Your sincerely, Michael Cameron Chief Executive Timeline: • 27 April 2022: Reidvale’s governing body decided that it would be in the best interests of its tenants to seek a partner as the best way to address its serious failings in governance and financial management. • 28 April 2022: Reidvale’s governing body notified SHR of its decision. • From 28 April 2022: through regular engagements with Reidvale SHR stressed the importance of it engaging with tenants on proposals and that it expected Reidvale to carry out effective consultation with tenants. • May 2022: Reidvale’s governing body paused the process to begin the search for a transfer partner in May 2022 to allow it to focus on addressing internal governance issues. • September 2022: Reidvale’s governing body re-commenced the transfer process and to begin the search for a suitable transfer partner • November 2022: Reidvale developed its tenant consultation plan, in which it set out that it planned to conduct informal tenant consultation and stakeholder engagement from April to July 2023, followed by the statutory tenant consultation from August to December 2023. • 9 November 2022: Reidvale issued a survey to all tenants and factored owners seeking their views on the objectives for a potential transfer and tenant priorities for a transfer.