Phoenix Spree D Regulatory News (PSDL)

Phoenix Spree Deutschland Limited

("PSD" or the "Company")

Board Appointment

11 January 2023

The Board of Directors of Phoenix Spree Deutschland Limited (LSE: PSDL.LN), the UK listed investment company specialising in Berlin residential real estate, is pleased to announce the appointment of Mr. Steven Wilderspin as a non-executive Director of the Company with effect from 10 January 2023.

Steven Wilderspin, a Jersey resident, is a fellow of the Institute of Chartered Accountants of England and Wales. He has acted as an independent director of a number of public and private investment funds and commercial companies since 2007.

He is currently a non-executive director and chair of the risk committee of Blackstone Loan Financing Limited, a non-executive director and chair of the audit and risk committee of HarbourVest Global Private Equity Limited and a non-executive director and chair of the audit and risk committee of GCP Infrastructure Investments Limited, all listed on the LSE.

Prior to 2007, Steven was a director at Maples Finance Jersey, with responsibility for their fund administration and fiduciary business. Steven began his career at PwC in London in 1990.

Robert Hingley, Chairman, commented:

"We are delighted to welcome Steve to the Board. He brings a wealth of experience and we are confident he will make a significant contribution to our business".

There is no information concerning Steven Wilderspin which is required to be disclosed pursuant to Listing Rules 9.6.13 R (1) to (6) inclusive and the Board considers him to be independent on appointment per the AIC Code of Corporate Governance.

Legal Entity identified: 213800OR6IIJPG98AG39

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