M&G : provides £84.6 million loan to Civitas Social Housing PLC

News release

M&G provides £84.6 million loan to Civitas Social Housing PLC

• • Loan to support growth plans of the care-based social home provider

London, 19 February 2021 - M&G's Real Estate Finance team has provided Civitas Social Housing PLC ("Civitas"), a London listed Real Estate Investment Trust dedicated to invest in care-based social homes across the UK, with a £84.55 million loan.

Civitasprovideshomesfor4,295workingageadultswithlong-termcareneeds,in619bespokeproperties that are supported by 118 specialist care providers, 16 approved providers over 164 individual local authority areas.

The loan is designed to support continuing growth plans and Civitas intends to utilise the proceeds during 2021 to enable the purchase of high-quality properties that form part of the pipeline of new transactions.

Michael Wrobel, Chairman of Civitas, says: "We are delighted to have secured this new loan facility f rom M&G, a leading institutional lender with extensive experience and understanding of the social housing sector. We expect this loan to be utilised over the coming months to bring forward our extensive pipeline of high quality properties and continue to deliver on our dual mission of stable long-term income for our shareholders and excellent long-term accommodation for the residents in our properties."

Duncan Batty, Director of Real Estate Finance, M&G, says: "We are proud to be able to support Civitas, who invest in specialist supported housing that enables greater autonomy and independence for those who need some degree of help or care. We hope this loan will have a positive social impact while also generating a return for our institutional clients."

M&G's Real Estate Finance team is part of M&G's £65.5 billion Private & Alternative Assets business. It has committed over £10 billion in commercial mortgages (as at 30 June 2020) in the UK, Europe and the USA on behalf of more than 100 global institutional investors and is one of the largest alternative lenders to emerge since the 2008 global financial crisis.

-ENDS-

If you require any further information, please contact: Civitas Investment Management Limited

Paul Bridge Andrew DawberTel: [phone]

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Irene Chambers

M&G Corporate Affairs

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Notes to Editors

About M&G Investments

M&G Investments is part of M&G plc, a savings and investment business which was f ormed in 2017 through the merger of Prudential plc's UK and Europe savings and insurance operation and M&G, its wholly owned international investment manager. M&G plc listed as an independent company on the London Stock Exchange in October 2019 and has £339 billion of assets under management (as at 30 June 2020). M&G p lc has over 5 million customers in the UK, Europe, the Americas and Asia, including individual savers and investors, life insurance policy holders and pension scheme members.

For nearly nine decades M&G Investments has been helping its customers to prosper by putting investments to work, which in turn creates jobs, homes and vital infrastructure in the real economy. Its investment solutions span equities, f ixed income, multi asset, cash, private debt, infrastructure and real estate.

M&G recognises the importance of responsible investing and is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and is a member of the Climate Bonds Initiative Partners Programme.

M&G plc has committed to achieve net zero carbon emissions on its total book of assets under management and administration by 2050 and committed to reduce operational carbon emissions as a corporate entity to net zero by 2030.

For more information, please visit: https://global.mandg.com/

About Civitas Social Housing PLC

Civitas Social Housing PLC (CSH) was created in 2016 by Civitas Investment Management Limited as the first dedicated London listed REIT, to raise long-term, sustainable, institutional capital to invest in care-based social homes across the UK. So far, CSH has completed more than 120 individual transactions to build the largest portfolio of its kind that has been independently valued on an IFRS basis at £901.1million. CSH provides homes for 4,295 working age adults with long-term care needs, in 619 bespoke properties that are supported by 118 specialist care providers, 16 approved providers over 164 individual local authority areas.Civitas Social Housing | What We Do

This press release reflects the authors' present opinions reflecting current market conditions; are subject to change without notice; and involve a number of assumptions which may not prove valid. It has been written for informational purposes only and should not be considered as investment advice or as a recommendation of any particular security, strategy or investment product. Past performance is not a guide to future performance.

The services and products herein are available only to investment professionals and are not available to individual investors, who should not rely on this communication. Information given in this document has been obtained from, or based upon, sources believed by us to be reliable and accurate although M&G does not accept liability for the accuracy of the contents.

Issued by M&G Investment Management Limited (unless stated otherwise), registered in England and Wales under number 936683, registered office 10 Fenchurch Avenue, London EC3M 5AG. M&G Investment Management Limited is authorised and regulated by the Financial Conduct Authority. M&G Real Estate Limited is registered in England and Wales under number 3852763 and is not authorised or regulated by the Financial Conduct Authority. M&G Real

Estate Limited forms part of the M&G Group of companies.