COMMITTEE CHANGES

Triple Point Social Housing REIT

24 May 2023

 

24 May 2023

Triple Point Social Housing REIT plc

(the "Company" or, together with its subsidiaries, the "Group")

COMMITTEE CHANGES

The Board of Directors of Triple Point Social Housing REIT plc (ticker: SOHO) announce the following changes to the membership and structure of the Board's Committees, effective 23 May 2023 (unless otherwise stated):

·      The establishment of a Sustainability Committee in order to reflect the Board's commitment to and focus on its ESG strategy, and which will be responsible for the delivery of the year-end voluntary reporting disclosures consistent with the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).

-     Ian Reeves has been appointed as Chair of the Sustainability Committee and will step down as Chair of the Nomination Committee and as a member of the Management Engagement Committee.

-     Cecily Davis and Tracey Fletcher-Ray have joined the Sustainability Committee.

·      Chris Phillips has been appointed as Chair of the Nomination Committee.

-     Cecily Davis will join the Nomination Committee and Peter Coward will step down from the Nomination Committee.

·      As announced on 20 March 2023, Paul Oliver will resign as a Non-Executive Director of the Board and step down from the Audit, Nomination and Management Engagement Committees with effect from 30 June 2023.

Following the changes outlined above, the membership of the Board's Committees will be as follows:

Audit Committee	Nomination Committee	Management Engagement Committee	Sustainability Committee
Peter Coward (Chair)	Chris Phillips (Chair)	Tracey Fletcher-Ray (Chair)	Ian Reeves (Chair)
Ian Reeves (SID)	Ian Reeves (SID)	Chris Phillips	Cecily Davis
Tracey Fletcher-Ray	Cecily Davis	Peter Coward	Tracey Fletcher-Ray

ENDS.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Triple Point Investment Management LLP (Investment Manager)	Tel: [phone]
Max Shenkman
Isobel Gunn-Brown
Akur Capital (Joint Financial Adviser)	Tel: [phone]
Tom Frost
Anthony Richardson
Siobhan Sergeant
Stifel (Joint Financial Adviser and Corporate Broker)	Tel: [phone]
Mark Young
Rajpal Padam
Madison Kominski

The Company's LEI is 213800BERVBS2HFTBC58.

Further information on the Company can be found on its website at www.triplepointreit.com.

NOTES:

The Company invests in primarily newly developed social housing assets in the UK, with a particular focus on supported housing. The majority of the assets within the portfolio are subject to inflation-linked, long-term, Fully Repairing and Insuring ("FRI") leases with Approved Providers (being Housing Associations, Local Authorities or other regulated organisations in receipt of direct payment from local government). The portfolio comprises investments into properties which are already subject to a lease with an Approved Provider, as well as forward funding of pre-let developments but does not include any direct development or speculative development.

There is increasing political pressure and social need to increase housing supply across the UK which is creating opportunities for private sector investors to help deliver this housing. The Group's ability to provide forward funding for new developments not only enables the Company to secure fit for purpose, modern assets for its portfolio but also addresses the chronic undersupply of suitable supported housing properties in the UK at sustainable rents as well as delivering returns to investors.

The Company is a UK Real Estate Investment Trust ("REIT") listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE EPRA/NAREIT index.

 

END