Balwin Properties Limited (Incorporated in the Republic of South Africa) Registration number 2003/028851/06 Share code: BWN ISIN: ZAE000209532 (“the Company”) TRP121- NOTIFICATION OF CHANGE IN BENEFICIAL INTEREST IN SECURITIES In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended (“Companies Act”), regulation 121(2)(b) of the Companies Act Regulations, 2011 and paragraph 3.83(b) of the Johannesburg Stock Exchange (“JSE”) Listings Requirements, shareholders are advised that Balwin has received formal notification that, following a consolidation of existing holdings, Lord Trust now holds a beneficial interest of 5.57% in the total issued ordinary share capital of the Company. As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the Takeover Regulation Panel. The increase in holdings is due to a consolidation of existing interests and does not arise from the acquisition of additional shares. The board of directors accepts responsibility for the information contained in this announcement, and to the best of their knowledge and belief, that information is true, and this announcement does not omit anything likely to affect the importance of the information included. Corlett Drive 4 April 2025 Sponsor: Investec Bank Limited