16 January 2025

SUPERMARKET INCOME REIT PLC  

(the "Company")  

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust with secure, inflation-linked, long-dated income from grocery property, is pleased to announce that it has appointed Roger Blundell as an independent non-executive director of the Company with immediate effect.

Roger will also serve as a member of the Company's Audit & Risk Committee, Remuneration Committee and Management Engagement Committee and will succeed Jon Austen as Chair of the Audit and Risk Committee, who will stand down from the Board at  the Company's next Annual General Meeting, which is expected to take place in November 2025.  

Roger is a qualified Chartered Accountant with over 30 years of experience across a range of sectors including real estate and retail. He formerly served as CFO of Grosvenor Property UK and Kensington Group plc, with responsibility for financing strategy, corporate and investment transactions, mergers and acquisitions, and capital raising. He is currently the Audit Chair of the National Portrait Gallery and holds other non-executive positions with Jersey Electricity plc, University College London, and the Government Property Agency where he chairs the Investment Committee.

Nick Hewson, Chair of Supermarket Income REIT, commented:

"On behalf of the Board, we are pleased to welcome Roger as an independent non-executive director of the Company. Roger's appointment is made in line with the Board's succession plan, as detailed in the 2024 Annual Report. We believe that Roger's knowledge, skills and experience are complementary to those of the existing Directors and that, following an orderly handover, he will be an excellent replacement for Jon in the Audit and Risk Committee Chair role."

At the date of appointment, Roger holds no shares in the Company.

There are no other details that are required to be disclosed in respect of Rule 6.4.8R of the Financial Conduct Authority's Listing Rules.

NOTES TO EDITORS:    

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company's supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography.

The Company's assets earn long-dated, secure, inflation-linked, growing income. The Company targets a progressive dividend and the potential for capital appreciation over the longer term.

The Company is listed on the Closed-ended investment funds category of the FCA's Official List and its Ordinary Shares are traded on the LSE's Main Market. The Company also has a secondary listing on the Main Board of the JSE Limited in South Africa.

Atrato Capital Limited is the Company's Investment Adviser.  

Further information is available on the Company's website www.supermarketincomereit.com  

LEI: 2138007FOINJKAM7L537  

Stifel Nicolaus Europe Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Supermarket Income REIT plc and no one else in connection with this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Stifel Nicolaus Europe Limited nor for providing advice in connection with the matters referred to in this announcement.

Goldman Sachs International, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting exclusively for Supermarket Income REIT plc and no one else in connection with this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Goldman Sachs International nor for providing advice in connection with the matters referred to in this announcement.