TR-1: Standard form for notification of major holdings RDI REIT P.L.C. (Incorporated in the Isle of Man) (Registered number 010534V) LSE share code: RDI JSE share code: RPL ISIN: IM00BH3JLY32 LEI: 2138006NHZUMMRYQ1745 (“RDI” or the “Company” or the “Group”) TR-1: STANDARD FORM FOR NOTIFICATION OF MAJOR HOLDINGS 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are RDI REIT P.L.C. attached: 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Details of person subject to the notification obligation Name Starwood XI Management, L.P. in its position as the sole shareholder of the general partner of SOF- 11 International SCSp City and country of registered office (if applicable) Delaware, USA 4. Full name of shareholder(s) (if different from 3.) Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached: 29 June 2020 6. Date on which issuer notified (DD/MM/YYYY): 1 July 2020 7. Total positions of person(s) subject to the notification obligation % of voting rights % of voting rights through financial Total number of attached to shares instruments Total of both in voting rights of (total of 8. A) (total of 8.B 1 + 8.B 2) % (8.A + 8.B) issuer Resulting situation on the date on which threshold was crossed or reached 29.54% - 29.54% 112,335,228 Position of previous notification (if applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached A: Voting rights attached to shares Class/type of Number of voting rights % of voting rights shares Direct Indirect Direct Indirect ISIN code (Art 9 of Directive (Art 10 of (Art 9 of Directive (Art 10 of (if possible) 2004/109/EC) Directive 2004/109/EC) Directive (DTR5.1) 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.2.1) (DTR5.2.1) ORD - 112,335,228 - 29.54% IM00BH3JLY32 SUBTOTAL 8. A 112,335,228 29.54% B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) Number of voting rights that may be acquired if the Type of financial Expiration Exercise/ instrument is % of voting instrument date Conversion Period exercised/converted. rights SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Type of Exercise/ Physical or financial Expiration Conversion cash Number of % of voting instrument date Period settlement voting rights rights SUBTOTAL 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) 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 (under- lying) issuer Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or X legal entity (please add additional rows as necessary) % of voting rights through financial % of voting rights if instruments if it it equals or is higher equals or is higher Total of both if it than the notifiable than the notifiable equals or is higher than Name threshold threshold the notifiable threshold Starwood XI Management, L.P. 29.54% 29.54% SOF-11 International Management Lux, S.a r.l as general partner of SOF-11 International, SCSp (100% owned by Starwood XI Management, L.P.) 29.54% 29.54% SOF-11 International, SCSp 29.54% 29.54% SOF-11 International Holdco Limited (100% owned by SOF-11 International, SCSp) 29.54% 29.54% SOF-11 International Investco 2 Limited (100% owned by SOF-11 International Holdco Limited) 9.74% 9.74% SDSS K Investco 2 Limited (100% owned by SOF-11 International Holdco Limited) 9.77% 9.77% SDSS K Investco 3 Limited (100% owned by SOF-11 International Holdco Limited) 9.91% 9.91% SOF 11 International Investco Limited (100% owned by SOF-11 International Holdco Limited) 0.12% 0.12% 10. In case of proxy voting, please identify: Name of the proxy holder N/A The number and % of voting rights held N/A The date until which the voting rights will be held N/A 11. Additional information Place of completion London Date of completion 1 July 2020 1 July 2020 JSE sponsor Java capital Date: 01-07-2020 05:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.