ACCELERATE PROPERTY FUND LIMITED - Notification of partial capital reduction of listed debt securities

Notification of partial capital reduction of listed debt securities

ACCELERATE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 2005/015057/06)
JSE code: APF ISIN code: ZAE000185815
Bond company code: APFE
LEI: 378900D514788C447E45
(Listed in the General Segment)
(REIT status approved)
Bond code: APF23 ISIN: ZAG000214172
Bond code: APF24 ISIN: ZAG000214180
("Accelerate" or the “Company")


NOTIFICATION OF PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES


In accordance with the Terms and Conditions of Accelerate’s ZAR5,000,000,000 Domestic Medium
Term Note Programme dated 9 September 2014, as amended and/or supplemented from time to time,
noteholders are herewith advised of the partial capital reduction of the APF23 and APF24 notes
(collectively the “Notes”) effective on 7 September 2026.

 Bond Code:                                               APF23
 ISIN:                                                    ZAG000214172
 Nominal amount before reduction:                         ZAR132 587 130
 Reduction in the nominal amount:                         ZAR17 543 557
 Remaining nominal amount in issue after the reduction:   ZAR115 043 573

 Bond Code:                                               APF24
 ISIN:                                                    ZAG000214180
 Nominal amount before reduction:                         ZAR688 321 677
 Reduction in the nominal amount:                         ZAR40 093 549
 Remaining nominal amount in issue after the reduction:   ZAR648 228 128

The partial reduction is due to the distribution of proceeds following the disposal of assets by
Accelerate, in accordance with the terms and conditions of the Notes, with the pay date of the
redemption amount pursuant to the reduction being 7 September 2026.


Fourways
4 September 2026

Debt Sponsor
Questco Corporate Advisory
Date: 04/09/2026 04:20:00
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