Octodec / Premium Properties: Global Credit Rating affirms issuer ratings of Octodec OCTODEC INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1956/002868/06) JSE share code: OCT ISIN: ZAE000192258 (Approved as a REIT by the JSE) ("Octodec" or "the company") PREMIUM PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/003601/06) JSE alpha code: BIPPL LEI: 37890059F4C0AE114761 GLOBAL CREDIT RATING AFFIRMS ISSUER RATINGS OF OCTODEC Shareholders and noteholders are advised that Global Credit Ratings ("GCR") has undertaken a credit rating review of Octodec, as guarantor of wholly-owned subsidiary Premium Properties Limited's Domestic Medium-Term Note Programme dated 23 February 2015. On 21 June 2022, GCR re-affirmed the long-term national scale issuer rating assigned to Octodec of A-(za) and the short-term issuer rating of A2(za), with the outlook revised from Negative to Stable. GCR’s credit rating announcement is publicly available on GCR's website at https://gcrratings.com/announcements/gcr-affirms-octodec-investments-limiteds-ratings-of-a-za-a2za-and- revises-the-outlook-to-stable-from-negative/. Shareholders and noteholders can also contact Elize Greeff at email@example.com to request an electronic version. 22 June 2022 Sponsor Java Capital Debt Sponsor to Premium Properties Limited Nedbank CIB, a division of Nedbank Limited Date: 22-06-2022 05:40:00 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.