Investor Update

Paradigm Homes Charitable Housing Association Limited (the Issuer)

£300,000,000 5.25 per cent. Secured Sustainability Bonds due 2044; and

£350,000,000 2.25 per cent. Secured Bonds due 2051

(the Bonds)

Following announcement of the possibility of Paradigm Housing Group Limited (Paradigm) and Settle Group (Settle) forming a legal partnership, we would like to give notice of that a copy of our Investor Update can be found on the Investors' page on Paradigm's website.

For further information, please contact:

Nicola Ewen

Paradigm Homes Charitable Housing Limited

1 Glory Park Avenue

Wooburn Green

Bucks

HP10 0DF

Email: Nicola.Ewen@paradigmhousing.co.uk

Leke Adebiyi

Paradigm Homes Charitable Housing Limited

1 Glory Park Avenue

Wooburn Green

Bucks

HP10 0DF

Email: Leke.Adebiyi@paradigmhousing.co.uk

Disclaimer The information contained herein (the Update) has been prepared by Paradigm and its subsidiaries (the Group), including the Issuer and is for information purposes only.

The Update should not be construed as an offer or solicitation to buy or sell any securities issued by Paradigm, the Issuer or any other member of the Group, or any interest in any such securities, and nothing herein should be construed as a recommendation or advice to invest in any such securities.

Statements in the Update, including those regarding possible or assumed future or other performance of the Group as a whole or any member of it, industry growth or other trend projections may constitute forward-looking statements and as such involve risks and uncertainties that may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements. Accordingly, no assurance is given that such forward-looking statements will prove to have been correct. They speak only as at the date of the Update and neither Paradigm nor any other member of the Group undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments, occurrence of unanticipated events or otherwise.

None of Paradigm, any member of the Group or anyone else is under any obligation to update or keep current the information contained in the Update. The information in the Update is subject to verification, does not purport to be comprehensive, is provided as at the date of the Update and is subject to change without notice.

No reliance should be placed on the information or any projections, targets, estimates or forecasts and nothing in the Update is or should be relied on as a promise or representation as to the future. No statement in the Update is intended to be an estimate or forecast. No representation or warranty, express or implied, is given by or on behalf of Paradigm, any other member of the Group or any of their respective directors, officers, employees, advisers, agents or any other persons as to the accuracy or validity of the information or opinions contained in the Update (and whether any information has been omitted from the Update). The Update does not constitute legal, tax, accounting or investment advice.