SPEAR REIT LIMITED (Incorporated in the Republic of South Africa) (Registration number 2015/407237/06) Share Code: SEA ISIN: ZAE000228995 LEI: 378900F76170CCB33C50 Approved as a REIT by the JSE (“the Company”) BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT (“THE ACT”): ANNUAL COMPLIANCE REPORT In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Limited Listings Requirements, notice is hereby given that the Company’s annual compliance report in terms of section 13G(2) of the Act has been published and is, together with the Company’s latest broad-based black economic empowerment certificate, available on the Company’s website at https://spearprop.co.za/investor-relations/. Cape Town 28 June 2022 Sponsor PSG Capital