RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 WELL POSITIONED FOR A CHANGING WORLD Financial highlights • Total return of -1.8%, from 6.6% in 2019 • EPRA net tangible assets1 3,812p per share, down 3.7% from 3,957p in December 2019 • Gross rental income of £202.9m, up 5.8% from £191.7m • Net rental income of £174.3m, down 2.1% from £178.0m, after £14.2m impairment and write-offs • Rent collection for 2020 now 92% plus 5% under agreed payment plans and 3% granted rent-frees • EPRA earnings of £111.0m, or 99.2p per share, down 3.8% from 103.1p in 2019 • Proposed final dividend raised 1.9% to 52.45p • Full year dividend of 74.45p per share from 72.45p, up 2.8% • Two debt facilities arranged or extended totalling £550m