SUPERMARKET INCOME REIT PLC - Acquisition of three supermarkets for 118 million

Acquisition of three supermarkets for £118 million

SUPERMARKET INCOME REIT PLC
(Incorporated in the United Kingdom)
Company Number: 10799126
LSE Share Code: SUPR
JSE Share Code: SRI
ISIN Code: GB00BF345X11
LEI: 2138007FOINJKAM7L537
("SUPR" or the "Company")


15 July 2026
                        ACQUISITION OF THREE SUPERMARKETS FOR £118 MILLION

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) announces that it has exchanged contracts to
acquire an attractive portfolio of three supermarkets (the "Portfolio") for £118 million in aggregate,
at an average net initial yield ("NIY") of 6.9% (Note 1), which is due to complete in September 2026.

The portfolio comprises three well-established stores with strong trading histories, let on triple-net
leases which are 100% inflation-linked and 100% investment grade income:

Sainsbury's, Manchester
        -   Triple-net unexpired lease term of 12 years
        -   Annual RPI-linked rent reviews (subject to a 5% cap and 3% floor), with rent of £34 per sq. ft.
        -   5.2-acre site comprising 71,000 sq. ft. supermarket with a Click & Collect facility

Tesco, Edinburgh
        -   Triple-net unexpired lease term of 5 years
        -   Annual RPI-linked rent reviews (subject to a 4% cap and 0% floor), with rent of £33 per sq. ft.
        -   8.8-acre site comprising 128,000 sq. ft. supermarket with 8 home delivery vans and a Click &
            Collect facility

Tesco, Halifax
        -   Triple-net unexpired lease term of 8 years
        -   Annual RPI-linked rent reviews (subject to a 5% cap and 0% floor), with rent of £35 per sq. ft.
        -   5.1-acre site comprising 41,000 sq. ft. supermarket

The Portfolio's weighted average unexpired lease term ("WAULT") of 8 years and average rents of £34
per sq ft. provide regear opportunities to drive attractive total returns.

Rob Abraham, CEO of Supermarket Income REIT, commented:

"This acquisition will add three high quality stores to our portfolio and further demonstrates the
compelling growth opportunities we continue to see in grocery real estate. As the leading landlord in
the sector, we remain well positioned to drive returns for shareholders through our team of sector
specialists."

Notes

1 NIY based on actual acquisition costs

    
FOR FURTHER INFORMATION                           

Supermarket Income REIT                           

Rob Abraham / Mike Perkins / Chris McMahon             ir@suprplc.com

Headland Consultancy                                   +44 (0)20 3805 4885

Susanna Voyle / Antonia Pollock / Dan Mahoney          SUPR@headlandconsultancy.com
               

NOTES TO EDITORS:

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company
dedicated to investing in grocery properties which are an essential part of national food infrastructure.
The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and
in-person sales and are let to leading supermarket operators in the UK and Europe. The portfolio was
valued at £2.1 billion as at 31 December 2025.

The Company's properties earn long-dated, secure, inflation-linked, growing rental income. SUPR
targets a progressive dividend and the potential for long term capital growth.

The Company's shares are traded on the LSE's Main Market and on the Main Board of the JSE Limited
in South Africa.

Further information is available on the Company's website www.supermarketincomereit.com


Sponsor: PSG Capital

Date: 15-07-2026 02:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.