VUKILE PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2002/027194/06) JSE share code: VKE NSX share code: VKN ISIN: ZAE000180865 Debt company code: VKEI (Granted REIT status with the JSE) (“Vukile” or “the company”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR Shareholders are referred to the SENS announcement dated 12 May 2020, in which shareholders were advised that Vukile’s black empowerment investor, Encha Properties Equity Investments Proprietary Limited (“Encha Properties”) announced certain amendments to their loan and security arrangements with Investec Bank Limited (“Investec”). Shareholders are further referred to the SENS announcement dated 24 August 2022, in which shareholders were advised that, whilst Encha Properties remains a long-term strategic shareholder in Vukile, it does intend to dispose of 5 500 000 Vukile shares in order to reduce its loan capital balance with Investec, as previously committed to. Prior to the transactions detailed below, Encha Properties has disposed of 2 444 976 Vukile shares out of the intended 5 500 000 shares. Further to the above, shareholders are now advised of the following transactions that have been undertaken by Encha Properties, an associate of Dr Sedise Moseneke, a non-executive director of Vukile: Name of associate: Encha Properties Date of transaction: 15 November2022 Class of securities: Ordinary shares Number of securities: 27 431 Price per security: R14.60 Total value of transaction: R400 492.60 Nature of transaction: On-market sale Clearance to deal received: N/A Name of associate: Encha Properties Date of transaction: 22 November2022 Class of securities: Ordinary shares Number of securities: 223 542 Price per security: R14.60 Total value of transaction: R3 263 713.20 Nature of transaction: On-market sale Clearance to deal received: N/A 23 November 2022 JSE sponsor NSX sponsor Java Capital IJG Securities (Pty) Ltd