11 July 2022

Ediston Property Investment Company plc

(LEI: 213800JRL87EGX9TUI28)

Appointment of New Director

The Board of Directors of Ediston Property Investment Company plc is pleased to announce the appointment of Ms Karyn Lamont as an independent non-executive Director of the Company with effect from 1 September 2022.

Upon her appointment, Karyn will assume the role of Audit and Risk Committee Chair, replacing Mr Robin Archibald who will continue to act as a non-executive director until he retires from the Board in 2023.

Karyn is a chartered accountant and former audit partner at PwC. She has over 30 years of professional experience of collective funds and has provided audit and other services to a range of clients across the UK's financial services sector, including a number of investment trusts. Her specialist knowledge includes financial reporting, audit and controls, risk management, regulatory compliance and governance.

Karyn is an experienced audit chair and currently acts as non-executive director and audit chair for The North American Income Trust plc, The Scottish American Investment Company P.L.C., The Scottish Building Society, The Scottish Investment Trust and iomart Group plc. Karyn will stand down as a director of The Scottish Investment Trust on the liquidation of that company, expected by the end of August 2022.

There is no other information required to be disclosed pursuant to paragraph 9.6.13 R of the Listing Rules in relation to this appointment.

Karyn will stand for election at the Annual General Meeting to be held in February 2023.

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