor) shall be a waiver of any other present or future violation, Default or Event of Default under the Credit Agreement or any
other Loan Document (collectively, &#8220;<B>Other Violations</B>&#8221;). Similarly, nothing contained in this Fourth Amendment shall
directly or indirectly in any way whatsoever either (i) impair, prejudice or otherwise adversely affect the Agents&#8217; or the Lenders&#8217;
right at any time to exercise any right, privilege or remedy in connection with the Credit Agreement or any other Loan Document with respect
to any Other Violations (including, without limiting the generality of the foregoing, in respect of the non-conformity to any representation,
warranty or covenant contained in any Loan Document), (ii) except as specifically provided in Article 3 hereof, amend or alter any provision
of the Credit Agreement or any other Loan Document or any other contract or instrument, or (iii) constitute any course of dealing or other
basis for altering any obligation of any Borrower or any Guarantor under the Loan Documents or any right, privilege or remedy of the Agents
or the Lenders under the Credit Agreement or any other Loan Document or any other contract or instrument with respect to Other Violations.
Nothing in this Fourth Amendment shall be construed to be a consent by any Agent or the Lenders to any Other Violations.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">6.3<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>This
Fourth Amendment will not discharge or constitute novation of any debt, obligation, covenant or agreement contained in the Credit Agreement
or any of the documents delivered pursuant thereto but same shall remain in full force and effect save to the extent same are amended
by the provisions of this Fourth Amendment.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">6.4<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>All
reasonable expenses of the Administration Agent in connection with this Fourth Amendment and the related documentation, including all
reasonable legal fees and disbursements incurred by the Administration Agent, shall be for the account of the Borrowers.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">6.5<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>This
Fourth Amendment enures to the benefit of and binds the parties and their respective successors and permitted assigns.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">6.6<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>Each
party shall from time to time promptly execute and deliver all further documents and take all further action necessary to give effect
to the provisions and intent of this Fourth Amendment.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">6.7<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>This
Fourth Amendment may be executed and delivered in one or more counterparts, including by way of facsimile, or electronically, each of
which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; text-indent: 0in; margin: 0pt 0">6.8<FONT STYLE="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</FONT>(a)
Subject to Section 6.8(b) below, this Fourth Amendment shall be governed by and construed in accordance with the laws of the Province
of Ontario and the federal laws of Canada applicable therein.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0in">&#160;</P>

<P STYLE="margin: 0pt; font-size: 10pt; text-align: justify; text-indent: 30pt">(b) To the extent that Section 6.1(a) above relates to
reaffirmations, agreements or confirmations in connection with Loan Documents governed by and construed in accordance with laws other
than the laws of the Province of Ontario and the federal laws of Canada, the law governing those Loan Documents shall apply to the applicable
reaffirmations, agreements or confirmations.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify; text-indent: 0.5in">&#160;</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>[Signature pages commence on the following page]</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B></B></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>IN WITNESS WHEREOF</B>, the parties hereto have caused this Fourth Amendment
to Sustainability Linked Third Amended and Restated Credit Agreement to be executed as of the date first above written.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">&#160;</P>

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    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
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    <TD COLSPAN="3">I have the authority to bind the Corporation</TD></TR>
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<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">&#160;</P>

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    <TD STYLE="width: 25%">&#160;</TD>
    <TD STYLE="width: 5%">&#160;</TD>
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<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: justify">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0; text-indent: 3.5in"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: justify; text-indent: 3.5in">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0"></P>

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    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">&#160;</P>

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    <TD STYLE="text-align: left; width: 25%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD COLSPAN="3" STYLE="text-align: left">I have the authority to bind the Company</TD></TR>
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<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR STYLE="vertical-align: top">
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    <TD STYLE="text-align: left; width: 25%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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  <TR STYLE="vertical-align: top">
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 14 -->
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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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    <TD STYLE="border-top: Black 1pt dotted; text-align: left">Name of director <BR> (BLOCK LETTERS)</TD></TR>
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P>

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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

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    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left; width: 25%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

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    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left; width: 25%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

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    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&nbsp;</P>

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    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left; width: 25%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR STYLE="vertical-align: top">
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B>&nbsp;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B>&nbsp;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B></B></P>

<!-- Field: Page; Sequence: 21 -->
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B>AGENTS</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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    <TD STYLE="text-align: left; width: 30%">&#160;</TD>
    <TD STYLE="text-align: left; width: 25%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"><B><I>&#160;</I></B></P>
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        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"><I>Bank of Montreal</I></P>
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        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"><I>Tel: [REDACTED]</I></P>
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        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"><I>Email: [REDACTED]</I></P></TD></TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; text-align: left">
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 30%">&#160;</TD>
    <TD STYLE="text-align: left; width: 25%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">Name:</TD>
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  <TR>
    <TD STYLE="vertical-align: top; text-align: left">&#160;</TD>
    <TD STYLE="vertical-align: top; text-align: left">&#160;</TD>
    <TD STYLE="vertical-align: top; text-align: left">&#160;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: left"><I>&lt;Signed&gt; Scott Matthews</I></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Name:</TD>
    <TD STYLE="text-align: left">Scott Matthews</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; text-align: left">
        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="text-transform: uppercase"><B>HSBC BANK AUSTRALIA LIMITED, </B></FONT><B>as Australian
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  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Per:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: left"><I>&lt;Signed&gt; Matthew Sargent</I></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 30%">&#160;</TD>
    <TD STYLE="text-align: left; width: 25%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">Name:</TD>
    <TD STYLE="text-align: left; width: 35%">Matthew Sargent</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Title:</TD>
    <TD STYLE="text-align: left">Director</TD></TR>
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<P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B>&nbsp;</B></P>

<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: left"><B></B></P>

<P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"><B></B></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>CANADIAN LENDERS</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD>&#160;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">
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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
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    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 40%"><I>&lt;Signed&gt; Sophia Soofi</I></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Name: Sophia Soofi</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">
        <P STYLE="margin-top: 0; margin-bottom: 0">Title: Managing Director, Corporate Banking</P>
        <P STYLE="margin-top: 0; margin-bottom: 0">&#160;</P></TD></TR>
  <TR>
    <TD>&#160;</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">Per:</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Name: Gian Guerrero</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD>
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        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">&#160;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD COLSPAN="2">
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Address for Notice: [REDACTED]</P>
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Attn:</P>
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        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Telecopier No.: [REDACTED]</P>
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Email:&#160; [REDACTED]</P></TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD>&#160;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">
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        <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="text-transform: uppercase"><B>&#160;</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
    <TD STYLE="text-align: left; width: 5%">Per:</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Name: Caroline Winter-Nolan</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD COLSPAN="2">
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">&#160;</P>
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Address for Notice:</P>
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">[REDACTED]</P>
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">&#160;</P>
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Tel.: [REDACTED]</P>
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Email: [REDACTED]</P>
        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0"></P></TD></TR>
  </TABLE>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 29 -->
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<!-- Field: Page; Sequence: 31 -->
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
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  <TR STYLE="vertical-align: top">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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    <TD>&#160;</TD>
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        <P STYLE="margin-top: 0; margin-bottom: 0"><B>&#160;</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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  <TR>
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Title: </TD></TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 34 -->
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>CANADIAN LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
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    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">
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  <TR>
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Title: </TD></TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 35 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>U.S. LENDERS</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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    <TD STYLE="width: 55%">&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">
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  <TR>
    <TD>&#160;</TD>
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    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
    <TD STYLE="text-align: left">Name: </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
    <TD STYLE="text-align: left">&#160;</TD>
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  <TR STYLE="vertical-align: top">
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        <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">&#160;</P>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>U.S. LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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                                                                     <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="text-transform: uppercase"><B>&#160;</B></FONT></P></TD></TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD></TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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  <TR>
    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>U.S. LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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  <TR>
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    <TD>&#160;</TD>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>U.S. LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR>
    <TD>&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>U.S. LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>U.S. LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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  <TR>
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  <TR STYLE="vertical-align: top">
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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    <TD STYLE="width: 55%">&#160;</TD>
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

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    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B>&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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  <TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>UK LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>UK LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR STYLE="vertical-align: top">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>UK LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD>&#160;</TD>
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  <TR>
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  <TR STYLE="vertical-align: top">
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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  <TR>
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  <TR STYLE="vertical-align: top">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>UK LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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  <TR>
    <TD>&#160;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
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    <TD>&#160;</TD>
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  <TR>
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  <TR STYLE="vertical-align: top">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>UK LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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  <TR>
    <TD>&#160;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
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    <TD>&#160;</TD>
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  <TR>
    <TD>&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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    <!-- Field: /Page -->

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>UK LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR>
    <TD>&#160;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
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    <TD>&#160;</TD>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR>
    <TD>&#160;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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    <!-- Field: /Page -->

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>COLLIERS EMEA LENDERS CONT&#8217;D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <TR>
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    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left">&#160;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%">&#160;</TD>
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    <TD>&#160;</TD>
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    <TD>&#160;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&#160;</TD>
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    <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Telecopier No.: ([REDACTED]</P>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>AUSTRALIAN LENDER</B></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; text-align: center"><FONT STYLE="text-transform: uppercase"><B>HSBC BANK
AUSTRALIA LIMITED</B></FONT></P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

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  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: top; width: 44%">
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    LIMITED </B>(ABN 48 006 434 162) </FONT>by its duly appointed attorney under power of attorney in the presence of:</P>
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    <I>&lt;Signed&gt; Raymond Cheng</I></P>
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    </U>Witness Signature</P>
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    <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">Raymond Cheng</P>
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    Print Name</P></TD>
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    <TD STYLE="vertical-align: bottom; width: 52%">
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    Attorney Signature</P>
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    Matthew Sargent</P>
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    Print Name</P>
    <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">&#160;</P>
    <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">&#160;</P></TD></TR>
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    <TD STYLE="text-align: left">&#160;</TD>
    <TD>
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    <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">[REDACTED]</P>
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    <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">&#160;</P>
    <P STYLE="font-size: 10pt; text-align: left; margin: 0pt 0">&#160;</P></TD></TR>
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<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B></B></P>

    <!-- Field: Page; Sequence: 32 --><DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center">Signature page to Fourth Amendment to<BR> Sustainability Linked Third Amended and Restated Credit Agreement - Colliers</P></DIV>

    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>EXHIBIT A</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">SCHEDULE &#8220;H-1&#8221; TO THE THIRD AMENDED AND
RESTATED CREDIT AGREEMENT DATED AS OF MAY 27, 2022 (AS AMENDED, RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME) BY AND
AMONG, AMONGST OTHERS, COLLIERS INTERNATIONAL GROUP INC., AS A CANADIAN BORROWER, COLLIERS MACAULAY NICOLLS INC., AS A CANADIAN BORROWER,
COLLIERS INTERNATIONAL HOLDINGS (USA), INC., AS U.S. BORROWER, GLOBESTAR LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL EMEA HOLDINGS
LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, AS AUSTRALIAN BORROWER, CO&#214;PERATIE CMN NETHERLANDS
HOLDCO U.A., AS DUTCH BORROWER, THE SUBSIDIARIES NAMED ON THE EXECUTION PAGES THEREOF, AS GUARANTORS, THE BANKS NAMED ON THE EXECUTION
PAGES THEREOF, AS LENDERS, BMO CAPITAL MARKETS, AS CO-LEAD ARRANGER, SOLE BOOKRUNNER AND SUSTAINABILITY STRUCTURING AGENT, BANK OF MONTREAL,
AS ADMINISTRATION AGENT, CANADIAN ADMINISTRATION AGENT AND U.S. ADMINISTRATION AGENT, BANK OF MONTREAL, LONDON BRANCH, AS EUROPEAN ADMINISTRATION
AGENT, AND HSBC BANK AUSTRALIA LIMITED, AS AUSTRALIAN AGENT.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: justify">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center; margin: 0pt 0">CANADIAN COMMITMENTS</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center">&#160;</P>

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    <TD COLSPAN="5" STYLE="border: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Canadian Facilities</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 33%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Lenders</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 17%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[Reserved]</FONT></TD>
    <TD STYLE="vertical-align: top; width: 17%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Canadian Swingline B Commitment</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 17%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Canadian Revolving Facility Commitment</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 16%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Total Canadian Commitment</FONT></TD></TR>
  <TR>
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    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">JPMorgan Chase Bank, N.A., Toronto Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Mizuho Bank, Ltd., Canada Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">U.S. Bank National Association</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Bank of America, N.A., Canada Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Toronto-Dominion Bank</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Royal Bank of Canada</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Canadian Imperial Bank of Commerce</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Bank of Nova Scotia</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">National Bank of Canada</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Wells Fargo Bank, N.A., Canadian Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">F&#233;d&#233;ration des Caisses Desjardins du Qu&#233;bec</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">HSBC UK Bank PLC</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&#160;</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$15,000,000.00</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$1,085,000,000</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$1,100,000,000</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">&#160;</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"></P>

<!-- Field: Page; Sequence: 76; Options: NewSection -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><P STYLE="margin: 0pt">&#160;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&#160;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>EXHIBIT B</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">SCHEDULE &#8220;H-2&#8221; TO THE THIRD AMENDED AND
RESTATED CREDIT AGREEMENT DATED AS OF MAY 27, 2022 (AS AMENDED, RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME) BY AND
AMONG, AMONGST OTHERS, COLLIERS INTERNATIONAL GROUP INC., AS A CANADIAN BORROWER, COLLIERS MACAULAY NICOLLS INC., AS A CANADIAN BORROWER,
COLLIERS INTERNATIONAL HOLDINGS (USA), INC., AS U.S. BORROWER, GLOBESTAR LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL EMEA HOLDINGS
LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, AS AUSTRALIAN BORROWER, CO&#214;PERATIE CMN NETHERLANDS
HOLDCO U.A., AS DUTCH BORROWER, THE SUBSIDIARIES NAMED ON THE EXECUTION PAGES THEREOF, AS GUARANTORS, THE BANKS NAMED ON THE EXECUTION
PAGES THEREOF, AS LENDERS, BMO CAPITAL MARKETS, AS CO-LEAD ARRANGER, SOLE BOOKRUNNER AND SUSTAINABILITY STRUCTURING AGENT, BANK OF MONTREAL,
AS ADMINISTRATION AGENT, CANADIAN ADMINISTRATION AGENT AND U.S. ADMINISTRATION AGENT, BANK OF MONTREAL, LONDON BRANCH, AS EUROPEAN ADMINISTRATION
AGENT, AND HSBC BANK AUSTRALIA LIMITED, AS AUSTRALIAN AGENT.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: justify">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center; margin: 0pt 0">U.S. COMMITMENTS</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="border: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">U.S. Facilities</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 35%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Lenders</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 16%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">U.S. Swingline Commitment</FONT></TD>
    <TD STYLE="vertical-align: top; width: 17%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Sweep to Loan Commitment</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 17%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">U.S. Revolving Facility Commitment</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 15%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Total U.S. Commitment</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Bank of Montreal, Chicago Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">JPMorgan Chase Bank, N.A.</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Mizuho Bank, Ltd., Canada Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">U.S. Bank National Association</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Bank of America, N.A., Canada Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Canadian Imperial Bank of Commerce</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Bank of Nova Scotia</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Toronto-Dominion Bank, New York Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Royal Bank of Canada</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">National Bank of Canada</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Wells Fargo Bank, N.A., Canadian Branch</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">F&#233;d&#233;ration des Caisses Desjardins du Qu&#233;bec</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">HSBC UK Bank PLC</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$20,000,000.00</U></FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$15,000,000.00</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$790,000,000</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$825,000,000</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B></B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B>EXHIBIT C</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">SCHEDULE &#8220;H-3&#8221; TO THE THIRD AMENDED AND
RESTATED CREDIT AGREEMENT DATED AS OF MAY 27, 2022 (AS AMENDED, RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME) BY AND
AMONG, AMONGST OTHERS, COLLIERS INTERNATIONAL GROUP INC., AS A CANADIAN BORROWER, COLLIERS MACAULAY NICOLLS INC., AS A CANADIAN BORROWER,
COLLIERS INTERNATIONAL HOLDINGS (USA), INC., AS U.S. BORROWER, GLOBESTAR LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL EMEA HOLDINGS
LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, AS AUSTRALIAN BORROWER, CO&#214;PERATIE CMN NETHERLANDS
HOLDCO U.A., AS DUTCH BORROWER, THE SUBSIDIARIES NAMED ON THE EXECUTION PAGES THEREOF, AS GUARANTORS, THE BANKS NAMED ON THE EXECUTION
PAGES THEREOF, AS LENDERS, BMO CAPITAL MARKETS, AS CO-LEAD ARRANGER, SOLE BOOKRUNNER AND SUSTAINABILITY STRUCTURING AGENT, BANK OF MONTREAL,
AS ADMINISTRATION AGENT, CANADIAN ADMINISTRATION AGENT AND U.S. ADMINISTRATION AGENT, BANK OF MONTREAL, LONDON BRANCH, AS EUROPEAN ADMINISTRATION
AGENT, AND HSBC BANK AUSTRALIA LIMITED, AS AUSTRALIAN AGENT.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: justify">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center; margin: 0pt 0">UK COMMITMENTS</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center">&#160;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 71%; border: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Lenders</FONT></TD>
    <TD STYLE="width: 29%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">UK Revolving Facility Commitment</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Bank of Montreal, London Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">JPMorgan Chase Bank, N.A.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Mizuho Bank, Ltd., Canada Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">U.S. Bank National Association</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Bank of America N.A., Canada Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Toronto-Dominion Bank, London Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Canadian Imperial Bank of Commerce</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Bank of Nova Scotia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Royal Bank of Canada</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">HSBC UK Bank PLC</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">National Bank of Canada</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Wells Fargo Bank, N.A., Canadian Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">F&#233;d&#233;ration des Caisses Desjardins du Qu&#233;bec</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$100,000,000</U></FONT></TD></TR>
  </TABLE>
<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B></B></P>

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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>EXHIBIT D</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">SCHEDULE &#8220;H-4&#8221; TO THE THIRD AMENDED AND
RESTATED CREDIT AGREEMENT DATED AS OF MAY 27, 2022 (AS AMENDED, RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME) BY AND
AMONG, AMONGST OTHERS, COLLIERS INTERNATIONAL GROUP INC., AS A CANADIAN BORROWER, COLLIERS MACAULAY NICOLLS INC., AS A CANADIAN BORROWER,
COLLIERS INTERNATIONAL HOLDINGS (USA), INC., AS U.S. BORROWER, GLOBESTAR LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL EMEA HOLDINGS
LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, AS AUSTRALIAN BORROWER, CO&#214;PERATIE CMN NETHERLANDS
HOLDCO U.A., AS DUTCH BORROWER, THE SUBSIDIARIES NAMED ON THE EXECUTION PAGES THEREOF, AS GUARANTORS, THE BANKS NAMED ON THE EXECUTION
PAGES THEREOF, AS LENDERS, BMO CAPITAL MARKETS, AS CO-LEAD ARRANGER, SOLE BOOKRUNNER AND SUSTAINABILITY STRUCTURING AGENT, BANK OF MONTREAL,
AS ADMINISTRATION AGENT, CANADIAN ADMINISTRATION AGENT AND U.S. ADMINISTRATION AGENT, BANK OF MONTREAL, LONDON BRANCH, AS EUROPEAN ADMINISTRATION
AGENT, AND HSBC BANK AUSTRALIA LIMITED, AS AUSTRALIAN AGENT.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: justify">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center; margin: 0pt 0">Colliers EMEA COMMITMENTS</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center">&#160;</P>

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    <TD STYLE="width: 29%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Colliers EMEA Revolving Facility Commitment</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Bank of Montreal, London Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">JPMorgan Chase Bank, N.A.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Mizuho Bank, Ltd., Canada Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Bank of Nova Scotia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Toronto-Dominion Bank, London Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Royal Bank of Canada</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">National Bank of Canada</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Wells Fargo Bank, N.A., Canadian Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">HSBC UK Bank PLC</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">F&#233;d&#233;ration des Caisses Desjardins du Qu&#233;bec</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$125,000,000</U></FONT></TD></TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B></B></P>

<!-- Field: Page; Sequence: 79 -->
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>EXHIBIT E</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">SCHEDULE &#8220;H-5&#8221; TO THE THIRD AMENDED AND
RESTATED CREDIT AGREEMENT DATED AS OF MAY 27, 2022 (AS AMENDED, RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME) BY AND
AMONG, AMONGST OTHERS, COLLIERS INTERNATIONAL GROUP INC., AS A CANADIAN BORROWER, COLLIERS MACAULAY NICOLLS INC., AS A CANADIAN BORROWER,
COLLIERS INTERNATIONAL HOLDINGS (USA), INC., AS U.S. BORROWER, GLOBESTAR LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL EMEA HOLDINGS
LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, AS AUSTRALIAN BORROWER, CO&#214;PERATIE CMN NETHERLANDS
HOLDCO U.A., AS DUTCH BORROWER, THE SUBSIDIARIES NAMED ON THE EXECUTION PAGES THEREOF, AS GUARANTORS, THE BANKS NAMED ON THE EXECUTION
PAGES THEREOF, AS LENDERS, BMO CAPITAL MARKETS, AS CO-LEAD ARRANGER, SOLE BOOKRUNNER AND SUSTAINABILITY STRUCTURING AGENT, BANK OF MONTREAL,
AS ADMINISTRATION AGENT, CANADIAN ADMINISTRATION AGENT AND U.S. ADMINISTRATION AGENT, BANK OF MONTREAL, LONDON BRANCH, AS EUROPEAN ADMINISTRATION
AGENT, AND HSBC BANK AUSTRALIA LIMITED, AS AUSTRALIAN AGENT.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: justify">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center; margin: 0pt 0">AUSTRALIAN COMMITMENTS</P>

<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="border: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Australian Facilities</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 48%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Lenders</FONT></TD>
    <TD STYLE="width: 17%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Australian Swingline Commitment</FONT></TD>
    <TD STYLE="width: 19%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Australian Revolving Facility Commitment</FONT></TD>
    <TD STYLE="width: 16%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Total Australian Commitment</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">HSBC Bank Australia Limited</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center">&#160;</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$0</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$100,000,000</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><U>$100,000,000</U></FONT></TD></TR>
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<P STYLE="font-size: 10pt; text-align: justify; margin: 0pt 0"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0"><B></B></P>

<!-- Field: Page; Sequence: 80 -->
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>EXHIBIT F</B></P>

<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: center"><B>&#160;</B></P>

<P STYLE="font-size: 10pt; font-weight: bold; text-align: justify; margin: 0pt 0">SCHEDULE &#8220;H-6&#8221; TO THE THIRD AMENDED AND
RESTATED CREDIT AGREEMENT DATED AS OF MAY 27, 2022 (AS AMENDED, RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME) BY AND
AMONG, AMONGST OTHERS, COLLIERS INTERNATIONAL GROUP INC., AS A CANADIAN BORROWER, COLLIERS MACAULAY NICOLLS INC., AS A CANADIAN BORROWER,
COLLIERS INTERNATIONAL HOLDINGS (USA), INC., AS U.S. BORROWER, GLOBESTAR LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL EMEA HOLDINGS
LIMITED, AS A UK BORROWER, COLLIERS INTERNATIONAL HOLDINGS (AUSTRALIA) LIMITED, AS AUSTRALIAN BORROWER, CO&#214;PERATIE CMN NETHERLANDS
HOLDCO U.A., AS DUTCH BORROWER, THE SUBSIDIARIES NAMED ON THE EXECUTION PAGES THEREOF, AS GUARANTORS, THE BANKS NAMED ON THE EXECUTION
PAGES THEREOF, AS LENDERS, BMO CAPITAL MARKETS, AS CO-LEAD ARRANGER, SOLE BOOKRUNNER AND SUSTAINABILITY STRUCTURING AGENT, BANK OF MONTREAL,
AS ADMINISTRATION AGENT, CANADIAN ADMINISTRATION AGENT AND U.S. ADMINISTRATION AGENT, BANK OF MONTREAL, LONDON BRANCH, AS EUROPEAN ADMINISTRATION
AGENT, AND HSBC BANK AUSTRALIA LIMITED, AS AUSTRALIAN AGENT.</P>

<P STYLE="margin: 0pt 0; font-size: 10pt; font-weight: bold; text-align: justify">&#160;</P>

<P STYLE="font-size: 10pt; font-weight: bold; text-transform: uppercase; text-align: center; margin: 0pt 0">TOTAL COMMITMENTS</P>

<P STYLE="font-size: 10pt; text-align: center; margin: 0pt 0">&#160;</P>

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    <TD STYLE="width: 36%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Total Commitments<BR>
All Facilities</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Bank of Montreal, Bank of Montreal, Chicago Branch and Bank of Montreal, London Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">JPMorgan Chase Bank, N.A., Toronto Branch and JPMorgan Chase Bank, N.A.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Mizuho Bank, Ltd., Canada Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">U.S. Bank National Association</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Bank of America, N.A., Canada Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">HSBC UK Bank PLC and HSBC Bank Australia Limited</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Royal Bank of Canada</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Canadian Imperial Bank of Commerce</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">The Bank of Nova Scotia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">National Bank of Canada</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Wells Fargo Bank, N.A., Canadian Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">F&#233;d&#233;ration des Caisses Desjardins du Qu&#233;bec</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">[REDACTED]</FONT></TD></TR>
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<P STYLE="margin: 0pt 0; font-size: 10pt; text-align: justify"><B>&#160;</B></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
