FAIRVEST LIMITED - Change in nature of indirect shareholding

Change in nature of indirect shareholding

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")

CHANGE IN NATURE OF INDIRECT SHAREHOLDING


Shareholders are referred to the dealings in securities announcement published on 3 May 2018 by Fairvest
Property Holdings Limited ("Fairvest Property Holdings") relating to the conclusion of an agreement to
acquire exposure to the economic benefit and risk pertaining to 3 000 000 Fairvest Property Holdings shares
by DM Wilder, for a total value of R6.6 million at R2.20 per share.

Shareholders are advised that on 12 December 2025, the agreement was terminated and settled at the initial
cost of R6.6 million following which 1 621 620 Fairvest B shares were transferred to the Wilder Family Trust
(of which DM Wilder is a trustee and beneficiary) at a deemed price of R4.07 per Fairvest B share.*

Following the transaction, DM Wilder's interest in the Fairvest B shares remains an indirect beneficial interest.
The transaction was conducted off-market and clearance to deal was obtained.

*Adjusted number and price of Fairvest B shares following the merger between Fairvest Property Holdings
and Arrowhead Properties Limited in January 2022 at a conversion ratio of 1 Fairvest Property Holdings share
to 0.54054 Arrowhead B share.

17 December 2025

Sponsor
Java Capital
Date: 17-12-2025 08:15:00
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