REGIONAL REIT Limited

(“Regional REIT”, the “Group” or the “Company”)

Q4 2025 Dividend, Year End 2025 Valuation and Trading Update

Delivering in 2025, prudent approach in 2026

Regional REIT Limited (LSE: RGL), today announces its portfolio valuation as at 31 December 2025, Q4 2025 dividend, and an update for both EPC ratings and rent collections.

In 2025, the Company completed £51.6m of disposals – ahead of target and at a 1.3% premium to book value – and reduced LTV to 40.4% by year‑end (39.9% including post‑period disposals). The gross annualised rent roll of £50.4m tracked broadly as expected, while the dividend for the year was fully covered at 10 pence per share. December also saw the successful refinancing of £72.4m of debt which was due to expire in August 2026 and a new management contract being put in place bringing significant fee savings and also introducing much greater shareholder alignment for the Manager.

The portfolio valuation decreased by 2.9% in H2 2025, bringing the full‑year decline to 5.0%, largely reflecting previous changes in income following the tenant breaks previously announced.

Looking ahead to 2026, the Company’s strategy is to retain cash where possible to facilitate essential, accretive capital expenditure to accelerate the repositioning of the portfolio to benefit from occupiers’ demand for quality space. In addition, the successful sales programme from 2025 will be continued. This will reduce debt and LTV but also temporarily lower earnings. Given this, the impact of the lease breaks from 2025 and the fact that debt costs will increase from the refinance at August 2026, going forward the Company plans to distribute a minimum 90% of the profit from the property rental business and is targeting* a dividend of 8 pence per share dividend for 2026. The Board remains confident that this approach of improving the quality of the portfolio is firmly in shareholders’ long‑term interests and aligns with the Company’s strategy and medium‑term outlook

The target dividend has been cut from 10p to 8p.

That equates to a yield of 7.5%, so it continues to be a hold for the SNOWBALL