The Board of Impact Healthcare REIT PLC announced the following Board changes as part of a Board succession planning process, which was supported by external consultants. Rupert Barclay (Non-Executive Chairman of the Company), who has been with the Company since its IPO in March 2017, has informed the Board of his intention to step down from the Board at the end of the first quarter of 2023 ahead of the Company's 2023 Annual General Meeting and to resign as a Director of the Company on the same date. The Board and Investment Manager would like to express their thanks to Rupert for his invaluable direction, support and contribution to the growth of the Company since IPO.

During this time, the Company's portfolio has grown in value to £543.0 million across 136 healthcare properties(1)as at 30 September 2022, let to 14 tenants(2)on fixed-term leases of 20 to 35 years (no break clauses)(3), subject to annual upward-only inflation-linked rent reviews (with floors and caps). He will leave the business very well positioned to continue to deliver attractive sustainable returns to shareholders through its covered progressive dividend, further strong capital growth potential and value creation capabilities of the Group's resilient portfolio for the benefit of all stakeholders. Rupert will depart the business.

The Board is delighted to announce that Simon Laffin will join the Board as a Non-Executive Director and Chairman Designate on 1 January 2023; he will take on the Chairman role when Rupert steps down at the end of the first quarter of 2023. Simon will also become a member of the Nomination, Remuneration and Management Engagement Committees on appointment.