Renewables Infrastructure Group Regulatory News (TRIG)

2 November 2023

The Renewables Infrastructure Group Limited (the 'Company')

Interim Dividend

The Renewables Infrastructure Group Limited (the 'Company') is pleased to announce the third quarterly interim dividend in respect of the three month period to 30 September 2023 of 1.795 pence per ordinary share (the "Q3 Dividend"). The shares will go ex-dividend on 9 November 2023 and the Q3 Dividend will be paid on 29 December 2023 to shareholders on the register as at the close of business on 10 November 2023.

In accordance with the terms and conditions of the Scrip Dividend Alternative and the Directors' power to cancel the Scrip Dividend Alternative where a change in market conditions might, in the reasonable opinion of the Directors, render the Scrip Dividend Alternative materially detrimental to those Shareholders electing for it, the Board has decided to cancel the Scrip Dividend Alternative in respect of the Q3 Dividend due to the Company's Ordinary Shares currently trading at a larger than 10% discount to the published Net Asset Value ("NAV"). Accordingly, Shareholders will receive the Q3 Dividend in cash and, should they so wish, can choose to apply the cash dividend in acquiring Ordinary Shares in the secondary market.

Capitalised terms shall have the meanings given to them in the Scrip Dividend Circular 2023 (the "Scrip Circular") available on the Company's website to view and/or download at: www.trig-ltd.com in the Investor Relations, 'Reports & Publications', 'Circulars' section. The Scrip Circular is also available from the National Storage Mechanism website (https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

The Board expects to re-instate the scrip dividend alternative in respect of future quarterly dividends, subject to an assessment of the relevant prices and a determination that a re-instatement of the scrip dividend alternative would be for the benefit of the Company's shareholders as a whole.

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