SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Notice of dividend currency exchange rate (South African Rand)

Notice of dividend currency exchange rate (South African Rand)

Schroder European Real Estate Investment Trust PLC
(Incorporated in England and Wales)
Registration number: 09382477
JSE Share Code: SCD
LSE Ticker: SERE
ISIN number: GB00BY7R8K77
(the "Company")

29 September 2026

NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

On 17 September 2026, Schroder European Real Estate Investment Trust plc (the
“Company”) announced its third interim dividend for the year ending 30 September
2026 of 1.48 euro cents per share.

The currency exchange rate applicable for the interim dividend payable in South
African cents to shareholders on the South African register is based on the exchange
rate on 29 September 2026 and is set out below:

 Declared dividend             Exchange rate        Dividend in South African cents per
                                                    share
 1.48 euro cents per share     18.65000             27.60200

Dividend tax will be withheld from the amount of the gross dividend of 27.60200 South
African cents per share paid to shareholders on the South African register at the rate
of 20 per cent unless a shareholder qualifies for exemption.

After the dividend tax has been withheld, the net dividend will be 22.08160 South
African cents per share.

For the avoidance of doubt, dividend tax, and therefore the information provided in this
announcement, is only of direct application to shareholders on the South African
register.

The Company has a total of 133,734,686 shares in issue, of which 2,326,700 shares
are held in treasury, resulting in 131,407,986 shares in issue excluding treasury
shares.

Enquiries:

Jeff O’Dwyer
Schroder Real Estate Investment Management Limited           Tel: 020 7658 6000

Michelle Taiwo
Schroder Investment Management Limited                       Tel: 020 7658 6000

Richard Gotla/Oliver Parsons
FTI Consulting                                               Tel: 020 7658 6000


Shareholders on the South African branch register should direct any questions
regarding the application of the dividend tax to the Company’s Transfer Secretary:
Computershare Investor Services (Pty) Limited
Rosebank Towers, 15 Biermann Avenue
Rosebank, 2196, South Africa
Postal Address - Private Bag X9000
Saxonwold, 2132.
Telephone +27 11 373 0033
Facsimile +27 11 688 5218
Email enquiries: web.queries@computershare.co.za

The Company has a primary listing on the London Stock Exchange and a secondary
listing on the JSE Limited.

JSE Sponsor
PSG Capital
Date: 29/09/2026 03:30:00
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