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abrdn Property Income Trust Ltd

Major Shareholding Notification Nov 11, 2025

4829_rns_2025-11-11_0eb70ab3-d40a-4c25-9399-709fc6892b64.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0033875286

Issuer Name

ABRDN PROPERTY INCOME TRUST LIMITED

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Staude Capital Pty Ltd

City of registered office (if applicable)

Avalon Beach

Country of registered office (if applicable)

Australia

4. Details of the shareholder

Name City of registered office Country of registered office
Goldman Sachs Securities Nominees Limited London UK

5. Date on which the threshold was crossed or reached

10-Nov-2025

6. Date on which Issuer notified

11-Nov-2025

7. Total positions of person(s) subject to the notification obligation

. % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached 3.041552 5.890971 8.932523 34052474
Position of previous notification (if applicable) 1.311582 5.890971 7.202553

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1)
GB0033875286 11594974 3.041552
Sub Total 8.A 11594974 3.041552%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument Expiration date Exercise/conversion period Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights
CFD 12 May 2027 Cash 22457500 5.890971
Sub Total 8.B2 22457500 5.890971%

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

Ultimate controlling person Name of controlled undertaking % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

11-Nov-2025

13. Place Of Completion

UK



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