EMIRA PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number 2014/130842/06)
JSE share code: EMI     ISIN: ZAE000203063
JSE bond company code: EMII
(Approved as a REIT by the JSE)
(“Emira” or the “Company”)

ACCEPTANCE BY DIRECTORS OF SHARES AWARDED

In compliance with paragraph 3.63 of the Listings Requirements and paragraph 6.42 of the Debt Listings
Requirements of the JSE Limited, the following information is disclosed in respect of the acceptance by
directors of the Company of shares awarded in terms of the Emira Forfeitable Share Plan (“Emira
FSP”):


Name of executive director:            G Jennett
Date of acceptance:                    13 September 2023
Number of shares accepted:             540 827
Issue price:                           Rnil (Free of charge)
Notional value of transaction (based   R 4 245 491.95
on an implied price of R7.85 per
Emira share, being the closing price
on the date immediately preceding
the date of this announcement):
Nature of transaction:                 Off-market acceptance of shares acquired by Emira in the
                                       market and awarded in terms of the Emira FSP, which shares
                                       will vest on the satisfaction of performance conditions as set
                                       out in the Emira FSP
Vesting dates:                         The shares will vest in equal tranches on 15 July 2026, 15
                                       July 2027 and 15 July 2028, respectively
Class of securities:                   Ordinary shares
Type of interest:                      Direct beneficial
Clearance to deal obtained:            Yes


Name of executive director:            G Booyens
Date of acceptance:                    13 September 2023
Number of shares accepted:             307 477
Issue price:                           Rnil (Free of charge)
Notional value of transaction (based   R 2 413 694.45
on an implied price of R7.85 per
Emira share, being the closing price
on the date immediately preceding
the date of this announcement):
Nature of transaction:                 Off-market acceptance of shares acquired by Emira in the
                                       market and awarded in terms of the Emira FSP, which shares
                                       will vest on the satisfaction of performance conditions as set
                                       out in the Emira FSP
Vesting dates:                         The shares will vest in equal tranches on 15 July 2026, 15
                                       July 2027 and 15 July 2028, respectively
Class of securities:                   Ordinary shares
Type of interest:                      Direct beneficial
Clearance to deal obtained:            Yes


Name of executive director:            U van Biljon
Date of acceptance:                    13 September 2023
Number of shares accepted:             311 484
Issue price:                           Rnil (Free of charge)
Notional value of transaction (based   R 2 445 149.40
on an implied price of R7.85 per
Emira share, being the closing price
on the date immediately preceding
the date of this announcement):
Nature of transaction:                 Off-market acceptance of shares acquired by Emira in the
                                       market and awarded in terms of the Emira FSP, which shares
                                       will vest on the satisfaction of performance conditions as set
                                       out in the Emira FSP
Vesting dates:                         The shares will vest in equal tranches on 15 July 2026, 15
                                       July 2027 and 15 July 2028, respectively
Class of securities:                   Ordinary shares
Type of interest:                      Direct beneficial
Clearance to deal obtained:            Yes


Bryanston
13 September 2023




Sponsor
Questco Corporate Advisory Proprietary Limited


Debt Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)