Grainger PLC — Capital/Financing Update 2026

May 11, 2026

National Storage Mechanism | Additional information

RNS Number : 7060D

Grainger PLC

11 May 2026

11 May 2026

Grainger plc

("Grainger" or the "Company")

Grainger extends core banking facility to 2033 at improved margins,

saving c.£1m in finance costs annually

Grainger, the UK's largest listed residential landlord and leader in Build to Rent, today announces that it has agreed an extension on £540m of its core banking facilities to 2033 with AIB, Barclays, HSBC and NatWest.

The extensions further strengthen the company's balance sheet with weighted average facility maturity including extension options increasing to 4.6 years.

The extensions were agreed at lower margins, resulting in an annual saving of c.£1m in finance costs.

This is in line with Grainger's previously stated plan to deleverage by £300-350m by FY29, targeting an LTV of 30% and Net Debt to EBITDA of 8x.

- ENDS -

For further information, please contact:

Investor relations

Kurt Mueller, Grainger plc:                                                          +44 (0) 20 7940 9500

Media

Ginny Pulbrook / Geoffrey Pelham-Lane, Camarco:                     +44 (0) 20 3757 4992 / 4985

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