Format of Annual General Meeting

24 February 2021

FORMAT OF ANNUAL GENERAL MEETING

In light of government guidance regarding Covid-19, the format of the annual general meeting ('AGM') of Schroder European Real Estate Investment Trust plc (the 'Company') due to be held at 12.00 noon on Wednesday, 3 March 2021 at the Company's registered office will be altered.

To ensure the safety and security of shareholders, service providers, officers and guests, the AGM will take place behind closed doors with only the minimum number of participants required to form a quorum. Shareholders are therefore asked not to attend the AGM in person but instead to vote by proxy.

In the event that shareholders have a question for the Board, please contact the Company Secretary by email or telephone using the details below.

Contacts:

Schroder Investment Management Limited

Ria Vavakis

ria.vavakis@schroders.com

020 7658 2371