AEW UK REIT plc (“AEWU” or the “Company”)

No Intention to Bid Statement

On 16 July 2026, the Company announced that it was considering a possible all-share offer to acquire the entire issued and to be issued share capital of Alternative Income REIT plc (“AIRE”) (the “Possible Offer”). Following Glenstone’s public statement that it would not support an offer from AEWU and subsequent attempts to engage with Glenstone to discuss the merits of AEWU’s proposals, notwithstanding the indicated support from the board of AIRE, AEWU confirms that it does not intend to make a firm offer for AIRE.