INVESTEC PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Reg. No: 2008/011366/06) Approved as a REIT by the JSE Share Code: IPF Bond Code: INV ISIN: ZAE000180915 ("Investec Property Fund" or "the Fund") Early redemption of IPF26 notes The Fund has exercised its call option and will redeem all of the IPF26 Notes in terms of item 34 of the Applicable Pricing Supplement, pursuant to the terms and conditions set out in the Fund’s Domestic Medium Term Note Programme dated 11 November 2015, as follows: JSE Stock Code IPF26 ISIN ZAG000155185 Redemption Amount Principal Amount together with accrued interest Early Redemption Date 23 February 2023 Record Date 20 February 2023 Investec Property Fund Limited Johannesburg 20 February 2023 Sponsor: Investec Bank Limited