Transfer of Prescribed Officer’s interest in Balwin Properties Limited Balwin Properties Limited (Incorporated in the Republic of South Africa) Registration number 2003/028851/06 Share code: BWN ISIN: ZAE000209532 (“Balwin” or “the company” or “the group”) TRANSFER OF PRESCRIBED OFFICER’S INTEREST IN BALWIN PROPERTIES LIMITED Shareholders are advised that Ulrich Gschnaidtner (“Mr Gschnaidtner”), the Chief Projects Officer of Balwin, disposed of his personal shareholding in the company to Gschnaidtner Holdings (Pty) Ltd, of which Mr Gschnaidtner is the sole shareholder and director. The rationale for the transaction is that Mr Gschnaidtner is establishing a family office with a holding company to administer his financial affairs. In compliance with the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: Name of director Ulrich Gschnaidtner Company of which a director Balwin Properties Ltd Status Prescribed officer Type and class of securities Ordinary shares Nature of transaction Disposal of shares by Mr Gschnaidtner to his associate (off market transaction) Date of transaction 10 June 2021 Price per security 415 cents Number of securities transacted 10,150,788 Total rand value of transaction R42,125,770,20 Nature and extent of interest in the transaction Change from direct beneficial to indirect beneficial Clearance obtained Yes Bedfordview 11 June 2021 Sponsor: Investec Bank Limited Date: 11-06-2021 10:17:00 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.