Acquisition of a 25% interest in a retail portfolio in France RESILIENT REIT LIMITED Incorporated in the Republic of South Africa Registration number: 2002/016851/06 JSE share code: RES ISIN: ZAE000209557 Bond company code: BIRPIF LEI: 378900F37FF47D486C58 (Approved as a REIT by the JSE) (“Resilient” or “the Company”) ACQUISITION OF A 25% INTEREST IN A RETAIL PORTFOLIO IN FRANCE Resilient has reached agreement with Wereldhave Retail France SAS (“WRF”) on the acquisition of a 25% interest in four French shopping centres (the “portfolio”). Lighthouse Capital will own the other 75% interest. Resilient’s purchase consideration amounts to c. EUR76,25 million and related working capital on the effective date of 30 September 2021 (the “acquisition”). Resilient may implement the acquisition directly or via a newly incorporated entity in France. The shopping centres are situated in growing regions in northern France and in cities that will continue to benefit from urbanisation. The strategy is to strengthen the dominance of the retail centres. The estimated yield for these properties of 8,1% is based on the projected net operating income for the 2022 calendar year and no estimated rental value is attributed to the vacant gross lettable area (“GLA”) acquired. The acquisition will be conditional on Resilient obtaining the necessary exchange control approval and WRF supervisory board approval. Transfer will take place on the effective date. Additional required information The salient details of the portfolio (based on 100%) are as follows: Transaction Weighted Net operating value ascribed Retail average income for the year to each GLA 1 Occupancy rental 2 ended Dec 2020 3,4 property 5 Name Location (m2) (%) (EUR) (EUR) (EUR) Docks Vauban Le Havre 47 292 93,4% 10,20 3 932 000 55 950 000 Docks 76 Rouen 37 009 93,9% 18,60 5 786 000 77 250 000 Rivetoile Strasbourg 28 301 95,9% 25,40 5 618 000 84 250 000 Saint Sever Rouen 34 781 89,8% 19,70 6 406 000 87 550 000 Total 147 383 21 742 000 305 000 000 Notes: 1. Inaccessible areas, storage areas and areas under development have been excluded from retail GLA. 2. Monthly weighted average rent at 31 March 2021, excluding discounts related to COVID. 3. Including the impact of temporary discounts related to COVID of c. EUR3 million. 4. Unaudited International Financial Reporting Standards amounts as per transaction due diligence. 5. Allocation of total purchase price to individual properties based on management models. Categorisation The acquisition will be categorised as a category 2 transaction in terms of the JSE Listings Requirements and as such will not be subject to shareholder approval. In due course Resilient will announce the fulfilment of the conditions to the acquisition. 26 August 2021 Corporate advisor and sponsor Java Capital Date: 26-08-2021 05:02:00 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.