Form 8.3 - Downing Renewables & Inf - Replacement | Company Announcement

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(a) Identity of the person whose positions/dealings are being disclosed:	Glazer Capital, LLC
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Downing Renewables & Infrastructure Trust plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken:	June 30, 2025
(f) Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer?	NO

Class of relevant security:	1p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:
(2) Derivatives (other than options):	5,769,364 *	3.39% *
(3) Options and agreements to purchase/sell:
TOTAL:	5,769,364 *	3.39% *

Class of relevant security	Purchase/sale	Number of securities	Price per unit

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
1p ordinary	Total return equity swaps	Increasing a long position	4,119,364 *	1.01 GBP

Date of disclosure:	July 1, 2025
Contact name:	Ava Lederer
Telephone number:	212-808-7306

Form 8.3 - Downing Renewables & Inf - Replacement

Date of disclosure:

Contact name:

Telephone number:

Companies

UK 100

Latest directors dealings

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages: