The Board of TR Property Investment Trust plc announced that Andrew Vaughan will join the Board as an independent Non-Executive Director with effect from 1 August 2022. Mr. Vaughan will replace Simon Marrison, who will retire from the Board at the conclusion of the 2022 AGM. Mr. Vaughan brings deep experience as a pan-European direct property investor.

He is Chief Executive Office of Redevco B.V., having joined in2000asManaging Director ofRedevcoUK. He was appointed CEO in 2011. Mr. Vaughan began his career at Friends Provident where he was a fund manager.

He spent three years at Moorfield Group as an Investment Specialist before joining Redevco. He has a BSc in Urban Estate Surveying.