BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

Vanguard Discloses Position in PRS REIT plc

The Vanguard Group, Inc. has filed Form 8.3 to disclose its position in PRS REIT plc. As of October 24, 2024, Vanguard holds 10,432,758 shares, equivalent to 1.90% of PRS REIT's 1p ordinary shares. This disclosure complies with Rule 8.3 of the Takeover Code, which mandates transparency for entities with interests exceeding a 1% threshold in relevant securities.

No additional parties are involved in this disclosure connected to PRS REIT, and no supplemental Form 8 has been attached. On recent market activity, Vanguard reported selling 35,783 shares at 1.06 GBP per unit. Moreover, the company confirms no derivative agreements or options are in place concerning PRS REIT securities.

No indemnity agreements or informal understandings impacting dealings are reported. The disclosure is part of compliance with the UK’s regulatory requirements regarding major securities dealings.

R. P.

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