AEW UK REIT plc

NAV Update and Dividend Declaration

Share price and Discount

The closing ordinary share price at 31 March 2024 was 86.0p, a decrease of 14.85% compared with the share price of 101.0p at 31 December 2023. The closing share price represents a discount to the NAV per share of 16.29%. The Company’s share price total return, which includes the interim dividend of 2.00 pence per share for the period from 1 October 2023 to 31 December 2023, was -12.87% for the three-month period ended 31 March 2024.

Dividend

Dividend declaration

The Company today announces an interim dividend of 2.00 pence per share for the period from 1 January 2024 to 31 March 2024. The dividend payment will be made on 14 June 2024 to shareholders on the register as at 24 May 2024. The ex-dividend date will be 23 May 2024. The Company operates a Dividend Reinvestment Plan (“DRIP”), which is managed by its registrar, Link Group. For shareholders who wish to receive their dividend in the form of shares, the deadline to elect for the DRIP is 24 May 2024.

The dividend of 2.00 pence per share will be designated 2.00 pence per share as an interim property income distribution (“PID”).

The Company has now paid a 2.00 pence quarterly dividend for 34 consecutive quarters, providing high levels of income consistency to our shareholders.