Cairn Homes Regulatory News (CRN)

CAIRN HOMES PLC

Directorate Changes

Julie Sinnamon appointed as Independent Non-Executive Director

Andrew Bernhardt to retire at the end of 2021

17 September, 2021: Cairn Homes plc ("Cairn", "the Company" or "the Group"), the leading Irish homebuilding company, is pleased to announce the appointment of Ms Julie Sinnamon as an independent non-executive Director with effect from today. Cairn also announces that Mr Andrew Bernhardt has informed the Board he intends to step down at the end of 2021.

Julie Sinnamon

Ms Sinnamon brings deep experience in assisting Irish businesses to grow and scale. Ms Sinnamon had a highly successful career at Enterprise Ireland where she held a number of senior roles including the position of CEO from 2013 until her retirement in 2021. Enterprise Ireland is the organisation tasked with supporting the development and growth of Irish enterprises in global markets.

Ms Sinnamon is Chair of European Movement Ireland, Co-Chair of Balance for Better Business, Director of PwC Ireland Public Interest Body, The Agricultural Trust, Social Entrepreneurs Ireland and The Young Scientist & Technology Exhibition as well as serving as a member of the Investment Committee of the Irish Strategic Investment Fund and a member of the Irish Government's Climate Change Advisory Council. Ms Sinnamon is a business graduate of the University of Ulster, holds a Master's in International Business from Fordham University, USA and is a graduate of the Stanford Executive Programme, USA.

Andrew Bernhardt

Mr Bernhardt has informed the Board that, having served as a non-executive Director for over six years since the Group's IPO in 2015, he will retire from his role at the end of 2021.

John Reynolds, Cairn Chairman said:

"We are delighted to welcome Julie Sinnamon to the Cairn Board. Julie brings truly unique and valuable experience to Cairn having played a central role in the growth and development of Irish industry over a 30 year period. That depth of experience will broaden the diversity of background of the Board as we continue to grow and strengthen our position as a leading participant in Ireland's housing recovery.

On behalf of the Board, I would also like to thank Andrew Bernhardt for his insight and support over the past six years. Andrew has played a key role in the growth and development of Cairn since its IPO. He has been an excellent Board colleague and we were fortunate to have his services during our formative years. We wish him well for the future."

-ENDS-

For further information, contact:

Cairn Homes plc +353 1 696 4600

Tara Grimley, Company Secretary

Notes to Editors

Cairn Homes plc ("Cairn") is the leading Irish homebuilder committed to building high-quality, competitively-priced, sustainable new homes in great locations. At Cairn, the homeowner is at the very centre of the design process and we strive to provide an unparalleled customer service throughout each stage of the home-buying journey. A new Cairn home is thoughtfully designed and built to last with a focus on creating shared spaces and environments where communities prosper. Cairn owns a c. 16,400 unit land bank across 35 residential development sites, over 90% of which are located in the Greater Dublin Area ("GDA") with excellent public transport and infrastructure links.