21 March 2025
SUPERMARKET INCOME REIT PLC
(the "Company")
RESULT OF GENERAL MEETING
Supermarket Income REIT plc announces that at the Company's General Meeting, held on 20 March 2025, all resolutions were passed on a poll and the results of the poll and proxy votes received are set out below.
Resolutions 1 to 4 were proposed as ordinary resolutions.
| Resolution | Votes For | % | Votes Against | % | Total votes validly cast | Total votes cast as % of issued share capital | Votes Withheld* | |
| 1. | To approve the Transaction Documents | 722,849,162 | 99.77% | 1,659,711 | 0.23% | 725,054,984 | 58.18% | 546,111 |
| 2. | To approve the New Directors' Remuneration Policy to take effect from and subject to Completion | 659,322,560 | 91.08% | 64,537,031 | 8.92% | 725,054,984 | 58.18% | 1,195,393 |
| 3. | To approve the increase to the limit on the aggregate amount the directors shall be entitled to from £500,000 to £700,000 in any financial year | 720,208,993 | 99.51% | 3,520,375 | 0.49% | 725,054,984 | 58.18% | 1,325,616 |
| 4. | To approve the rules of the Supermarket Income REIT Long Term Incentive Plan (the "LTIP") and authorise the Directors to: - implement and give effect to the LTIP; and - establish further plans based on the LTIP but modified to take account of local tax, exchange control or securities laws in overseas territories, provided that any shares made available under such further plans are treated as counting against the limits on individual or overall participation in the LTIP. | 681,041,558 | 94.03% | 43,223,704 | 5.97% | 725,054,984 | 58.18% | 789,722 |
*A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
Every shareholder has one vote for every Ordinary Share held. As at 20 March 2025, the issued share capital of the Company consisted of 1,246,239,185 Ordinary Shares. The Company holds no Ordinary Shares in treasury. Therefore, the total voting number of voting rights in the Company is 1,246,239,185 Ordinary Shares.
The full text of all the resolutions can be found in the Notice of General Meeting dated 4 March 2025, a copy of which is available on the Company's website at General Meeting - Supermarket Income Reit.
In accordance with UK Listing Rule 6.4.2 copies of all the resolutions passed, other than ordinary business, will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
| Supermarket Income REIT plc | via FTI Consulting |
| Rob Abraham / Mike Perkins / Chris McMahon | |
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| Stifel Nicolaus Europe Limited | +44 (0)20 7710 7600 |
| Mark Young / Rajpal Padam / Madison Kominski |
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| Goldman Sachs International | +44 (0)20 7774 1000 |
| Tom Hartley / Luca Vincenzini | |
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| FTI Consulting | +44 (0)20 3727 1000 |
| Dido Laurimore / Eve Kirmatzis / Andrew Davis |
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.
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