Irish Residential Properties REIT has appointed Denise Turner as an Independent Non-Executive Director of the Company. Ms Turner's appointment follows a formal selection process conducted by the Nomination Committee and using external consultants and will take effect from the conclusion of the Company's AGM on 4 May 2023 (the "2023 AGM") subject to approval at that meeting of her election as a director of the Company. The Company is also pleased to announce that Ms Joan Garahy is to assume the role of Senior Independent Director.

As announced in October 2022, Mr. Aidan O'Hogan will retire from the board of directors (the "Board") upon the conclusion of the 2023 AGM. Ms Garahy, a current Independent Non-Executive Director who joined the Board in 2017, will replace Mr. O'Hogan as Senior Independent Director upon his retirement. Ms Turner is an experienced property professional with deep industry expertise, bringing extensive experience across property acquisition, investments, valuations, rent reviews and asset sales.

Ms Turner is currently the Head of Asset Management Ireland at Kanam Grund REAM, a privately managed, German based real estate investment specialist with current assets under management in excess of (EURO)6 billion. Prior to this, Ms Turner worked with Savills Ireland from 1993 to 2013 starting as a graduate and progressing to become a Director of Savills Commercial (Ireland) Limited in 2002, a role she held until 2012. Ms Turner is a Member of the Society of Chartered Surveyors in Ireland and a member of the Royal Institution of Chartered Surveyors in the UK.

Joan Garahy biography Ms Garahy has more than 30 years of experience advising on and managing investment funds. She is currently also a member of the board of directors of ICON plc, where she is Chair of the Compensation & Organisation Committee and a member of the Nominations and Sustainability committee. Ms Garahy is also a member of the Board of IPB Insurance CLG and Chair of the Audit Committee.

Ms Garahy is a former member of the board of directors of Kerry Group plc where she held the positions of Senior Independent Director, Chair of the Remuneration Committee, and a member of the Audit Committee.