Texton Property Fund Limited (JSE:TEX) News - Cancelation of Loop Street and Foretrust Sales Agreement TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE (Incorporated in the Republic of South Africa) (Registration number 2005/019302/06) JSE share code: TEX ISIN: ZAE000190542 (“Texton” or the “Company”) CANCELATION OF LOOP STREET AND FORETRUST SALES AGREEMENT Shareholders are referred to the announcement released on SENS on 14 April 2022, wherein the Company announced the extension of the sales agreement for the sale of the Foretrust and Loop Street properties from 12 April 2022 to 30 June 2022. This extension was granted to allow the purchaser, Stonehill Property Group Limited (“Stonehill”), additional time to fulfil the conditional precedents due to the complex nature of the transaction. The Board or Directors of Texton would like to inform shareholders that Stonehill was not able to fulfil the conditions precedents. As such, Shareholders are informed that the sales agreement has lapsed. 4 July 2022 Sandton Corporate Advisor and Sponsor Investec Bank Limited Date: 04-07-2022 05:15:00 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.