COVID-19 update EPP N.V. (Incorporated in The Netherlands) (Company number 64965945) JSE share code: EPP ISIN: NL0011983374 LEI Code: 7245003P7O9N5BN8C098 (“EPP” or “the company”) COVID-19 UPDATE Shareholders are advised that in response to the growing number of COVID-19 infections in Poland and Europe, in particular the higher number of cases requiring hospital treatment, the Polish government has announced additional restrictions including the partial limitation of shopping centre operations from 20 March 2021 to 9 April 2021. As a result, the operations of all Polish shopping centres will be temporarily limited for the period of three weeks. Based on the governmental announcement, essential stores will be allowed to continue trading. Assuming that the same categories as in previous lockdown will be included in essential stores, they constitute approximately 30% of EPP’s retail portfolio by GLA. Other businesses such as non-essential retail, cinemas, theatres, sport facilities and hotels will be required to suspend their operations. The proposed regulations are intended to slow down the pace of new infections by limiting people’s mobility, reducing social contact and encouraging Poles to stay home. Importantly, Poland’s vaccination programme is advancing well. Almost 4.9 million coronavirus vaccines have been administered as of today. That is equivalent to 13 doses per 100 people (compared to the EU-wide average of 11.3 as at 14 March 2021). It is expected that Poland will further increase its vaccination rate, thereby reaching the required minimum herd immunity faster. We believe that these measures, together with Poland’s vaccination programme, will allow Poland to quickly reduce the number of new infections and lift the introduced limitations. As evidenced in EPP’s most recent annual results, the company’s liquidity position remains stable with no debt maturities in the next 12 months and sufficient access to cash resources. The company will continue to monitor the situation and communicate updates to the market. 19 March 2021 JSE Sponsor Java Capital Luxembourg Stock Exchange Listing Agent Harneys Luxembourg For more information: Curwin Rittles, Investor Relations, EPP Mobile: +48 885 982 310 Curwin.rittles@epp-poland.com Java Capital, JSE Sponsor Phone: +27 11 722 3050 Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent Phone: +352 27 86 71 02 Singular Systems IR Michèle Mackey +27 (0)10 003 0700/+27 (0)82 497 9827 michele@singular.co.za Date: 19-03-2021 05:30:00 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.