CAPITAL & REGIONAL PLC (Incorporated in the United Kingdom) (UK company number 01399411) LSE share code: CAL JSE share code: CRP LEI: 21380097W74N9OYF5Z25 ISIN: GB0001741544 (“Capital & Regional” or “the Company”) RESULTS OF SCRIP DIVIDEND ELECTION Capital & Regional announces that a total of 3,781,832 ordinary shares of £0.10 each in the Company (the “scrip dividend shares”) are to be issued pursuant to the election offered to shareholders to receive the interim dividend for the six months ended 30 June 2022 by way of the issue of new ordinary shares. This represents approximately 2.3 per cent of the current issued share capital of the Company. The scrip dividend shares will rank pari passu in all respects with the Company’s existing issued ordinary shares. An application will be made for the scrip dividend shares to be admitted to the Premium Segment of the Official List of the United Kingdom Listing Authority, to trading on the London Stock Exchange’s Main Market for listed securities, and to be listed on the Johannesburg Stock Exchange (the “admission”). It is expected that admission will occur on Friday, 7 October 2022. Following the issue of the scrip dividend shares, the total number of shares in issue and voting rights in Capital & Regional will be 169,181,695 with effect from Friday, 7 October 2022. This may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Capital & Regional under the UK Financial Conduct Authority's Disclosure and Transparency Rules. Share certificates will be posted to certificated shareholders who elected to receive scrip dividend shares on Friday, 7 October 2022. The CREST, CSDP or broker accounts of dematerialised shareholders who elected to receive scrip dividend shares will be credited with scrip dividend shares on Friday, 7 October 2022. 26 September 2022 JSE sponsor Java Capital Notes to editors: About Capital & Regional plc Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of in-town shopping centres. Capital & Regional owns and/or manages seven shopping centres in Hemel Hempstead, Ilford, Luton, Maidstone, Redditch, Walthamstow and Wood Green. Capital & Regional manages these assets through its in-house expert property and asset management platform. Capital & Regional is listed on the main market of the London Stock Exchange (LSE) and has a secondary listing on the Johannesburg Stock Exchange (JSE) For further information see capreg.com/