Company Announcements

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

2 March 2026

Home REIT plc

("Home REIT" or the "Company")

Exchange on sale of 706 asset portfolio for £123 million

The Board of Home REIT is pleased to announce a transaction in which it has exchanged on the disposal of 706 properties, representing the majority of the Company's portfolio of assets, to Patron Capital for £123.0 million (the "Transaction").

Completion of the Transaction will be no later than 1 April 2026 and Patron has paid a cash deposit of £12.3 million upon exchange of contracts, with the remainder of the consideration to be received in two tranches, comprising of a payment on completion of £98 million (less the amount received on deposit) and a deferred payment of £25m, which will be received 12 months from the date of completion. The deferred consideration is not subject to any conditions and is secured by a bank guarantee.

The disposal follows an extensive process undertaken by Home REIT and its advisers which commenced in Q4 2024 with non-binding offers for the portfolio received in February 2025.

The remaining properties in the Company's portfolio were valued at £17.35 million in the valuation report prepared by Jones Lang LaSalle as at 31 August 2025, and the sales process in relation to the majority of these properties is expected to conclude in the first half of 2026.

While it remains the aspiration of the Board that capital will be returned to shareholders upon the completion of the realisation strategy, shareholders should be aware that the timing and quantum of such distributions remains highly uncertain. The ability of the Company to make distributions to shareholders continues to be constrained whilst the Company faces potential group litigation or other claims. The Board is continuing to work with its advisers to determine an appropriate mechanism for, and timing of, any return of capital.

Michael O'Donnell, Non-executive Chair of the company said: "The Board is committed to securing the best possible result for shareholders, and after an exhaustive process, we are pleased to have exchanged on a transaction which we believe is in their best interests. For the Company as a whole there remain further hurdles to cross, however, the Transaction represents an important milestone."

FOR FURTHER INFORMATION, PLEASE CONTACT:

The Company's LEI is: 213800A53AOVH3FCGG44.

For more information, please visit the Company's website: www.homereituk.com