Accelerate Property Fund Limited Management Office 1st Floor Cedar Square Shopping Centre Willow Ave Fourways Johannesburg 2055 Tel: 010 001 0790 Accelerate Property Fund Limited (Incorporated in the Republic of South Africa) (Registration No. 2005/015057/06) Company code: APFE Bond code: APF16 ISIN: ZAG000176967 (Approved as a REIT by the JSE) (“Accelerate” or the “Issuer”) NOTIFICATION OF THE VOTING RESULTS IN RESPECT OF THE REQUEST FOR WRITTEN CONSENT OF THE SECURED NOTEHOLDERS Unless otherwise defined herein, capitalised terms shall have the same meaning as set forth in the Consent Request (as defined below). Secured Noteholders of the APF16 notes (the “APF16 Senior Secured Notes”) are referred to the notice of request for written consent released on SENS on 26 October 2023 (the “Consent Request”), with the deadline date for the submission of votes in respect of the Consent Request being 17h00 on 24 November 2023. The following Extraordinary Resolutions were included in the Consent Request for consideration by the Secured Noteholders: Extraordinary Resolution No. 1: “THAT the Secured Noteholders of the Senior Secured Notes consent to the amendment and restatement of the Additional Terms and Conditions of the amended and restated Applicable Pricing Supplement relating to the Senior Secured Notes (the “Applicable Pricing Supplement”), in terms of which the provisions relating to the redemption in the event of a breach of the financial covenants, as set out in paragraph 2 of Appendix B (Additional Terms and Conditions) in the amended and restated Applicable Pricing Supplement, are amended in accordance with the revisions contained in Annexure B of the Consent Request.” Extraordinary Resolution No. 2: 1 “THAT the Trustee be authorised to enter into any documentation or to take any necessary steps to give effect to the consent specified in Extraordinary Resolution 1." In this regard, the Issuer confirms the voting results from the Consent Request, in relation to the total nominal amount issued by the Issuer under the Senior Secured Notes, were as follows: Stock Code Extraordinary Total nominal Debt securities Debt securities Votes abstained as Votes carried for Votes against the Resolution amount of all debt voted on disclosed voted on disclosed a percentage the resolution as a resolution as a securities as a number as a percentage percentage percentage APF16 1 R134 000 000.00 R 134 000 000.00 100% 0% 100% 0% 2 R134 000 000.00 R 134 000 000.00 100% 0% 100% 0% The resolutions for the Senior Secured Notes have been passed and the effective date of such amendments is the date of approval of the amendments, 24 November 2023. 27 November 2023 Debt sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) 2