EQUITES PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/080877/06) Share code: EQU ISIN: ZAE000188843 JSE alpha code: EQUI (Approved as a REIT by the JSE) (“Equites” or the “Company”) DEALINGS IN SECURITIES BY A DIRECTOR AND BY ASSOCIATES OF A DIRECTOR OF THE COMPANY REGARDING AN AMENDMENT TO EXISTING FINANCE ARRANGEMENTS Shareholders and noteholders are advised that on 31 August 2022 GRG Investments Proprietary Limited (“GRG Investments”) agreed terms to amend the existing R18 000 000 three-year loan and related security agreement (the “Amendment”) concluded with Investec Bank Limited, as detailed in the announcement released on 8 December 2021. In terms of the Amendment, an additional 225 000 Equites shares at a price of R18.53 per share for a total value of R4 169 250 have been pledged as security, following which the pledge and cession arrangement has been revised as follows: GRG Investments - 2 020 648 Equites shares; Riaan Gous - 110 000 Equites shares; and Nicola Gous - 300 000 Equites shares. The above transaction constitutes a dealing in securities by a director and by associates of a director (as Riaan Gous is a director and sole shareholder of GRG Investments and Nicola Gous is the wife of Riaan Gous). The transaction was conducted off-market and clearance was obtained. 31 August 2022 Sponsor Java Capital Debt Sponsor