Balwin Properties Limited (Incorporated in the Republic of South Africa) Registration number 2003/028851/06 Share code: BWN ISIN: ZAE000209532 (“Balwin” or “the Group” or “the Company”) Resignation of Chief Projects Officer Shareholders are advised that Mr Ulrich Gschnaidtner has resigned as the Chief Projects Officer of Balwin to pursue a new opportunity in Australia. Mr Gschnaidtner will continue in his role until 30 August 2024. Mr Gschnaidtner joined Balwin in 1997 to head up project operations and has been a pivotal member in growing the business over the past 27 years. The board would like to thank Ulrich for his immense contribution over the years and wish him the best for his new endeavours. Corlett Drive 5 February 2024 Sponsor Investec Bank Limited