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” “IPF” or “the Fund”) AVAILABILITY OF SHAREHOLDER UPDATE PRESENTATION Unless otherwise defined, capitalised terms bear the same meanings to that in the announcement (the “Announcement”) published on SENS on 1 March 2023. Shareholders are referred to the Announcement and are advised that an IPF Shareholder update presentation addressing key questions relating to the Transactions raised by stakeholders is available on the Fund’s website https://www.investecpropertyfund.com/en_za/investor-relations/digital- content.html#digital Johannesburg 15 March 2023 Financial Advisor and Sponsor in respect of the Manco Internalisation and Property Disposals Merrill Lynch South Africa Proprietary Limited t/a BofA Securities Financial Advisor to Investec Bank Limited in respect of the Manco Internalisation and Property Disposals Investec Bank Limited Financial Advisor and Sponsor in respect of the PEL Acquisition Investec Bank Limited Financial advisor and sponsor in respect of the Irongate JV Investec Bank Limited Legal Advisor to IPF Cliffe Dekker Hofmeyr Inc. Independent Expert to IPF BDO Corporate Finance Proprietary Limited Competition Law Advisor Vani Chetty Competition Law Proprietary Limited