1 June 2026

Ground Rents Income Fund plc

("GRIO" or the "Company")

Resignation of non-executive directors

Ground Rents Income Fund plc announces that Bill Holland and Katherine Innes Ker have both stepped down as Non-Executive Directors of the Company, with effect from 29 May 2026.

The Board thanks Bill and Katherine for their careful navigation of the Company through a time of significant regulatory and corporate headwinds.

Enquiries:

Schroder Real Estate Investment Management Limited

Chris Leek

020 7658 6000

Singer Capital Markets (Financial Adviser & Broker)

James Maxwell / Sam Butcher (Investment Banking)

Sam Greatrex (Sales)

020 7496 3000

Appleby Securities (Channel Islands) Limited (Sponsor)

Andrew Weaver / Michael Davies

01534 888 777

FTI Consulting

Richard Gotla / Oliver Parsons

0203 727 1000

JTC (UK) Limited (Company Secretary)

Ruth Wright

+44 207 409 0181