YEW.L Regulatory News (YEW)

Yew Grove REIT plc

(the "Company" or "Yew Grove")

Update on upcoming General Meetings

As set out in the notices of annual general meeting and extraordinary general meeting issued by the Company on 29 April 2020, the annual general meeting of Yew Grove (the "AGM") is scheduled to take place at 12 noon on 29 May 2020 at 6th Floor, 2 Grand Canal Square, Dublin 2, Ireland and the extraordinary general meeting (the "EGM") is scheduled to take place at 12.15p.m. (or, if later, immediately following the conclusion of the AGM) on the same date and at the same location.

Following the publication, on 1 May 2020, of the Irish Government's roadmap to ease Covid-19 restrictions and reopen Ireland's economy and society, significant restrictions on internal gatherings of people not from the same household will remain in place on 29 May 2020. Accordingly, shareholders are requested not to attend either the AGM or the EGM in person and instead to submit a proxy form to ensure they can vote and be represented at both the AGM and the EGM without attending in person.

The Company regrets the need to take this step but considers the well-being of shareholders, employees and attendees a top priority. Yew Grove encourages all shareholders to avail of the other methods outlined below to ensure effective shareholder participation at both the AGM and the EGM.

Voting

All resolutions at each of the AGM and the EGM will be put to a poll (which incorporates proxy votes received prior to the meetings) and the Company will publish the results of each poll later in the day on its website. Proxy voting can be carried out in advance of the AGM and the EGM in one of the following ways: (1) by completing the Proxy Forms enclosed with the notice of AGM and the notice of EGM, (2) via the registrar's website at www.signalshares.com or (3) via the CREST electronic proxy appointment service for those shareholders who are CREST members. In light of the restrictions, shareholders should appoint the chairman of the meeting as their proxy.

Questions

Shareholders may submit questions relating to the business of either meeting in advance (so as to be received by no later than 12 noon on Thursday, 28 May 2020) by email to info@ygreit.com.

Updates

The Board encourages shareholders to check Regulatory Information Services and the Company's website www.ygreit.com for any updates in relation to the AGM and the EGM. Shareholders are also encouraged to keep up-to-date with Government announcements and to follow Health Service Executive/World Health Organization guidance.

For further information contact:

Forward-looking Statements

Certain information contained in this announcement may constitute forward looking information. This information relates to future events or occurrences or the Company's future performance. All information other than information of historical fact is forward looking information. The use of any of the words "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", "predict" and "potential" and similar expressions are intended to identify forward looking information. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that this information will prove to be correct and such forward looking information included in this announcement should not be relied upon. Forward-looking information speaks only as of the date of this announcement. The forward-looking information included in this announcement is expressly qualified by this cautionary statement and is made as of the date of this announcement. The Company and its group does not undertake any obligation to publicly update or revise any forward-looking information except as required by applicable securities laws.

Notes to editors

Yew Grove REIT plc, quoted on the London Stock Exchange's AIM market and on the Euronext Growth Market in Dublin, is an Irish commercial real estate company invested in a diversified portfolio of Irish commercial property. Yew Grove has a particular focus on well-tenanted commercial real estate assets comprising of office and industrial assets outside of Dublin's Central Business District.

Yew Grove's highly experienced team has a proven track record in commercial property investment and asset management in Ireland and internationally and is focused on delivering results. Its investment approach is strategic, not speculative, principally on assets that are let, pre-let or to be let after refurbishment. Shareholders are provided with stable, long-term income from a diverse portfolio of commercial property comprising well-tenanted real estate in strategic centres let to Irish government entities and other state bodies, IDA Ireland supported and other FDI companies, and larger corporates.