Holding(s) in Company

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Glenveagh Properties PLC

2. Reason for the notification (please tick the appropriate box or boxes):

[] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[x] Other (please specify)iii: change in chain of controlled undertakings - see section 10 & 12

3. Details of person subject to the notification obligationiv :

Name: Teleios Capital Partners LLC

City and country of registered office (if applicable):

Zug, Switzerland

4. Full name of shareholder(s) (if different from 3.)v: See Section 10

5. Date on which the threshold was crossed or reachedvi: NA

6. Date on which issuer notified: 6 May 2025

7. Threshold(s) that is/are crossed or reached: NA

8. Total positions of person(s) subject to the notification obligation: (See Section 12 also)

% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments(total of 9.B.1 + 9.B.2)

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

21.67%

21.67%

543,789,876.

Position of previous notification (if applicable)

21.49%

21.49%

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

Indirect

Direct

Indirect

Ordinary

IE00BD6JX574

117,867,234

21.67%

SUBTOTAL A

117,867,234

21.67%

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights

SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Teleios Global Opportunities Master Fund, Ltd.

17.88%

17.88%

Teleios Opportunities Special Investment 2

3.79%

3.79%

Total

21.67%

21.67%

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

12. Additional informationxvi:

This notification is being made to provide transparency to the market in relation to the manner in which ordinary shares in Glenveagh Properties PLC ("GLV") are held by Teleios Global Opportunities Master Fund, Ltd ("TGOMF").

On 2 May 2025, TGOMF transferred 20,633,681 of its total 117,867,234 Ordinary Shares in GLV to its newly incorporated and wholly owned subsidiary, Teleios Opportunities Special Investment 2.

Accordingly, while the overall number of shares held directly and indirectly by TGOMF in GLV has not changed since the previous TR1 notification filed on its behalf on 24 March 2025, the manner in which it holds these shares (and consequently the chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held) has changed as disclosed in section 10 above.

(Note, the ownership % in GLV shares disclosed in section 8 above has increased since the previous TR1 notification filed on behalf of TGOMF on 24 March 2025 solely as a consequence of share buybacks carried out by GLV in the relevant period. TGOMFs shareholding in GLV otherwise remains the same as at the last disclosure.)