Appointments to the nomination committee

INDUSTRIALS REIT LIMITED
(Registered in Guernsey with registration number 64865)
LSE share code: MLI JSE share code: MLI
ISIN: GG00BFWMR296
("Industrials REIT" or the "Company")


17 March 2023


APPOINTMENTS TO THE NOMINATION COMMITTEE


Shareholders are advised that Louisa Bell and Richard Smith were appointed to the Industrials REIT
nomination committee on 15 March 2023.

Following these appointments, the nomination committee comprises Richard Grant (chair), Paul
Miller, Philip Holland, Patsy Watson, Louisa Bell and Richard Smith. The remaining board committees
are unchanged.

Industrials REIT remains compliant with the provisions of the UK Corporate Governance Code and the
King IV Report on Corporate Governance for South Africa in terms of the composition of the Board
and its committees and the balance of independent and non-independent directors on the Board.



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: 17-03-2023 01:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.