FORTRESS REIT LIMITED - Changes to the board of directors and change in function of director

Changes to the board of directors and change in function of director

FORTRESS REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes:   FFA ISIN: ZAE000248498
                   FFB ISIN: ZAE000248506
Bond Company code: FORI
(Approved as a REIT by the JSE)
(“Fortress”)


CHANGES TO THE BOARD OF DIRECTORS AND CHANGE IN FUNCTION OF DIRECTOR


Shareholders are advised that Banus van der Walt has resigned as an independent non-executive director of
Fortress with effect from 31 December 2019. The board of directors of Fortress expresses its appreciation
for Banus’ valuable contribution over the years and wishes him well with his future endeavours. Effective
immediately, Jan Potgieter replaces Banus as chairperson of the investment committee.

Shareholders are further advised that Ina Lopion has been appointed as an independent non-executive
director of Fortress with effect from 1 January 2020.

Ina has a BSc degree from Stellenbosch University and qualifications in executive leadership. She has an 
in-depth knowledge of the South African property market, gained over more than 28 years in the industry. She
plays an active role in industry leadership and was a director of the South African Council of Shopping
Centres. Ina was previously an executive director of Vukile Property Fund Limited and held various
positions at Sanlam Properties and Gensec Property Services.

3 December 2019


Lead sponsor
Java Capital
 
Joint sponsor
Nedbank Corporate and Investment Banking

Date: 03-12-2019 04:55:00
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