Supermarket Income REIT adds Frances Davies to its Board as Non-Executive Director

– UK, London –  Supermarket Income REIT plc (LON: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, to announced the appointment of Frances Davies to its Board as a non-executive director with effect from 1 June 2022.

“Frances is an excellent addition to the Board as a non-executive director. Her depth of experience in corporate finance, asset management and across a number of relevant board roles will be invaluable to the Company and we look forward to working with her.” said Board Chairman, Nick Hewson.

About Frances Davies

Frances Davies has over 30 years experience in corporate finance and asset management. Since 2007, Frances has been a Partner at Opus Corporate Finance and has previously held directorships at SG Warburg, Morgan Grenfell Asset Management, Gartmore, and Dalton Strategic Partnership.

Frances currently holds Board positions for HICL Infrastructure plc, JPMorgan UK Smaller Companies plc, Aegon UK plc, and Federated Hermes’ Property Unit Trust. She also sits on Aviva’s With-Profits Committee.

About Supermarket Income REIT

Supermarket Income REIT plc is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK’s feed the nation infrastructure. The Company focuses on omnichannel grocery stores, fulfilling online and in-person sales. All of the Company’s 67 supermarkets(1) are led by leading UK supermarket operators, diversified by both tenant and geography.

The Company provides investors with secure, inflation-protected, long income with the potential for capital appreciation over the longer term and targets a 7% to 10% p.a. total shareholder return over the medium term(2). The Company has increased its dividend target in line with inflation each year.

The Company is listed on the premium segment of the Official List of the UK Financial Conduct Authority and its Ordinary Shares are traded on the Main Market of the London Stock Exchange, having listed initially on the Specialist Fund Segment of the Main Market on 21 July 2017.

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