Lighthouse Capital Limited (JSE:LTE) News - Business update LIGHTHOUSE CAPITAL LIMITED (Incorporated in the Republic of Mauritius on 14 August 2014) (Registration number: C124756 C1/GBL) JSE share code: LTE ISIN: MU0461N00015 LEI: 569300UG27SWRFOX2U62 ("Lighthouse" or the "Company") BUSINESS UPDATE Following on from Lighthouse's recent successful acquisition of a 75% share in a portfolio of four French retail assets, shareholders are advised that the Company has agreed terms and has entered into an exclusivity agreement with regard to the potential acquisition of a dominant shopping mall in Spain. The potential acquisition is subject to the conclusion of a successful due diligence, as well as approval from the existing financiers of the target for an effective change in ownership. Further details will follow subsequent to the conclusion of the due diligence. Shareholders are further advised that Lighthouse's insurers have approved the maximum business interruption insurance claim in terms of the Company’s insurance policies with regard to COVID-19 lockdowns during 2020. The final net settlement amount is expected to be circa EUR 950,000. The insurance settlement has not previously been accrued for in Lighthouse's results. In line with broad market practice, with effect from 2021, Lighthouse's renewed insurance policies no longer cover business interruption resulting from infectious disease. 10 December 2021 JSE sponsor Company Secretary Java Capital International Trust Ltd Tel: +27 78 456 9999 Tel: +230 403 800 Date: 10-12-2021 10:50:00 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.