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Dealings in Securities by an Associate of a Director

Published: 2023-01-17 17:29:33 ET [no company card]
                         AFINE INVESTMENTS LIMITED
                       (Approved as a REIT by the JSE)
               (Incorporated in the Republic of South Africa)
                    Registration number 2020/852422/06
                 JSE share code: ANI    ISIN: ZAE000303947
                        (“the Company” or “Afine”)


             DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements,
shareholders are advised of the following dealings in securities by an Associate of a
Director:

Name of Associate:                   A Loubser (Wife of Mr Anton Loubser – CEO)
Date of transaction:                 17 January 2023
Name of Company:                     Afine
Number of securities:                736 shares plus 0.8421 acquired via
                                     fractional share rights through Easy
                                     Equities
Class of securities:                 Ordinary shares
Nature of transaction:               Purchase
Price per share:                     R4.75
Nature of interest:                  Direct beneficial
Extent of interest:                  0.00%
Value of transaction:                R3 500.00
How traded                           On market
Clearance to deal obtained:          Yes

It is noted that due to the trade being facilitated through Easy Equities, the actual
trade might not reflect on the JSE trading platform.

By order of the Board
Cape Town
17 January 2023

                                Designated Advisor
                        AcaciaCap Advisors Proprietary Limited