Balwin Properties Limited (Incorporated in the Republic of South Africa) Registration number 2003/028851/06 Share code: BWN ISIN: ZAE000209532 (“Balwin” or “the company” or “the group”) Integrated annual report and notice of annual general meeting and financial assistance in terms of Section 45(5) of Companies Act 71 of 2008 Shareholders are advised that the group's 2023 Integrated Annual Report, containing the audited summarised consolidated financial statements for the year ended 28 February 2023 and the notice of the annual general meeting, is available on the group's website (https://balwin.co.za/balwin-corporate/reports/2023-integrated-annual-report/) from 22 May 2023. Notice is hereby given that the annual general meeting of the company’s ordinary shareholders will be held through electronic participation on Friday, 18 August 2023 at 09h00 (“the AGM”) to transact the business as stated in the AGM notice, forming part of the Integrated Annual Report. The record date to be recorded in the register of Balwin shareholders in order to be able to attend, participate and vote at the AGM is Friday, 11 August 2023. Accordingly, the last date to trade in order to be registered in the Balwin register of shareholders is Monday, 7 August 2023. Further notice is hereby given that, in terms of the provisions of section 45(5)(a) of the Companies Act 71 of 2008 (as amended) ("the Companies Act") and in accordance with the special resolution passed at the annual general meeting of the company held on 19 August 2022, authorising the board of directors ("the Board") to provide direct and indirect financial assistance to related or inter-related companies, the Board has adopted a resolution authorising the company, to provide financial assistance pursuant to a written guarantee agreement with Nedbank Limited (“Nedbank”) to the value of R20 million for the provision of loan facilities to Balwin Rentals (Pty) Ltd (“Balwin Rentals”), a subsidiary of the company. Prior to authorising the aforementioned financial assistance, the Board considered and satisfied itself, in terms of section 45 of the Companies Act, that (i) immediately after providing the financial assistance, the Company would satisfy the solvency and liquidity test as contemplated in section 4 of the Companies Act, (ii) there has been due compliance with the Company's memorandum of incorporation, and (iii) the terms of the financial assistance are fair and reasonable to the Company. Corlett Drive 22 May 2023 Sponsor: Investec Bank Limited