DIPULA INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/013963/06) JSE share code: DIB ISIN: ZAE000203394 (Approved as a REIT by the JSE) (“Dipula” or “the Company”) DEALINGS IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by a director and an associate of a director of Dipula: Name of director: Ridwaan Asmal Transaction date: 25 January 2023 Class of securities: Dipula ordinary shares Number of securities: 1 Price per security: R4.07 Total value: R4.07 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to trade: Yes Name of director: Ridwaan Asmal Transaction date: 26 January 2023 Class of securities: Dipula ordinary shares Number of securities: 49 999 Price per security: R4.15 Total value: R207 495.85 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to trade: Yes Name of associate: QVEST Holdings Proprietary Limited (“QVEST”) Name of director and relationship to director: Izak Petersen, who is the sole shareholder of QVEST Transaction date: 25 January 2023 Class of securities: Dipula ordinary shares Number of securities: 337 953 Price per security: R4.2679 Total value: R1 442 349.61 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to trade: Yes 26 January 2023 Sponsor Java Capital