GROWTHPOINT PROPERTIES LIMITED (Incorporated with limited liability in the Republic of South Africa under registration number 1987/004988/06) (Bond issuer code: GRTI) (“Growthpoint” or the “company”) Voluntary update - Moody’s Investor Service (“Moody’s”) and FitchRatings annual rating updates On 27 April 2023, Moody’s Investor Services (“Moody’s”) affirmed Growthpoint Properties Limited corporate family rating (“CFR”) of Ba2, with a stable outlook. Moody’s has advised the rating is supported by: 1. Strong market position as the largest primary listed real estate investment trust (REIT) in South Africa; 2. Sizable, very good-quality, and diversified property portfolio; 3. Geographical diversification with exposure to Australia (Aaa stable), Central and Eastern Europe, and the United Kingdom (Aa3 negative); and 4. Good liquidity risk management with a track record of addressing debt maturities well ahead of time. Noteholders are referred to Moody’s credit opinion (Growthpoint Properties Limited: Update to credit analysis) for any further information, available at www.moodys.com. On 6 April 2023, Fitchratings (Fitch) affirmed Growthpoint Properties Limited’s Long-Term Foreign-Currency Issuer Default Rating (“IDR”) at BB+ with a stable outlook. Noteholders are referred to the press release by FitchRatings (Fitch Affirms Growthpoint at 'BB+'; Outlook Stable) for any further information, available at www.fitchratings.com. 16 May 2023 Debt Sponsor Absa Bank Limited (acting through its Corporate and Investment Bank division)