16 November 2022

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL   

ISIN: GB00BL6XZ716

LEI: 21380097W74N9OYF5Z25

CHANGE OF AUDITOR

Capital & Regional plc announces that, following the conclusion of a formal tender process led by the Company's Audit Committee, the Board has approved the proposed appointment of Mazars LLP as the Company's auditor for the financial year ending 30 December 2023, which will be subject to approval by the Company's shareholders at the next Annual General Meeting to be held in May 2023.

Deloitte LLP, the Company's current auditor, will step down following completion of the audit of the financial year ending 30 December 2022, due to the impact of mandatory rotation requirements.

For further information:

Capital & Regional plc                      020 7932 8000

Lawrence Hutchings

Stuart Wetherly

FTI Consulting                                  020 3727 1000

Richard Sunderland                           

Maria Saud

Katie Hughes

capreg@fticonsulting.com

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering significant value enhancing retail and leisure asset management opportunities across its portfolio of in-town, dominant community shopping centres.

Capital & Regional owns and/or manages seven shopping centres in Hemel Hempstead, Ilford, Luton, Maidstone, Redditch, Walthamstow and Wood Green. Capital & Regional manages these assets through its in-house expert property and asset management platform.

For further information see www.capreg.com.