TR-1: Standard form for notification of major holdings RAVEN PROPERTY GROUP LIMITED Incorporated in Guernsey Company number 43371 LSE share code: RAV JSE share code: RAV ISIN: GB00B0D5V538 ("Raven" or the "Company") TR-1: STANDARD FORM FOR NOTIFICATION OF MAJOR HOLDINGS NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i 1a. Identity of the issuer or the underlying issuer of Raven Property Group Limited existing shares to which voting rights are attached ii: 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer X 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify) iii: 3. Details of person subject to the notification obligation iv Name Quilter PLC City and country of registered office (if applicable) London, UK 4. Full name of shareholder(s) (if different from 3.)v Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or 06/05/2021 reached vi: 6. Date on which issuer notified (DD/MM/YYYY): 07/05/2021 7. Total positions of person(s) subject to the notification obligation % of voting rights % of voting rights through financial Total of both in % (8.A Total number of voting attached to shares (total instruments + 8.B) rights of issuer vii of 8. A) (total of 8.B 1 + 8.B 2) Resulting situation on the date on which threshold was crossed or reached 22.72% 0.00% 22.72% 585,353,766 Position of previous notification (if 16.69% 0.00% 16.69% applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii A: Voting rights attached to shares Class/type of Number of voting rights ix % of voting rights shares ISIN code (if possible) Direct Indirect Direct Indirect (Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.2.1) 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.2.1) GB00B0D5V538 133,050,507 22.72% SUBTOTAL 8. A 133,050,507 22.72% B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) Number of voting rights Type of financial Expiration Exercise/ that may be acquired if the instrument date x Conversion Period xi instrument is % of voting rights exercised/converted. SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Type of financial Expiration Exercise/ Physical or cash Number of instrument date x Conversion settlement xii voting rights % of voting rights Period xi SUBTOTAL 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv (please add additional rows as necessary) X % of voting rights Name xv % of voting rights if it through financial Total of both if it equals or equals or is higher than instruments if it equals or is higher than the notifiable the notifiable threshold is higher than the threshold notifiable threshold Quilter Plc Quilter Investors Limited 22.70% 0.00% 22.70% Quilter Plc Quilter International Isle of Man Limited 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information xvi Place of completion London, UK Date of completion 07/05/2021 10 May 2021 Sponsor Java Capital Date: 10-05-2021 09:00:00 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.