<div id="readability-page-1"><div>RNS Number : 9940M PRS REIT PLC (The) 29 December 2025 TR-1: Standard form for notification of major holdings1. Issuer DetailsISINGB00BF01NH51Issuer NameTHE PRS REIT PLCUK or Non-UK IssuerUK2. Reason for NotificationAn acquisition or disposal of financial instruments3. Details of person subject to the notification obligationNameBank of America CorporationCity of registered office (if applicable)Country of registered office (if applicable)US4. Details of the shareholderFull name of shareholder(s) if different from the person(s) subject to the notification obligation, aboveCity of registered office (if applicable)Country of registered office (if applicable)5. Date on which the threshold was crossed or reached23-Dec-20256. Date on which Issuer notified24-Dec-20257. Total positions of person(s) subject to the notification obligation<div><table><tbody><tr><td></td><td>% of voting rights attached to shares (total of 8.A)</td><td>% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)</td><td>Total of both in % (8.A + 8.B)</td><td>Total number of voting rights held in issuer</td></tr><tr><td>Resulting situation on the date on which threshold was crossed or reached</td><td>0.000000</td><td>14.890620</td><td>14.890620</td><td>81786950</td></tr><tr><td>Position of previous notification (if applicable)</td><td>0.000000</td><td>15.024840</td><td>15.024840</td><td></td></tr></tbody></table></div>8. Notified details of the resulting situation on the date on which the threshold was crossed or reached8A. Voting rights attached to shares<div><table><tbody><tr><td>Class/Type of shares ISIN code(if possible)</td><td>Sub Total 8.A</td></tr><tr><td>Number of direct voting rights (DTR5.1)</td><td colspan="2"></td></tr><tr><td>Number of indirect voting rights (DTR5.2.1)</td><td colspan="2"></td></tr><tr><td>% of direct voting rights (DTR5.1)</td></tr><tr><td>% of indirect voting rights (DTR5.2.1)</td></tr></tbody></table></div>8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))<div><table><tbody><tr><td>Type of financial instrument</td><td>Expiration date</td><td>Exercise/conversion period</td><td>Number of voting rights that may be acquired if the instrument is exercised/converted</td><td>% of voting rights</td></tr><tr><td>Right to Recall</td><td>n/a</td><td>n/a</td><td>520687</td><td>0.094799</td></tr><tr><td>Physical Swaps</td><td>23/02/2026</td><td>n/a</td><td>11072000</td><td>2.015834</td></tr><tr><td>Sub Total 8.B1</td><td colspan="2"></td><td>11592687</td><td>2.110633%</td></tr></tbody></table></div>8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))<div><table><tbody><tr><td>Type of financial instrument</td><td>Expiration date</td><td>Exercise/conversion period</td><td>Physical or cash settlement</td><td>Number of voting rights</td><td>% of voting rights</td></tr><tr><td>Swaps</td><td>06/01/2026</td><td>n/a</td><td>Cash</td><td>15455028</td><td>2.813834</td></tr><tr><td>Swaps</td><td>27/02/2026</td><td>n/a</td><td>Cash</td><td>1</td><td>0.000000</td></tr><tr><td>Swaps</td><td>18/03/2026</td><td>n/a</td><td>Cash</td><td>20068</td><td>0.003654</td></tr><tr><td>Swaps</td><td>02/04/2026</td><td>n/a</td><td>Cash</td><td>46854972</td><td>8.530696</td></tr><tr><td>Swaps</td><td>05/05/2026</td><td>n/a</td><td>Cash</td><td>4806000</td><td>0.875009</td></tr><tr><td>Swaps</td><td>30/06/2026</td><td>n/a</td><td>Cash</td><td>7425</td><td>0.001352</td></tr><tr><td>Swaps</td><td>31/07/2026</td><td>n/a</td><td>Cash</td><td>2100000</td><td>0.382339</td></tr><tr><td>Swaps</td><td>15/04/2027</td><td>n/a</td><td>Cash</td><td>29800</td><td>0.005426</td></tr><tr><td>Swaps</td><td>15/10/2027</td><td>n/a</td><td>Cash</td><td>920969</td><td>0.167677</td></tr><tr><td>Sub Total 8.B2</td><td colspan="3"></td><td>70194263</td><td>12.779987%</td></tr></tbody></table></div>9. Information in relation to the person subject to the notification obligation2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)<div><table><tbody><tr><td>Ultimate controlling person</td><td>Name of controlled undertaking</td><td>% of voting rights if it equals or is higher than the notifiable threshold</td><td>% of voting rights through financial instruments if it equals or is higher than the notifiable threshold</td><td>Total of both if it equals or is higher than the notifiable threshold</td></tr><tr><td>Bank of America Corporation</td><td>Bank of America, National Association</td><td></td><td>7.673128</td><td>7.673128%</td></tr><tr><td>Bank of America Corporation</td><td>Merrill Lynch International</td><td></td><td>7.217492</td><td>7.217492%</td></tr></tbody></table></div>10. In case of proxy votingName of the proxy holderThe number and % of voting rights heldThe date until which the voting rights will be held11. Additional Information12. Date of Completion24-Dec-202513. Place Of CompletionUnited KingdomThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. 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Bank of America Corporation has notified that it crossed a voting rights threshold in PRS REIT PLC on December 23, 2025. The notification indicates that Bank of America holds 14.89% of voting rights attached to shares and additional financial instruments. The issuer was informed on December 24, 2025. The notification includes details of the voting rights and financial instruments held by Bank of America and its controlled undertakings.

- Bank of America Corporation has reported a major acquisition of voting rights in PRS REIT PLC as of December 23, 2025.  
- The notification indicates that Bank of America holds a total of 14.89% of voting rights, having crossed a threshold with this acquisition.  
- The notification was completed on December 24, 2025, and further financial details regarding the instruments held have been provided.

REG - PRS REIT PLC (The) Bank of America Corp - TR-1 Notification