REG-Irish Residential Properties REIT plc Appointment and Retirement of Non-Executive Directors

Irish Residential Properties REITAnnouncement

26/03/2026 07:02

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Irish Residential Properties REIT plc (IRES)
Appointment and Retirement of Non-Executive Directors

26-March-2026 / 07:00 GMT/BST

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26 March 2026

                              Irish Residential Properties REIT plc

                      Appointment and Retirement of Non-Executive Directors

Irish Residential Properties REIT  plc (“the Company” or  “I-RES”), Ireland’s largest provider  of
private rental accommodation, is  pleased to announce  the appointment of Mr  Gary Britton and  Ms
Shruthi Chindalur as Independent  Non-Executive Directors of the  Company. The appointment of  Mr.
Britton and Ms Chindalur follows a formal selection process conducted by the Nomination  Committee
and using external  consultants and will  take effect from  the conclusion of  the Annual  General
Meeting on 28 May 2026 (the “2026 AGM”)(subject to shareholder approval at that meeting).

The Company also announces that  Ms. Joan Garahy has informed  the Company that, having  completed
her nine year term, she will not seek re-election and will retire from her roles as  Non-Executive
Director, Senior Independent Director and Chair of the Remuneration Committee at the conclusion of
the 2026 AGM.

The Company also announces  that Mr. Richard  Nesbitt, a Non-Executive  Director has informed  the
Company that that he does not intend to seek re-election at the 2026 AGM.

As previously announced Ms Amy Freedman will not stand for re-election at the 2026 AGM.

Senior Independent Director Appointment & Remuneration Committee Chair

The Board has approved the appointment of Mr. Tom Kavanagh, who has served on the Board since
2018, as Senior Independent Director and Ms Denise Turner, who has been a member of the
Remuneration Committee since her appointment in 2023, as Chair of that Committee.  Each of these
appointments will take effect from the conclusion of the 2026 AGM.

Hugh Scott-Barrett, Chairman of I-RES commented on the Board changes:

“Joan has been a valued member of the Board since 2017.  I would like to take this opportunity  to
express my gratitude to Joan for her outstanding contribution and leadership on the Board.  Joan’s
experience and  guidance have  been invaluable  in guiding  the Board  through significant  change
during her tenure. 

I would like to thank  Richard and Amy not  only for the very  constructive way they have  engaged
with the rest  of the  board but  also the  significant contribution  they have  made since  their
appointment in 2024,  in particular  their involvement  in the Strategic  Review in  2024 and  the
refinancing in 2025.

I am pleased to  announce the appointments of  Gary and Shruthi to  the Board. Gary brings  strong
commercial insight  and extensive  governance expertise  that will  contribute to  continuity  and
strengthen the Board’s existing capabilities. Shruthi's technology and AI expertise, combined with
her  Board  experience   spanning  regulated,   listed,  private   equity–backed  and   charitable
organisations, will complement and enhance the skills already present on the Board.”

Gary Britton biography

Mr Britton, a Chartered Accountant, was a partner  in KPMG and Head of the firm’s audit  practice.
He brings extensive commercial  and governance experience to  the Board having held  non-executive
director roles in KBC Bank Ireland  plc, The Irish Stock Exchange  plc, Cairn Homes plc and,  most
recently as  Chair of  Origin Enterprises.  His  roles included  Board Chair,  Senior  Independent
Director, Audit  and  Risk  Committee  Chair,  Nominations  and  Governance  Committee  Chair  and
Remuneration Committee member.

Shruthi Chindalur biography

Ms Chindalur is an established Non-Executive Director with experience spanning regulated,  listed,
private equity–backed and charitable organisations.  Throughout her executive career, she  focused
on leadership roles at  major multinationals such  as LinkedIn, Oracle  and Criteo, a  founder-led
AI-based digital  advertising  company.   Resident  in  Ireland,  Ms.  Chindalur  currently  holds
directorship roles with three  LSE listed companies, Pinewood  Technologies Plc, Kainos Group  Plc
and Bytes Technology Group Plc.

Regulatory Disclosures:

Mr. Britton has held directorship roles on Cairn Homes Plc and Origin Enterprises Plc in the past
five (5) years.

Ms. Chindalur currently holds directorship roles with Pinewood Technologies Plc, Kainos Group Plc
and Bytes Technology Group Plc.

This announcement is  made in accordance  with Rule 6.1.5  of the Euronext  Dublin Listing  Rules.
I-RES confirms that, save as disclosed herein, there are no other matters requiring disclosure  in
relation to Rule 6.1.7 of the Euronext Dublin Listing Rules.

 

END

 

 

For further information please contact:

 

Investor Relations:

Eddie Byrne, Chief Executive Officer                                                          Tel:
+353 (1) 5570974

Email: investors@iresreit.ie

Media enquiries:

Cathal Barry,
Drury                                                                                         Tel:
+353 (0) 87 227 9281

Gavin McLoughlin,
Drury                                                                             Tel: +353 (0) 86
035 3749

Email: iresreit@drury.ie

 

About Irish Residential Properties REIT plc

Irish Residential Properties REIT plc (“IRES”) is a Real Estate Investment Trust providing quality
professionally managed homes in sustainable communities  in Ireland. IRES aims to be the  provider
of choice for the Irish living sector, known for excellent service and for operating  responsibly,
minimising its  environmental  impact, and  maximising  its  contribution to  the  community.  The
Company's shares are listed on Euronext Dublin. Further information at  1 www.iresreit.ie.

 

 

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Dissemination of a Regulatory Announcement, transmitted by  2 EQS Group.
The issuer is solely responsible for the content of this announcement.

View original content:  3 EQS News

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   ISIN:          IE00BJ34P519
   Category Code: BOA
   TIDM:          IRES
   LEI Code:      635400EOPACLULRENY18
   Sequence No.:  422166
   EQS News ID:   2298046


    
   End of Announcement EQS News Service

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