Posting of Circular: Adoption of a New Memorandum of Incorporation TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE (Incorporated in the Republic of South Africa) (Registration number 2005/019302/06) JSE share code: TEX ISIN: ZAE000190542 (“Texton” or the “Company”) POSTING OF CIRCULAR: ADOPTION OF A NEW MEMORANDUM OF INCORPORATION INTRODUCTION The Company’s memorandum of incorporation (“MOI”) was adopted in 2013 and the Company has deemed it necessary to replace the Company’s MOI with a JSE compliant MOI that is more aligned with current industry best practice and market standards. Accordingly, shareholders are advised that the Company has distributed a circular today pertaining to the adoption of a new MOI, which contains a notice convening a general meeting of shareholders (“the Circular”) to be held at 13:00 on Tuesday, 27 July 2021 via a remote interactive electronic platform, Microsoft Teams. Copies of the Circular are available on the Company’s website at www.texton.co.za or may be obtained from the registered office of Texton at Block D, Vunani Office Park, 151 Katherine Street, Sandton during normal business hours from Tuesday, 29 June 2021 to Tuesday, 27 July 2021. Capitalised terms used below and elsewhere in this announcement and that are not otherwise defined, bear the meaning ascribed to them in the Circular. Salient dates and times 2021 Notice record date, being the date on which a shareholder must Friday, 18 June be registered in the Register in order to be eligible to receive the Notice of General Meeting on Circular incorporating the Notice of General Meeting and Form Tuesday, 29 June of Proxy (blue), posted to Shareholders on Announcement of posting of Circular and Notice convening the Tuesday, 29 June General Meeting released on SENS on Last day to trade Shares in order to be recorded in the Register Tuesday, 13 July to vote at the General Meeting on General Meeting record date, being the date on which a Friday, 16 July Shareholder must be registered in the Register in order to be eligible to attend and participate in the General Meeting and to vote thereat, by close of trade on For administrative reasons to ensure an orderly arrangement of Friday, 23 July affairs on the day, Forms of Proxy (blue) in respect of the General Meeting may be emailed to proxy@computershare.co.za or received via post by 13:00 on Form of Proxy (blue) in respect of the General Meeting to be Tuesday, 27 July emailed to the chairperson of the General Meeting at any time prior to the commencement of the voting General Meeting held at 13:00 on Tuesday, 27 July Results of the General Meeting published on SENS on Tuesday, 27 July Notes: 1. All dates and times indicated above are South African Standard Time. 2. The above dates and times are subject to amendment at the discretion of Texton. Any such amendment will be released on SENS. Sandton 29 June 2021 Corporate Advisor and Transaction sponsor Investec Bank Limited Legal Advisor Cliffe Dekker Hofmeyr Incorporated Date: 29-06-2021 01:33:00 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.