Page 1

11 November 2021 This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation ( EU ) No 596/2014 as it forms part of the domestic law of the United Kingdom by virtue of the European Union ( Withdrawal ) Act 2018 ( as amended ) . This announcement has been authorised for release by the Board of Directors . Home REIT plc ( the " Company " ) Annual results for the period ended 31 August 2021 Strong performance since IPO with deployment of proceeds ahead of schedule , dividend targets met and tangible social impact delivered The Board of Home REIT plc ( ticker : HOME ) is pleased to report its maiden annual results for the period from incorporation on 19 August 2020 to 31 August 2021 . • Strategy The Company seeks to contribute responsibly to the alleviation of homelessness in the UK , delivering a tangible social impact whilst targeting inflation - protected income and capital returns , by funding the acquisition and creation of a diversified portfolio of high - quality , well located accommodation assets across the UK . The Company's portfolio delivers much needed , tailored accommodation for vulnerable , homeless people , providing critical and sustainable housing solutions for people fleeing from domestic abuse , those faced with homelessness due to poverty , people suffering from drug and alcohol abuse and mental health issues , prison leavers and ex - servicemen . There is a critical need for further accommodation for the homeless in the UK , due to an increasing homeless population and a lack of available and affordable high - quality , fit - for- purpose stock to address the problem . Local housing authorities are under a statutory duty to secure accommodation for individuals who are unintentionally homeless and in priority need but current accommodation for the homeless is limited in quantum and often sub - standard and uneconomical . The Company focuses on responsibly investing in and creating well - located properties that provide a sustainable low level of rent for the tenant and that are expected to deliver savings to local authorities and other providers of accommodation to the homeless via lower rents versus more expensive alternative accommodation . Highlights Strong financial performance and IPO objectives met The Company and its subsidiaries ( the " Group " ) acquired 711 investment properties within the period , which were independently valued on 31 August 2021 at £ 328 million , representing an increase of approximately 4.5 per cent above the aggregate acquisition price ( including acquisition costs ) . The properties have been valued on an individual basis . No portfolio premium has been applied ⚫ The net asset value ( " NAV " ) and EPRA net tangible asset ( " NTA " ) per ordinary share ( " Share " ) increased to 105.0 pence as at 31 August 2021 , an increase of 7.2 per cent from the 98.0 pence ( after share issue expenses ) at the time of the Company's IPO in October 2020 , reflecting the discount