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Dealings in Securities by a Director

Published: 2023-07-05 13:25:30 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
                                  (“Afine” or “the Company”)


                           DEALINGS IN SECURITIES BY A DIRECTOR


In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited,
shareholders are advised that Mr JT Loubser, a director of the Company, has traded
shares in Afine as follows:

Name of director:                   JT Loubser
Date of transaction:                4 July 2023
Name of company:                    Afine
Number of securities:               384 shares plus 0.6154 acquired via fractional share
                                    rights through Easy Equities
Class of securities:                Ordinary shares
Nature of transaction:              Purchase
Price per share:                    R3.90
Value of transaction:               R1 501.50
Nature of interest:                 Direct
Extent of interest:                 0.00%
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
5 July 2023


                                  Designated Advisor
                          AcaciaCap Advisors Proprietary Limited