Eurocastle Announces Release of all Remaining Reserves

EUROCASTLE INVESTMENT LIMITED

                                       FOR IMMEDIATE RELEASE
Contact:        
Oak Fund Services (Guernsey) Limited
Company Administrator
Attn: Nicole Barnes
Tel: [phone]        

Eurocastle Announces Release of all Remaining Reserves

Guernsey, 7 October 2025 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) (“Eurocastle” or the “Company”) today announces that it has entered into a contractual arrangement in respect of the Legacy German tax matter (the “Arrangement”) at a total estimated cost of €0.85 million. The Directors have therefore released the full €6.0 million of reserves related to the matter. As a result, the Company no longer holds any additional reserves and going forward will report a single IFRS-based NAV.

As of June 30, 2025 Eurocastle’s pro forma NAV adjusted for the cost of the Arrangement, amounts to €20.4 million, or €20.34 per share.

The table below summarises the Company’s net assets as of June 30, 2025 pro forma for the Arrangement and release of all reserves.

				Q2 2025 NAV			Pro Forma Movements1			Q2 2025 Pro Forma NAV
				€’m	€ p.s.		€’m	€ p.s.		€’m	€ p.s.
New Investment Strategy - EPIF				1.84	1.84		-	-		1.84	1.84