The Board of Directors of Alternative Income REIT plc update on the Company's Committee membership, as follows: As previously announced on 4 March 2021, Alan Sippetts will succeed Steve Smith as Non-Executive Chairman of the Board from 1 May 2021. Adam C Smith has been appointed as a member of the Audit Committee with effect from 1 May 2021. Jim Prower will remain as the Chairman of the Audit Committee, and Alan Sippetts will remain as a member of the Committee. With effect from 1 May 2021, the Management Engagement and Remuneration Committee will be reorganised as the Management Engagement Committee, with decisions related to the Directors' remuneration to be taken by the Board as a whole. Adam C Smith will replace Alan Sippetts as Chairman of the reorganised Management Engagement Committee with effect from 1 May 2021, and Jim Prower and Alan Sippetts will also remain as members of the Committee.