4 April 2023

Triple Point Social Housing REIT plc

(the "Company" or, together with its subsidiaries, the "Group")

PURCHASE OF ORDINARY SHARES UNDER THE INVESTMENT MANAGEMENT AGREEMENT

The Company announces that, in accordance with the terms of the Investment Management Agreement with Triple Point Investment Management LLP ("Triple Point" or the "Investment Manager"), pursuant to which the Investment Manager shall procure that 25 per cent. of the management fee (net of applicable tax) shall be applied by subscribing for or acquiring Ordinary Shares in the capital of the Company ("Management Shares"), the Investment Manager purchased 652,661 Ordinary Shares in the market at an average price of 43.24 pence per Ordinary Share on 3 April 2023. This purchase of Management Shares was made by Perihelion One Limited ("Perihelion"), a company in the Triple Point Group.

In March 2021, the Investment Manager introduced a Product Ownership Scheme, under which partners and employees of Triple Point are able to use some or all of their discretionary remuneration to acquire Ordinary Shares from the Investment Manager. The partners and employees of Triple Point are subject to the Triple Point Personal Account Dealing Code which governs the ability of such individuals to deal in the Ordinary Shares. Under the scheme, employees are incentivised to hold the Ordinary Shares for at least 12 months but are not subject to any formal lock-in arrangements.

Perihelion has transferred a total of 895,426 Ordinary Shares to partners and employees under the Product Ownership Scheme. The Investment Manager and its staff currently hold a total of 3,432,377 Ordinary Shares in the Company*.

^* Figure only includes Management Shares acquired from Perihelion and not Ordinary Shares otherwise acquired by such individuals.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800BERVBS2HFTBC58.

Further information on the Company can be found on its website at www.triplepointreit.com.

NOTES:

The Company focuses on investing in newly developed social housing assets in the UK, with a particular focus on specialised supported housing. The majority of the assets within the portfolio are subject to inflation-linked, long-term, Fully Repairing and Insuring ("FRI") leases with Approved Providers (being Housing Associations, Local Authorities or other regulated organisations in receipt of direct payment from local government). The portfolio comprises investments into properties which are already subject to a lease with an Approved Provider, as well as forward funding of pre-let developments but does not include any direct development or speculative development.

There is increasing political pressure and social need to increase housing supply across the UK which is creating opportunities for private sector investors to help deliver this housing. The Group's ability to provide forward funding for new developments not only enables the Company to secure fit for purpose, modern assets for its portfolio but also addresses the chronic undersupply of suitable supported housing properties in the UK at sustainable rents as well as delivering returns to investors.

The Company is a UK Real Estate Investment Trust ("REIT") listed on the premium segment of the Official List of the UK Financial Conduct Authority and is a constituent of the FTSE EPRA/NAREIT index.