Dipula Income Fund Limited A (JSE:DIA) News - Dealings in securities by directors of the Company DIPULA INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/013963/06) JSE share code: DIA ISIN: ZAE000203378 JSE share code: DIB ISIN: ZAE000203394 (Approved as a REIT by the JSE) (“Dipula” or “the Company”) DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY Shareholders are advised of the following information relating to the grant and acceptance of a conditional award of Dipula A and Dipula B ordinary shares by directors of Dipula in terms of the rules of the Company’s approved Conditional Share Plan (“CSP”) on the basis set out below. The award of shares was approved by the board of directors on 21 February 2022. The vesting of the shares is subject to achieving growth in distributable earnings per share on the combined share, relative distributable earnings per share growth on the combined share to peer companies, retention periods and achieving individual key performance indicators. Name of director: Izak Petersen Date of acceptance of award: 21 February 2022 Class of securities: A ordinary shares Number of securities: 326 398 Award price: R9.20 Value of transaction: R3 002 861.60 Class of securities: B ordinary shares Number of securities: 756 388 Award price: R3.97 Value of transaction: R3 002 860.36 Vesting period: 3 years from date of grant Nature of transaction: Off-market grant and acceptance of conditional awards in terms of the CSP Nature and extent of director’s interest: Direct beneficial Clearance to trade: Yes Name of director: Ridwaan Asmal Date of acceptance of award: 21 February 2022 Class of securities: A ordinary shares Number of securities: 150 255 Award price: R9.20 Value of transaction: R1 382 346.00 Class of securities: B ordinary shares Number of securities: 348 198 Award price: R3.97 Value of transaction: R1 382 346.06 Vesting period: 3 years from date of grant Nature of transaction: Off-market grant and acceptance of conditional awards in terms of the CSP Nature and extent of director’s interest: Direct beneficial Clearance to trade: Yes 23 February 2022 Sponsor Java Capital Date: 23-02-2022 12:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.