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")


Results of the Annual General Meeting held on 03 August 2023

Shareholders are advised that at the 2023 Annual General Meeting (AGM) of Investec Property Fund held
by electronic participation on 03 August 2023, all the resolutions set out in the notice and proposed at the
meeting were passed, without modification, by the requisite majority of shareholders.

The resolutions were voted on as follows:

                                                                           % of issued        Number
                                                                          share capital

 Total number of shares present/represented including proxies at            80.00%           640 802 056
 the meeting

                                                               Votes in          Votes
                                                               Favour           Against      Abstentions*

 Ordinary Resolution Number 1 –
 Election of DC Moephuli as a Director                        499 583 809      136 545 500      4 672 747
                                                                  78.53%           21.47%          0.58%

 Ordinary Resolution Number 2 –
 Election of RG Tomlinson as a Director                       537 440 012       98 685 835      4 676 209
                                                                  84.49%           15.51%          0.58%

 Ordinary Resolution Number 3 –
 Re-election of PA Hourquebie as a Director                   491 724 986      144 400 961      4 676 109
                                                                  77.30%           22.70%          0.58%

 Ordinary Resolution Number 4 –
 Re-election of MM Ngoasheng as a Director                    534 825 812      101 303 597      4 672 647
                                                                  84.08%           15.92%          0.58%

 Ordinary Resolution Number 5 –
 Election of CWN Molope as member of Audit and Risk           603 447 566       34 385 054      2 969 436
 Committee                                                        94.61%            5.39%          0.37%

 Ordinary Resolution Number 6 –
 Election of DC Moephuli as member of Audit and Risk          584 804 327       53 028 293      2 969 436
 Committee                                                        91.69%            8.31%          0.37%

 Ordinary Resolution Number 7 –
 Election of RG Tomlinson as member of Audit and Risk         604 046 036       33 784 853      2 971 167
 Committee                                                        94.70%            5.30%          0.37%

 Ordinary Resolution Number 8 –
 Appointment of PricewaterhouseCoopers Inc as external          637 142 644      984 275    2 675 137
 auditors                                                           99.85%        0.15%        0.33%

 Ordinary Resolution Number 9 –
 Directors’ and Company Secretary Authority to take             638 118 126         8 793   2 675 137
 action in respect of the resolutions approved by                     100%         0.00%       0.33%
 shareholders

 Ordinary Resolution Number 10 –
 Specific Authority to Directors to allot and issue shares in   584 797 293    53 329 576   2 675 187
 relation to a Dividend Re-Investment Plan                          91.64%         8.36%       0.33%

 Ordinary Resolution Number 11 –
 Directors’ authority to allot and issue authorised but         441 945 412   195 205 975   3 650 669
 unissued shares                                                    69.36%        30.64%       0.45%

 Special Resolution Number 1 –
 Directors’ authority to allot and issue shares for cash in     561 120 211    76 031 176   3 650 669
 respect of 5% of the shares in issue                               88.07%        11.93%       0.45%

 Special Resolution Number 2 –
 Directors’ general authority to acquire shares                 579 367 452    57 783 935   3 650 669
                                                                    90.93%         9.07%       0.45%

 Special Resolution Number 3 –
 Non-Executive Directors’ remuneration                          517 466 024   119 685 363   3 650 669
                                                                    81.22%        18.78%       0.45%

 Special Resolution Number 4 –
 Financial assistance to subsidiaries and other related and     636 235 233     1 891 636   2 675 187
 inter-related entities                                             99.70%         0.30%       0.33%

* in relation to the total issued share capital

The special resolutions, to the extent required, will be submitted for filing with the Companies and
Intellectual Property Commission in due course.


Investec Property Fund Limited
Johannesburg

03 August 2023

Sponsor: Investec Bank Limited