Listing of aReit Prop on the Main Board of the JSE Limited (“the JSE”) AREIT PROP LIMITED Approved as a REIT (Incorporated in the Republic of South Africa) (Registration number 2021/837953/06) (“aReit Prop” or “the Company”) ISIN Code: ZAE000306585 | JSE Code: APO LISTING OF AREIT PROP ON THE MAIN BOARD OF THE JSE LIMITED (“THE JSE”) Investors are referred to the announcement released on SENS on 10 February 2022. The Company is pleased to advise that will be listing as a REIT on the Main Board of the JSE on Tuesday, 1 March 2022. Shareholders are also advised that the audit for the year ended 31 December 2021 is nearing completion and a separate announcement of the results will be made on SENS. The audited financial statements are similar to the pro forma financial effects as presented in the prospectus issued on 11 January 2022 and reflect the acquisition of the leasehold properties only, as the acquisition of the tenant leases was with effect from 1 January 2022. Rental collections commenced on 2 January 2022. Shareholders are also advised that the Board has agreed a dividend policy of paying quarterly dividends. It is expected that the first dividend will be declared in April 2022. BY ORDER OF THE BOARD Cape Town 25 February 2022 Sponsor AcaciaCap Advisors Date: 25-02-2022 05:26:00 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.