Irish Residential Properties REIT

AGM Information • May 27, 2020

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date: 2020-05-27 10:58:00+00:00

27 May 2020

Result of Annual General Meeting

Irish Residential Properties REIT plc (“I•RES” or the “Company”) announces that at its Annual General Meeting held today, 27 May 2020, at the Company’s registered office at South Dock House, Hanover Quay, Dublin 2, Ireland, all of the resolutions put to the shareholders at the Annual General Meeting were passed. Voting on all resolutions was conducted by poll and the results are set out below.

The full text of each resolution, together with explanatory notes, was included in the Notice of Annual General Meeting circulated to shareholders on 16 April 2020 and made available on the Company’s website at www.iresreit.ie.

• A vote withheld is not a vote in law and is not counted in the proportion of votes for or against a resolution.

The total number of ordinary shares in issue as at 6 p.m. on Tuesday, 26 May 2020 was 521,678,946.

In accordance with the Listing Rules of Euronext Dublin, copies of the resolutions passed at the Annual General Meeting relating to special business of the Company have been forwarded to Euronext Dublin and will shortly be available for inspection at the following address:

Company Announcements Office

Euronext Dublin

The Exchange, Foster Place, Temple Bar, Dublin 2, Ireland

Tel: +353 (0) 1 617 4200

For further information please contact:

For Investor Relations:

Irish Residential Properties REIT plc

Margaret Sweeney, Chief Executive Officer

• 353 (0) 1 557 0974

For Media Requests:

Q4PR

Gerry O’Sullivan

• 353 87 2597644

About Irish Residential Properties REIT plc

Irish Residential Properties REIT plc (together with IRES Residential Properties Limited, the “Group”) is a growth oriented Real Estate Investment Trust that is focused on acquiring, holding, managing and developing investments primarily focused on private residential rental accommodations in Ireland. The Group currently owns 3,739 apartments and houses for private rental in Dublin and Cork with an additional 164 units due for delivery between now and the end of 2021 under pre-purchase contracts. The Company also has planning approval to develop an additional 609 residential units on its existing sites. The Company’s shares are listed on Euronext Dublin. Further information in respect of the Company can be obtained from the Company’s website at www.iresreit.ie.

Note on forward-looking information

This note applies if and to the extent that there are forward-looking statements in this Announcement.

This Announcement may contain forward-looking statements, which are subject to risks and uncertainties because they relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company or the industry in which it operates, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking statements referred to in this paragraph speak only as at the date of this Announcement. The Company will not undertake any obligation to release publicly any revision or updates to these forward-looking statements to reflect future events, circumstances, unanticipated events, new information or otherwise except as required by law or by any appropriate regulatory authority.

No	Resolution	Votes For	Votes Against	Votes Withheld*
1	To receive and consider the financial statements for the year ended 31 December 2019 and the reports of the Directors and the Auditors thereon	309,305,597	46,690,284	406,721
2 (a)	To re-elect Phillip Burns as a Director	343,103,782	13,199,758	99,062
2 (b)	To re-elect Joan Garahy as a Director	352,510,323	3,793,217	99,062
2 (c)	To re-elect Tom Kavanagh as a Director	354,053,854	2,249,686	99,062
2 (d)	To re-elect Mark Kenney as a Director	347,071,621	9,231,919	99,062
2 (e)	To re-elect Declan Moylan as a Director	344,145,014	12,158,526	99,062
2 (f)	To re-elect Aidan O’Hogan as a Director	315,735,653	40,567,887	99,062
2 (g)	To re-elect Margaret Sweeney as a Director	353,661,401	2,642,139	99,062
3	Authority to call a general meeting on 14 clear days’ notice	319,448,907	36,854,633	99,062
4	Authority to fix the remuneration of the Auditors in respect of the period expiring at the next Annual General Meeting of the Company	356,303,540	0	99,062
5	To receive and consider the Remuneration Policy	353,535,440	2,768,100	99,062
6	Authority to allot relevant securities up to specified limits	330,009,910	26,293,630	99,062
7(a)	Authority to disapply pre-emption rights in specified circumstances	319,841,063	36,462,477	99,062
7(b)	Additional authority to disapply pre-emption rights for an acquisition or other specified capital investment	317,846,310	38,457,230	99,062
8	Authority to make market purchases of the Company’s own shares	354,505,980	1,733,265	163,357
9	Authority to re-allot treasury shares at a specified price range	356,239,245	64,295	99,062