CAPITAL & REGIONAL PLC (Incorporated in the United Kingdom) (UK company number 01399411) LSE share code: CAL JSE share code: CRP LEI: 21380097W74N9OYF5Z25 ISIN: GB00BL6XZ716 (“Capital & Regional” or “the Company”) CHANGE OF AUDITOR Capital & Regional announces that, following the conclusion of a formal tender process led by the Company's audit committee, the Board has approved the proposed appointment of Mazars LLP as the Company's auditor for the financial year ending 30 December 2023, which will be subject to approval by the Company's shareholders at the next annual general meeting to be held in May 2023. Deloitte LLP, the Company's current auditor, will step down following completion of the audit of the financial year ending 30 December 2022 due to the impact of mandatory rotation requirements. 16 November 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 its portfolio of in-town shopping centres. Using its in-house expert property and asset management platform Capital & Regional owns and / or manages shopping centres in Hemel Hempstead, Ilford, Luton, Maidstone, Redditch, Walthamstow and Wood Green. 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/