BY ACCESSING THIS WEBSITE YOU CONFIRM YOU MEET THE BELOW CRITERIA AND ARE HAPPY TO PROCEED BASED ON THE INFORMATION PROVIDED.

THE INFORMATION CONTAINED ON THIS WEBSITE (INCLUDING FORWARD-LOOKING STATEMENTS) MAY BE SUBJECT TO MATERIAL UPDATING, REVISION, VERIFICATION, CORRECTION, COMPLETION AND AMENDMENT WITHOUT NOTICE AND SUCH INFORMATION MAY CHANGE MATERIALLY. STATEMENTS CONTAINED ON THIS WEBSITE INCLUDE STATEMENTS OF CIRCUMSTANCES WHICH MAY EXIST ON THE DATE UPON WHICH THE SHARES ARE ADMITTED TO THE OFFICIAL LIST AND TO TRADING ON THE LONDON STOCK EXCHANGE, BUT MAY NOT EXIST AT THE DATE UPON WHICH THE INFORMATION CONTAINED ON THIS WEBSITE IS ACCESSED.

THE PROSPECTUS AND THE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY PERSONS IN THE UNITED STATES, OR PERSONS RESIDENT OR LOCATED IN AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE THE EXTENSION OF AVAILABILITY OF THE PROSPECTUS AND THE MATERIALS TO WHICH YOU ARE SEEKING ACCESS WOULD BREACH ANY APPLICABLE LAW OR REGULATION.

The information contained within this website is issued by The PRS REIT plc in good faith and is being supplied to you solely for your information and does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or solicitation or any offer to buy or subscribe for or otherwise acquire, any securities of The PRS REIT plc or any other entity in any jurisdiction, and should not be relied upon as such by any person. Reliance on the information contained within this website for the purpose of engaging in any investment activity may expose an individual or organisation to a significant risk of losing all of their investment.

Any investment in the securities of The PRS REIT plc must be made solely on the basis of the information in the most recent version of the prospectus in respect of The PRS REIT plc (the “Prospectus“) as published on this website. Prospective investors should carefully read the terms and conditions in the Prospectus and other available current legal documents, as well as all other documents that may be required on the basis of local provisions of law and regulations, before making an investment decision.

The information contained within this website is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction in which such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. In particular it should be noted that the ordinary shares of The PRS REIT plc have not been and will not be registered under the U.S. Securities Act of 1933, as amended, (the “Securities Act“) or with any securities regulatory authority of any state or other jurisdiction of the United States and The PRS REIT plc has not registered, and does not intend to register, as an investment company under the U.S. Investment Company Act 1940, as amended, (the “Investment Company Act“). Accordingly, the ordinary shares of The PRS REIT plc may not be offered, sold, pledged or otherwise transferred or delivered within the United States or to, or for the account or benefit of, any US persons (as defined in Regulation S under the Securities Act) except in a transaction meeting the requirements of an applicable exemption from the registration requirements of the Securities Act and in a manner that would not require registration of The PRS REIT plc under the Investment Company Act. There will be no offer of the ordinary shares of The PRS REIT plc in the United States.

The information contained within this website is directed only at (i) persons outside the United Kingdom to whom it is lawful to communicate, (ii) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended), or (iii) high net worth companies, unincorporated associations and partnerships and trustees of high value trusts as described in Article 49(2) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended; provided that in the case of persons falling into categories (ii) or (iii), the communication is only directed at persons who are also “qualified investors” as defined in section 86 of the Financial Services and Markets Act 2000 (each a “Relevant Person“). Any investment or investment activity to which the information contained within this website relates is available only to and will be engaged in only with such Relevant Persons. Persons within the United Kingdom (other than persons falling within (ii) and (iii) above) should not rely on or act upon the information contained within this website.

Neither The PRS REIT plc nor their affiliates nor their advisers, nor any of such person’s respective partners, shareholders, directors, officers, affiliates, advisers or representatives, shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any information or opinions contained within this website nor shall they accept any responsibility whatsoever for, or make any representation or warranty, express or implied, as to the truth, fullness, accuracy or completeness of, the information contained within this website (or whether any information has been omitted from the website) or any other information relating to The PRS REIT plc, their subsidiaries or associated companies, in any form whatsoever, howsoever transmitted or made available or for any loss howsoever arising from any use of the contents of this website or otherwise arising in connection therewith. Any adviser that The PRS REIT plc has retained or may in the future retain is and will be acting exclusively for The PRS REIT plc and no one else (including but not limited to you or any other visitor to this website) and will not treat any person other than The PRS REIT plc as their client and will not be responsible to anyone other than The PRS REIT plc for providing the protections afforded to their customers or clients or for advising any other person in relation to the matters contained within this website.

This website may contain statements that are, or may be, forward-looking statements with respect to the financial condition, results of operations, target returns, business achievements and/or investment strategy of The PRS REIT plc. These forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events. These forward-looking statements are subject to unknown risks and uncertainties. These risks and uncertainties could cause actual results, financial condition, performance target returns or achievements of The PRS REIT plc to differ materially from the future results, performance returns or achievements expressed or implied by the forward-looking statements.

Neither The PRS REIT plc nor their affiliates nor their advisers are under an obligation to correct, update or keep current the information contained within this website or to publicly announce or inform you of the result of any revision to the statements made herein or therein except where they would be required to do so under applicable law. The information contained within this website is issued on the express understanding that it does not contain all information that may be required to evaluate the transaction in question and may not be accurate and/or complete. No information contained within this website should form the basis of, or be relied on in connection with, any contract or commitment or investment decision relating thereto, nor does it constitute a recommendation regarding the securities of The PRS REIT plc. The information and opinions contained within this website are not based upon a consideration of your particular investment objectives, financial situation or needs. The information contained within this website does not constitute an audit or due diligence review and should not be construed as such nor has it been approved by any regulatory or supervisory body. You must make your own independent assessment and investigations as you deem necessary. You may wish to seek independent legal, regulatory, accounting, tax and such professional advice as appropriate with regards to the contents of this website, particularly if you are unsure about the meaning of any information provided on this website. The information contained within this website is issued to interested parties for information only and on the express understanding that they shall use it only for the purpose set out above.

Please remember that past performance of an investment is not necessarily a guide to future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. The market value of the shares of The PRS REIT plc may not reflect the underlying net asset value of the investments held by The PRS REIT plc. The PRS REIT plc is able to borrow to raise further funds for investment purposes if the board of directors consider that it may be commercially advantageous to do so. This is generally described as “gearing”. An investment company which has made investments as a result of gearing may have a more volatile share price as a result; gearing can increase shareholder returns in rising markets but conversely can increase the extent to which the value of the funds attributable to shareholders decreases in falling markets. Tax assumptions may change if the law changes and the value of tax relief (if any) will depend upon your individual circumstances. Investors should consult their own tax advisers in order to understand any applicable tax consequences.

Please note that this notice may be altered or updated from time to time. You should read it carefully in full each time you wish to view the website. The information contained within this website speaks only at the date of the relevant document or announcement reproduced on this website, and The PRS REIT plc has and accepts no responsibility or duty to update any such information, document or announcement, and reserves the right to add, remove or amend any information reproduced on the website at any time. Neither the directors of The PRS REIT plc, nor The PRS REIT plc, nor any of its affiliated companies, have reviewed, and no such person is or shall be responsible for or accepts any liability in respect of, information that may be linked to this website by a third party.

These terms and conditions are governed and interpreted pursuant to the laws of England and Wales. If any part of these terms and conditions is deemed unlawful, void or unenforceable, that part will be deemed severable and will not affect the validity and enforceability of the remaining provisions. None of these terms and conditions are enforceable under the Contracts (Rights of Third Parties) Act 1999 by a person who is not a party to its terms.

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