Extension granted for posting of Circular and Revised Listing Particulars ARROWHEAD PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/032604/06) JSE share code: AHA ISIN: ZAE000275491 JSE share code: AHB ISIN: ZAE000275509 (Approved as a REIT by the JSE) (Arrowhead) EXTENSION GRANTED FOR POSTING OF CIRCULAR AND REVISED LISTING PARTICULARS Shareholders are referred to the joint firm intention announcement by Arrowhead and Fairvest Property Holdings Limited (Fairvest) on 27 September 2021 (Joint FIA) regarding the proposed acquisition by Arrowhead of Fairvest by way of a scheme of arrangement in terms of section 114 of the Companies Act, No. 71 of 2008, to be proposed by Fairvest to its shareholders (Transaction), and to which Arrowhead will be a party. The Transaction constitutes a category 1 transaction and reverse takeover for Arrowhead in terms of the JSE Listings Requirements, which requires, inter alia, the distribution of a category 1 circular (Circular) and accompanying revised listing particulars (Revised Listing Particulars) to Arrowhead shareholders within 60 days of publication of the Joint FIA, which would be by Friday, 26 November 2021. Arrowhead shareholders are hereby advised that the JSE has granted an extension for the distribution of the Circular and Revised Listing Particulars, and that the Circular and Revised Listing Particulars will be distributed to Arrowhead Shareholders as soon as practicably possible, during the month of December 2021. 22 November 2021 Strategic transaction advisor to Arrowhead Ferryman Capital Partners Joint corporate advisor and transaction sponsor to Arrowhead Nedbank Corporate and Investment Banking, a division of Nedbank Limited Legal advisor to Arrowhead Cliffe Dekker Hofmeyr Incorporated Reporting Accountants BDO South Africa Incorporated Date: 22-11-2021 01:35:00 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.