Total Voting Rights

INDUSTRIALS REIT LIMITED
(formerly Stenprop Limited)
(Registered in Guernsey )
(Registration number 64865)
LSE share code: MLI JSE share code: MLI
ISIN: GG00BFWMR296
("Industrials REIT" or the "Company")

Total Voting Rights

1 February 2022

Industrial REIT advises that the Company's issued capital as at 31 January 2022 consisted of
298,775,175 ordinary shares of EUR 0.000001258 each, of which 7,989,348 ordinary shares were held
in treasury. Therefore, the total number of voting rights in the Company is 290,785,827.

The figure of 290,785,827 may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or a change to their interest
in, the Company under the UK Financial Conduct Authority’s Disclosure and Transparency Rules.

For further information:
Industrials REIT Limited                                                           44(0)20 3918 6600
Paul Arenson (paul.arenson@industrials.co.uk)
Julian Carey (julian.carey@industrials.co.uk)
James Beaumont
(james.beaumont@industrials.co.uk)

Numis Securities Limited (Financial Adviser)                                       44(0)20 7260 1000
Hugh Jonathan
Vicki Paine

FTI Consulting (PR Adviser)                                                        44(0)20 3727 1000
Richard Sunderland
Richard Gotla
Neel Bose
industrialsreit@fticonsulting.com

Java Capital                                                                       27 (0)11 722 3050
(JSE Sponsor)

About Industrials REIT:
Industrials REIT is a UK REIT listed on the LSE and the JSE. The objective of the Company is to deliver
sustainable growing income to its investors. Industrials REIT’s investment policy is to invest in a
diversified portfolio of UK multi-let industrial (MLI) properties with the strategic goal of becoming the
leading MLI business in the UK. For further information, go to www.industrialsreit.com.

Date: 01-02-2022 03:45:00
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