Notification in terms of section 45(5) of the Companies Act 71 of 2008 Exemplar REITail Limited (Incorporated in the Republic of South Africa) (Registration number 2018/022591/06) Approved as a REIT by the JSE JSE share code: EXP ISIN: ZAE000257549 LEI: 3789000558287E37F130 (“Exemplar” 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 15 July 2020 authorising the board of directors of Exemplar (the “board”) to provide direct or indirect financial assistance by way of loans, guarantees, the provision of security or otherwise (“financial assistance”), to, inter alia, any related or inter-related companies, notification is hereby given that the board adopted a resolution authorising Exemplar to provide financial assistance to its subsidiary companies which financial assistance will not exceed R3 190 000 000. In accordance with section 45 of the Companies Act, the board is satisfied and acknowledges that: (i) immediately after providing such financial assistance, Exemplar would have satisfied the solvency and liquidity test as provided for in section 4 of the Companies Act; and (ii) the terms under which such financial assistance was given were fair and reasonable to Exemplar. 27 October 2020 Sponsor Java Capital Date: 27-10-2020 02:28:00 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.