Update on new CEO joining

10 September 2020

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

UPDATE ON NEW CHIEF EXECUTIVE OFFICER JOINING

Further to its announcement of 26 June 2020, the Board of Empiric Student Property plc (ticker: ESP), the owner and operator of premium student accommodation across the UK, is pleased to announce that Duncan Garrood will be joining the Company as Chief Executive Officer on 28 September 2020.

Additionally, William Atkinson, who was appointed in July 2020, will also join Empiric on the same day as Property Director and a member of the Senior Leadership Team. William has 16 years' experience in investment and development across a variety of operational assets, in particular multi-family real estate.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800FPF38IBPRFPU87.

Further information on Empiric can be found on the Company's website at www.empiric.co.uk.

Notes:

Empiric Student Property plc is a leading provider and operator of modern, predominantly direct-let, premium student accommodation located in high-demand university towns and cities across the UK. Investing in both operating and development assets, Empiric is a fully integrated operational student property business focused on premium studio-led accommodation managed through its Hello Student® operating platform, that is attractive to affluent growing student segments.

The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.