Redefine Properties : Notification in terms of section 45(5) of the Companies Act 71 of 2008

REDEFINE PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/018591/06)

JSE share code: RDF ISIN: ZAE000190252

Debt company code: BIRDF (Approved as a REIT by the JSE) ("Redefine" or "the company")

NOTIFICATION IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT 71 OF 2008

Notice is hereby given that, in terms of the provisions of section 45(5)(a) of the Companies Act 71 of 2008 ("the Companies Act") and pursuant to the special resolution passed at the annual general meeting of the company held on 17 February 2022 authorising the board of directors ("the board") to provide direct and indirect financial assistance to current and future subsidiaries and to current and future associated companies of the company, the board has adopted resolutions to provide financial assistance ("financial assistance") to related companies of Redefine as contemplated in section 45(2) of the Companies Act.

The resolution adopted by the board relates to financial assistance which includes guarantees and inter-company loans given by Redefine in respect of the obligations of current subsidiaries and associates of Redefine, the total value of which, together with any previous resolutions to provide financial assistance during the current financial year, exceeds one-tenth of 1% of Redefine's net worth.

23 June 2022

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