FAIRVEST LIMITED - Accelerated book build

Accelerated book build

FAIRVEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code: FTA ISIN: ZAE000304788
JSE share code: FTB ISIN: ZAE000304796
LEI: 378900E93AFC4D1CAD45
(Granted REIT status with the JSE)
("Fairvest" or the "Company")


ACCELERATED BOOK BUILD


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, 
JAPAN OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO

Fairvest proposes to issue new Fairvest B shares to raise capital of approximately R400 million (the "capital
raise"), subject to pricing and applicable share issuance authorities.

The capital raise will be by book build managed by Java Capital as bookrunner. Participation will be by
invitation from Java Capital, which will provide invitees with the terms and conditions of participation. Any
agreements reached with participants will be subject to the approval of Fairvest in its discretion.

The book build is now open and the Company reserves the right to close it at any time.

In accordance with Fairvest's general authority to issue shares for cash, related parties may participate
provided they do so at the price at which the book closes (subject to their maximum bid price). Fairvest will
allocate shares to participants on a basis that Fairvest in its discretion considers equitable, which will consider
factors including existing shareholdings in Fairvest, pricing and sizing of bids, receipt of early submissions of
commitments and due process.

New shares, when issued, will be credited as fully paid and will rank pari passu in all respects with existing
shares.

Java Capital contact details:
 
Andrew Brooking                          Thys de Beer
Fairvest@javacapital.co.za               Fairvest@javacapital.co.za
Tel: (083) 642 0113                      Tel: (083) 351 7683

25 August 2025


Bookrunner and sponsor
Java Capital


The capital raise is not an offer to the public as contemplated under the South African Companies Act, No.71
of 2008 as amended ("Companies Act"), nor an offer of securities in any other jurisdiction. Participation in
the capital raise is reserved for invited investors only and subject to the terms and conditions provided to the
invited investors. Potential investors are only permitted to apply for shares with a minimum total acquisition
cost, per single addressee acting as principal, of greater than or equal to ZAR1 000 000, unless the potential
investor is a person, acting as principal, whose ordinary business, or part of whose ordinary business, is to
deal in securities, whether as principal or agent (in reliance on Section 96(1)(a)(i) and 96(1)(b) of the
Companies Act) or such applicant falls within one of the other specified categories of persons listed in section
96(1) of the Companies Act.

Date: 25-08-2025 08:04:00
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