On January 24, 2024, Irish Residential Properties REIT announced that its recently announced strategic review will be conducted in all of its shareholders' interests, the Company also said that it has delivered strong operational management of a high-quality portfolio, adding that it has confidence in the quality and value of its assets, it has been pro-active in its efforts to address the valuation discount experienced by the Company and the wider European real estate sector, the Company said its board has a proven balance of real estate, public listed and local and international experience, and noted that it was recently refreshed with the addition of 3 new independent directors since 2021. In addition, the Company stated that its board continues to recommend shareholders vote against all resolutions proposed by Vision at the forthcoming extraordinary general meeting scheduled to be held on February 16, 2024, the Company reiterates that it will review all value maximization options with an independent, skilled board in the interests of all shareholders.