EQUITES PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/080877/06) Share code: EQU ISIN: ZAE000188843 (Approved as a REIT by the JSE) (“Equites” or the “Company”) DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY REGARDING AN AMENDMENT TO EXISTING FINANCE ARRANGEMENTS Shareholders are advised that on 20 June 2023 GRG Investments Proprietary Limited (“GRG Investments”) agreed terms to amend the existing R18 000 000 three-year loan (the “Loan”) concluded with Investec Bank Limited (as detailed in the announcement released on 8 December 2021) by the reduction of the Loan to R15 799 647.51 (the “Amendment”). The security agreement related to the Loan remains unchanged and 3 059 876 Equites shares have been pledged as security. As Riaan Gous is a director and sole shareholder of GRG Investments, the Amendment constitutes a dealing in securities by an associate of a director. The transaction was conducted off-market and clearance was obtained. 20 June 2023 Sponsor Java Capital