Board Changes

Real Estate Credit Investments Limited

(the "Company")

Board Changes

Real Estate Credit Investments Limited ("RECI" / "the Company") announces that John Hallam, current Senior Independent Director, has notified the Company that he wishes to step down from the Board at the Company's September AGM for personal reasons.

Susie Farnon, independent non-executive director and Chair of the Audit & Risk Committee, has been appointed to succeed John Hallam as Senior Independent Director with immediate effect.

Bob Cowdell, Chairman of RECI commented: "I wish to thank John for his highly valued contribution to the Company since 2016 and his diligence in carrying out the roles of Chair of the Audit & Risk and the Remuneration Committees and as Senior Independent Director. The Board has benefited greatly from his broad experience and wise counsel and we wish him well for the future."

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