7 June 2022

APPOINTMENT OF PRISCILLA DAVIES AS INDEPENDENT NON-EXECUTIVE DIRECTOR

Schroder Real Estate Investment Trust Limited (the "Company") is pleased to announce the appointment of Priscilla Davies as an independent Non-Executive Director and Senior Independent Director of the Company, with immediate effect. Priscilla will also join the Audit, Nomination, and Management Engagement Committees.

Priscilla has over 25 years of financial services experience across a range of sectors including asset management and alternative investments covering real estate, private equity, infrastructure and renewables. She is currently a Non-Executive Director and Chair at UBS Asset Management UK Ltd, Non-Executive Director and Chair of Audit and Risk at Cubico Sustainable Investments, and Non-Executive Director with various Chair positions at Embark Group Limited and its regulated subsidiaries.

Priscilla previously held various senior positions at Janus Henderson, most latterly as Managing Director of the Private Equity business. She is also a Chartered Accountant and a member of the Chartered Accountants Australia and New Zealand.

It is confirmed that there are no other details to be disclosed concerning Ms. Davies under Listing Rule 9.6.13 R.

Lorraine Baldry, Chairman of the Board, commented: "I would like to welcome Priscilla to the Board. The depth and breadth of her experience across the financial services sector, including her strong sustainability credentials, will be invaluable as we look to execute on our strategy."

Enquiries:

Matthew Riley

Schroder Investment Management Limited                                              

Tel: 020 7658 6596

FTI Consulting

Dido Laurimore / Richard Gotla / Ollie Parsons

[email protected]

Tel: 020 3727 1000