PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Proposed amalgamation of the RWDVF with the RWAGP and conversion of RWAGP to a fully disclosed AMETF

Proposed amalgamation of the RWDVF with the RWAGP and conversion of RWAGP to a fully disclosed AMETF

Prescient Management Company (RF) (Pty) Ltd
(Registration number 2002/022560/07)
("Prescient" or "the Manager")
(Being the manager of the Prescient ETF Scheme)

Reitway Global Property Actively Managed Prescient ETF
(a portfolio under the Prescient ETF Scheme registered in the Republic of South Africa in terms of the Collective
Investment Schemes Control Act, 45 of 2002)
Long Name: RW Actively Managed ETF
Short Name: RWGPAMETF
Share Code: RWAGP
ISIN: ZAE000325510

PROPOSED AMALGAMATION OF THE REITWAY GLOBAL PROPERTY DIVERSIFIED PRESCIENT ETF
('RWDVF") WITH THE REITWAY GLOBAL PROPERTY PRESCIENT ACTIVELY MANAGED ETF ("RWAGP")
AND THE CONVERSION OF RWAGP TO A FULLY DISCLOSED PORTFOLIO ACTIVELY MANAGED ETF

Reitway Global (Pty) Ltd, the Investment Manager of the RWDVF and the RWAGP has requested the Manager to
ballot investors in the RWDVF portfolio ("the Source Portfolio") to obtain their approval for the amalgamation with the
RWAGP portfolio.

Investors are referred to the SENS announcements released on the 24th of July 2026 in respect of the ballot procedure
for investors in the RWDVF Portfolio. Should this ballot be successful, amalgamating the portfolios will create a
streamlined structure, resulting in a single, larger and more efficient portfolio. This integration will eliminate duplicated
administrative, compliance, and operational processes, delivering cost efficiencies that ultimately benefit investors.

There is no change to the investment strategy, risk profile, management team or investment process. The
amalgamation is not as a result of performance or closure concerns but rather a proactive structural improvement.
Investors will continue to benefit from the same investment approach within a more efficient and scalable portfolio.


Lastly, investors should not be negatively impacted during the transition period as the investors in the RWDVF
portfolio will be transferred to the RWAGP portfolio on close of business day of 21st of October 2026 and immediately
proceed to be business as usual on the 1st working day thereafter. The portfolios will be managed with the same
care and diligence as in the past.

A separate announcement will be made regarding the income distribution to holders of RWAGP and RWDVF, for the
period ending the 30th of September 2026. The above dates and times are subject to amendment at the discretion
of the Manager, subject to the approval of the JSE, if required. Any such amendment will be published on SENS.


Should you require further information on the proposed change as set out in this announcement please contact.
Greg Rawlins, CEO of Reitway Global (Pty) Ltd on email: gregr@reitwayglobal.com.

Cape Town
24 July 2026


Listing Advisor
Prescient Capital Markets (Pty) Ltd

Date: 24-07-2026 03:42:00
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.