INDLUPLACE PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/226082/06) JSE share code: ILU ISIN: ZAE000201125 (Approved as a REIT by the JSE) (“Indluplace” or “the Company”) TRADING STATEMENT Shareholders are referred to the operational update released on SENS on 29 September 2022 wherein shareholders were advised that the Company expected the full year distribution per share for the year ended 30 September 2022 (“FY2022”), applying an annual pay-out ratio of 85%, to be between 31 and 32 cents per share, being between 10,2% and 13,8% higher than the distribution of 28,13 cents per share for the year ended 30 September 2021 (“FY2021”). In line with previous guidance, Indluplace reports as follows: FY2022 FY2021 % change (prior comparative period) Distributable income (R) 118 085 393 117 806 099 0.24 Number of Indluplace shares in issue 314 082 990 314 082 990 - − Interim dividend (cents per share) 13.16350 -* 100 − Final dividend (cents per share) 18.79384 28.13096 (33.19) Full year dividend (cents per share) 31.95734 28.13096 13.60 *No dividend was declared for the six months ended 31 March 2021 The financial information contained in this trading statement has not been reported on by the Company’s auditors. Indluplace’s results for FY2022 will be released on 23 November 2022. A virtual presentation will be held at 11h00 on Wednesday, 23 November 2022. For further details contact investorrelations@indluplaceproperties.co.za 22 November 2022 Sponsor Java Capital