BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

Vanguard's Position in Picton Property Income Limited

The Vanguard Group, Inc. has disclosed its significant interests in Picton Property Income Limited through a Form 8.3 filing. On 22 July 2026, Vanguard held 25,678,860 ordinary shares, representing 5.00% of Picton's issued share capital.

Additionally, Vanguard reported transactions involving the sale of 75,702 ordinary shares at 0.72 GBP per unit. This disclosure also includes its interactions with a consortium consisting of LondonMetric Property plc and Schroder Real Estate Investment Trust Limited.

No additional agreements, arrangements, or indemnities related to options or derivatives were noted. Further, no Supplemental Form 8 was attached to this disclosure.

R. H.

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