Retail Offer

Supermarket Income REIT plc announces a conditional retail offer of new ordinary shares (the “New Ordinary Shares”) of £0.01 each in the capital of the Company (the “Ordinary Shares”) via RetailBook to eligible existing and new retail investors in the UK (the “Retail Offer”).

The Retail Offer is available to both existing shareholders and new investors;

There is a minimum subscription of £250 per investor in the Retail Offer;

No commission will be charged by RetailBook on applications to the Retail Offer.

More information on RetailBook’s partner network and how investors can participate in the Retail Offer can be found here: https://app.retailbook.com/offers/supermarket-income-reit-2-plc.

The Retail Offer

Supermarket Income REIT plc (LSE: SUPR), the Main Market listed landlord of omnichannel supermarkets in the UK, owning grocery assets across the UK and France let predominantly on long, inflation-linked, full repairing and insuring leases is pleased to announce a conditional retail offer of the New Ordinary Shares via RetailBook.

As announced earlier today, the Company is also conducting: (i) an institutional placing which will be made available to new and existing eligible investors (the “UK Placing”); and (ii) a placing to selected qualifying investors in South Africa (the “South African Placing”, and together with the UK Placing, the “Placing”). For the avoidance of doubt, the Retail Offer is not part of the Placing.

The price at which the New Ordinary Shares will be issued pursuant to the Retail Offer (the “Issue Price”) will be the same as the price at which new Ordinary Shares are issued pursuant to the Placing and will be determined following the close of the bookbuilding process for the UK Placing.

The Retail Offer is conditional on (i) completion of the UK Placing; and (ii)the New Ordinary Shares being admitted to listing in the Equity Shares (Commercial Companies) category of the Official List of the Financial Conduct Authority (the “FCA”) and admitted to trading on the main market for listed securities of London Stock Exchange plc (“Admission”). Admission is expected to take place at 8:00 a.m. on 10 November 2026.

The Retail Offer will not be completed without the UK Placing also being completed.

The Company has identified six earnings enhancing transactions comprising 12 quality assets (the “Acquisitions”) for an aggregate consideration of £65.2 million. The Company will use the net proceeds to fund the Acquisitions while maintaining the Company's loan to value ratio at approximately 45% on a pro-forma basis[1].

Reason for the Retail Offer

The Retail Offer is open to eligible investors resident and physically located in the United Kingdom following release of this announcement. The Retail Offer is expected to close at 3 p.m. on 3 November 2026 and may close earlier at the discretion of the Company or if it is oversubscribed.

Investors can participate through RetailBook’s partner network of investment platforms, retail brokers and wealth managers, subject to such partners’ participation. More information on RetailBook’s partner network can be found https://app.retailbook.com/offers/supermarket-income-reit-2-plc.

Eligibility for the Retail Offer

Some partners may only accept applications from existing shareholders and/or existing customers.

There is a minimum subscription of £250 per investor. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges. Note, no commission will be charged to investors by RetailBook in connection with the Retail Offer.

Further information on the Company can be found on its website at https://supermarketincomereit.com.

[1] Pro-forma LTV based on portfolio valuation as at 30 June 2026, adjusted for acquisitions since that date and the six transactions.