Total Voting Rights

INDUSTRIALS REIT 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 December 2022

Industrials REIT advises that the Company's issued capital as at 30 November 2022 consisted of
298,775,175 ordinary shares of EUR 0.000001258 each, of which 4,258,406 ordinary shares were held
in treasury. Therefore, the total number of voting rights in the Company is 294,516,769.

The figure of 294,516,769 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 with a primary listing on the London Stock Exchange and a secondary listing on the
Johannesburg Stock Exchange. The objective of the Company is to deliver a combination of sustainable growing
income and growth in value to its investors. Industrials REIT focuses on owning and operating a diversified
portfolio of UK purpose built multi-let industrial (MLI) estates across the UK. The Company aspires to be the
leading MLI business in the UK. For further information, go to www.industrialsreit.com.

Date: 01-12-2022 12:00:00
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