Octopus Renewables Infrastructure Trust plc

(“ORIT” or the “Company”)

Q4 2024 Dividend Declaration and FY25 Increased Dividend Guidance

Q4 2024 Dividend Declaration

The Board of Octopus Renewables Infrastructure Trust plc is pleased to declare an interim dividend in respect of the period from 1 October 2024 to 31 December 2024 of 1.51 pence per ordinary share, payable on 28 February 2025 to shareholders on the register at 14 February 2025 (the “Q4 2024 Dividend”). The ex-dividend date will be 13 February 2025.

The Q4 2024 dividend is the final of four dividends totalling 6.02 pence per Ordinary Share (FY 2023: 5.79 pence per Ordinary Share) for the financial year to 31 December 2024 (“FY 2024”), meeting the Company’s FY 2024 dividend target in full. The dividend is fully covered by cash flows arising from the Company’s portfolio of assets.

A portion of the Company’s dividend is designated as an interest distribution for UK tax purposes. The interest streaming percentage for the Q4 2024 Dividend is 57.2%.

Increased Dividend Guidance for FY 2025

In line with the Company’s progressive dividend policy, the Board of Octopus Renewables Infrastructure Trust plc is pleased to announce an increase in the target dividend to 6.17p* per ordinary share for the financial year from 1 January 2025 to 31 December 2025 (“FY 2025”).

This increase of 2.5% over FY 2024’s dividend target is in line with the increase to the Consumer Price Index (CPI) for the 12 months to 31 December 2024 and marks the fourth consecutive year the Company has increased its dividend target in line with inflation. The FY 2025 dividend target is expected to be fully covered by cash flow generated from the Company’s operating portfolios.

Phil Austin, Chair of Octopus Renewables Infrastructure Trust plc, commented: “The Board is pleased to declare its final interim dividend for the financial year which, combined with the three prior quarters, meets our FY 2024 target of 6.02 pence per Ordinary Share and delivers shareholders with a yield of 8.9% at yesterday’s closing share price.

“We are also pleased to announce, for the fourth consecutive year in a row, an increase in dividend guidance in line with inflation. This is expected to be fully covered by operating cash flows and demonstrates our commitment to a progressive dividend policy.”