Result of AGM

Grit Real Estate Income Group (GR1T) Result of AGM 18-Dec-2023 / 13:38 GMT/BST GRIT REAL ESTATE INCOME GROUP LIMITED (Registered in Guernsey) (Registration number: 68739) LSE share code: GR1T SEM share code (dual currency trading): DEL.N0000 (USD) / DEL.C0000(MUR) ISIN: GG00BMDHST63 LEI: 21380084LCGHJRS8CN05 (“Grit” or the “Company” and, together with its subsidiaries, the "Group") RESULTS OF THE ANNUAL GENERAL MEETING The board of Directors (the "Board") of Grit is pleased to announce that at the annual general meeting of the Company ("AGM") held at 1:00 p.m. Mauritian time (9:00 a.m. UK time) on Monday, 18th December 2023, all resolutions were passed. The detailed results of the voting are as follows: Resolutions proposed at the AGM Votes for resolution as a percentage of total number of shares voted at AGM (rounded to 2 decimal places)* Votes against resolution as a percentage of total number of shares voted at AGM (rounded to 2 decimal places)* Number of shares voted at AGM Number of shares voted at AGM as a percentage of shares in issue (rounded to 2 decimal places)* Number of shares abstained as a percentage of shares in issue (rounded to 2 decimal places)* Ordinary Resolution Number 1 – Receiving and considering the auditors’ report and the Integrated Annual Report and the adoption of the audited annual financial statements 100.00% 0.00% 416,579,539 84.14% 0.00% Ordinary Resolution Number 2 – Appointment of PricewaterhouseCoopers LLP as the statutory auditors of the Company 100.00% 0.00% 416,581,539 84.14% 0.00% Ordinary Resolution Number 3 – Re-election of Peter Todd as a Director of the Company 99.99% 0.01% 415,431,086 83.91% 0.24% Ordinary Resolution Number 4 – Re-election of Bronwyn Knight as a Director of the Company 99.60% 0.40% 415,431,086 83.91% 0.24% Ordinary Resolution Number 5 – Re-election of Catherine McIlraith as a Director of the Company 99.99% 0.01% 415,431,086 83.91% 0.24% Ordinary Resolution Number 6 – Re-election of David Love as a Director of the Company 99.99% 0.01% 415,431,086 83.91% 0.24% Ordinary Resolution Number 7 – Re-election of Jonathan Crichton as a Director of the Company 99.99% 0.01% 415,431,086 83.91% 0.24% Ordinary Resolution Number 8 – Re-election of Cross Kgosidiile as a Director of the Company 99.99% 0.01% 415,431,086 83.91% 0.24% Ordinary Resolution Number 9 – Election of Lynette Finlay as a Director of the Company 99.99% 0.01% 415,431,086 83.91% 0.24% Ordinary Resolution Number 10 – Non-binding advisory vote on Grit’s implementation report on the remuneration policy 71.40% 28.60% 416,510,039 84.13% 0.02% Ordinary Resolution Number 11 – Authority to grant awards under the LTIP 96.16% 3.84% 403,479,970 81.50% 2.65% Special Resolution Number 1 – Market Purchase of Own Shares / Share buy back 96.43% 3.57% 405,502,586 83.92% 0.22% Special Resolution Number 2 – Authority to issue shares for cash on a non-pre-emptive Basis 96.15% 3.85% 416,494,939 84.12% 0.02% Special Resolution Number 3 – Authority to sell shares from treasury for cash on a non-preemptive Basis 96.42% 3.57% 399,408,536 80.67% 3.47% *    Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld). Total number of shares in issue as at the date of the AGM was 495,092,339. Engagement with Dissenting Shareholders Shareholders are further advised that, whilst ordinary resolution number 10, relating to the non-binding advisory vote on Grit’s implementation report on the remuneration policy, was supported by the majority of shareholders, the Company does recognise that it was voted against by 28.60% of the votes exercised by the Company's shareholders present in person or represented by proxy at the AGM. The executives of Grit have taken this on board and are committed to achieving a greater understanding of the underlying reasons that has seen some shareholders being unable to support this resolution. The executives of Grit will initiate a consultation with the Company's shareholders including dissenting shareholders on Wednesday, 17 January 2024 at 13.00 hours Mauritius time (09.00 hours UK time) via a telephone conference to further understand their position and perspectives on the resolution. All shareholders are asked to confirm their participation to the company secretary by e-mail at [e-mail] by no later than close of business on Wednesday 10 January 2024, who will provide dial-in details for the telephone conference. Shareholders are further invited to forward their concerns/questions on the remuneration policy to the company secretary in writing by close of business on Wednesday, 10 January 2024. An update on the views received from shareholders and actions taken will be published no later than six months after the meeting with the dissenting shareholders. In accordance with Listing Rules 9.6.2 and 9.6.3 of the UK Financial Conduct Authority ("FCA"), a copy of the resolutions passed at the AGM has been submitted to the FCA via the National Storage Mechanism and will shortly be available to the public for inspection at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism. By Order of the Board 18 December 2023 FOR FURTHER INFORMATION, PLEASE CONTACT: Grit Real Estate Income Group Limited Bronwyn Knight, Chief Executive Officer [phone] Darren Veenhuis, Investor Relations [phone] Cavendish Capital Markets Limited – UK Financial Adviser William Marle/Teddy Whiley (Corporate Finance) [phone] Pauline Tribe (Sales) [phone] Perigeum Capital Ltd – SEM Authorised Representative and Sponsor Shamin A. Sookia [phone] Kesaven Moothoosamy [phone] Capital Markets Brokers Ltd – Mauritian Sponsoring Broker Elodie Lan Hun Kuen [phone] NOTES: Grit Real Estate Income Group Limited is the leading pan-African woman led real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company holds its primary listing on the Main Market of the London Stock Exchange (LSE: GR1T and a dual currency trading secondary listing on the Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR)). Further information on the Company is available at http://grit.group. Directors: Peter Todd (Chairman), Bronwyn Knight (Chief Executive Officer)*, Leon van de Moortele (Chief Financial Officer)*, David Love+, Sir Samuel Esson Jonah+, Catherine McIlraith+, Jonathan Crichton+, Cross Kgosidiile and Lynette Finlay+. (* Executive Director) (+ independent Non-Executive Director) Company secretary: Intercontinental Fund Services Limited Registered address: PO Box 186, Royal Chambers, St Julian's Avenue, St Peter Port, Guernsey GY1 4HP Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited UK Transfer secretary: Link Market Services Limited  SEM authorised representative and sponsor: Perigeum Capital Ltd Mauritian sponsoring broker: Capital Markets Brokers Ltd This notice is issued pursuant to the FCA Listing Rules, SEM Listing Rules 15.24 and the Mauritian Securities Act 2005. The Board of the Company accepts full responsibility for the accuracy of the information contained in this communiqué. Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

ISIN:	GG00BMDHST63
Category Code:	RAG
TIDM:	GR1T
LEI Code:	21380084LCGHJRS8CN05
Sequence No.:	292683
EQS News ID:	1799241

End of Announcement	EQS News Service