EQUITES PROPERTY FUND LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration number 2013/080877/06)
 JSE share code: EQU ISIN: ZAE000188843
 JSE alpha code: EQUI
 (Approved as a REIT by the JSE)
 (“Equites” or “the company”)


DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY


Shareholders and noteholders are advised of the following information relating to the acceptance of conditional
awards of Equites shares by directors, granted in terms of the rules of the company’s approved Conditional Share
Plan (“CSP”), on the basis set out below:

 Name of director:                                       Andrea Taverna-Turisan
 Transaction date:                                       26 February 2026
 Class of securities:                                    Ordinary shares
 Number of securities:                                   291 185
 Weighted average price per security:                    R18.68887 (being the 5-day volume weighted average
                                                         traded price on the JSE as at 25 February 2026)
 Total value:                                            R5 441 918.61
 Nature of transaction:                                  Off-market grant and acceptance of conditional awards
                                                         in terms of the CSP
 Vesting period:                                         3 years, 3 months and 2 days from date of acceptance
 Nature and extent of director’s interest:               Direct beneficial
 Clearance to deal received:                             Yes

 Name of director:                                       Riaan Gous
 Transaction date:                                       26 February 2026
 Class of securities:                                    Ordinary shares
 Number of securities:                                   209 531
 Weighted average price per security:                    R18.68887 (being the 5-day volume weighted average
                                                         traded price on the JSE as at 25 February 2026)
 Total value:                                            R3 915 897.62
 Nature of transaction:                                  Off-market grant and acceptance of conditional awards
                                                         in terms of the CSP
 Vesting period:                                         3 years, 3 months and 2 days from date of acceptance
 Nature and extent of director’s interest:               Direct beneficial
 Clearance to deal received:                             Yes

 Name of director:                                       Laila Razack
 Transaction date:                                       26 February 2026
 Class of securities:                                    Ordinary shares
 Number of securities:                                   170 259
 Weighted average price per security:                    R18.68887 (being the 5-day volume weighted average
                                                         traded price on the JSE as at 24 February 2024)
 Total value:                                            R3 181 948.32
 Nature of transaction:                                  Off-market grant and acceptance of conditional awards
                                                         in terms of the CSP
 Vesting period:                                         3 years, 3 months and 2 days from date of acceptance
 Nature and extent of director’s interest:               Direct beneficial
 Clearance to deal received:                             Yes
27 February 2026


Sponsor

Java Capital


Debt Sponsor

Nedbank Corporate and Investment Banking,
(a division of Nedbank Limited)