Liberty Two Degrees : Notice of Virtual Annual General Meeting, B-BBEE Annual Compliance Report and No Change Statement

LIBERTY TWO DEGREES LIMITED Incorporated in the Republic of South Africa

(Registration number 2018/388906/06)

(Approved as a REIT by the JSE) Share code: L2D ISIN: ZAE000260576

("L2D" or "the Company")

NOTICE OF VIRTUAL ANNUAL GENERAL MEETING, B-BBEE ANNUAL COMPLIANCE

REPORT AND NO CHANGE STATEMENT

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the virtual Annual General Meeting of shareholders of L2D ("AGM") will be held at 12:00 on Wednesday, 25 May 2022 to consider and, if deemed fit, to pass with or without modification, the business stated in the notice of the AGM ("Notice").

The Notice of AGM and proxy form will be distributed electronically to shareholders today, 29 April 2022, and are also available on the Company's website,www.liberty2degrees.co.za.

The salient information pertaining to the AGM is set out below:

Issuer name	Liberty Two Degrees Limited
Type of instrument	Ordinary shares
ISIN number	ZAE000260576
JSE code	L2D
Meeting type	Annual General Meeting
Meeting venue	Virtual
Record date - To determine which shareholders are entitled to receive the Notice	Friday, 22 April 2022
Publication/Electronic distribution date	Friday, 29 April 2022
Last day to trade - Last day to trade to determine eligible shareholders that may attend, speak and vote at the AGM	Tuesday, 17 May 2022
Record date - Record date to determine eligible shareholders that may attend, speak and vote at the AGM	Friday, 20 May 2022
Meeting deadline date - (for administrative purposes), forms of proxy for the AGM to be lodged	12:00 on Tuesday, 24 May 2022
Virtual AGM date	12:00 on Wednesday, 25 May 2022
Publication of results of AGM	Wednesday, 25 May 2022
Website link	www.liberty2degrees.co.za

AVAILABILITY OF B-BBEE ANNUAL COMPLIANCE REPORT

Shareholders are further advised that the Company's annual compliance report in terms of Section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act No. 46 of 2013, is available on the Company's website,https://www.liberty2degrees.co.za/wp-content/uploads/2022/03/Certificate-Liberty-Two-Degrees-BDO12186-290322.pdf

NO CHANGE STATEMENT

Shareholders are advised that the Integrated Annual Report for the year ended 31 December 2021 ("IAR"), together with the Environmental, Social and Governance Report, will be distributed to shareholders electronically today, 29 April 2022, and are also available on the Company's website,www.liberty2degrees.co.za.The IAR contains no modifications to the summarised consolidated results for the year ended 31 December 2021 published on SENS on 28 February 2022.

Johannesburg 29 April 2022

Sponsor Merchantec Capital

Investor Relations Sumenthree Moodley

Contact number: 011 358 9171