Appointment of independent non-executive director Atlantic Leaf Properties Limited (Incorporated in Jersey) (Registration Number: 128426) SEM share code: ALPL.N0000 JSE share code: ALP ISIN: MU0422N00009 www.atlanticleaf.mu ("Atlantic Leaf" or the "Company") APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR Shareholders are advised that on 9 July 2019, Atlantic Leaf’s Board of Directors ("the Board") appointed Mr Charles Butler as an independent non-executive director with immediate effect. Mr Butler is a co-founder and partner at Belerion Capital Group Limited, a United Kingdom (“UK”) firm providing investment advice with a focus on the e-commerce and technology sectors. He is also currently the non-executive Chairman of Highcroft Investments Limited, non-executive director of MySale Group Plc and Essensys Plc and is a member of the Institute of Chartered Accountants in England and Wales. Mr Butler was the Chief Executive Officer of Market Tech Holdings Limited ("Market Tech"), a large UK-listed property and digital technology group, until January 2018. Having led Market Tech to a successful listing on the AIM market of the London Stock Exchange, he subsequently went on to raise over GBP1 billion in equity and debt for Market Tech. Prior to joining Market Tech, Mr Butler was the Group Chief Executive of Netplay TV, an AIM listed UK interactive TV gaming company, where he led a significant turnaround of the business. Mr Peter Bacon, Chairman of Atlantic Leaf, commented "We are very pleased to have someone with Charles’ background and skills joining the Board. With Charles being based in London, this further strengthens our UK presence, particularly now that we are a UK REIT". The members of the Board are of the view that Mr Butler’s experience and skills will add substantial value to the Board. Atlantic Leaf welcomes Mr Butler to the Board and looks forward to his contribution to the Company. Atlantic Leaf has a primary listing on the Main Board of the JSE and a secondary listing on the Official Market of the SEM. By order of the Board 10 July 2019 For further information please contact: JSE sponsor Java Capital +27 11 722 3050 Company secretary Ocorian Secretaries (Jersey) Limited +44 1534 507000 SEM authorised representative and sponsor Perigeum Capital Ltd +230 402 0890 This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 15.24 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board of Atlantic Leaf accepts full responsibility for the accuracy of the information contained in this announcement. Date: 10/07/2019 01:00:00 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.