Investment Adviser Update

Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust with secure, inflation-linked, long-dated income from grocery property, announces that Steven Noble has decided to step down as Chief Investment Officer of the Company's Investment Adviser, Atrato Capital Limited, in order to pursue a new role at Assura plc.

The Board would like to express its thanks to Steven for his invaluable contribution to the performance and growth of the Company over the last seven years, having worked with the Company since IPO. During this time, the Company has become the UK's largest omnichannel supermarket landlord. The Company will continue to be managed by Ben Green, Rob Abraham and Mike Perkins, with support from the wider Atrato team.

Nick Hewson, Chair of Supermarket Income REIT plc, commented:

"Steven leaves with the Company's portfolio well positioned to deliver long-term value for our shareholders. On behalf of the Board, I would like to wish him well for the future."

Ben Green, Principal of Atrato Capital, the Investment Adviser to Supermarket Income REIT plc, said:

"Steven has been with us since the beginning and has helped us build a deep bench of talent at Atrato. He has mentored and trained the next generation, meaning all his current responsibilities will be taken on by colleagues. Steven has also made a great contribution to the culture of the firm and we wish him every success in his new role."