Acceptance by Directors of shares awarded in terms of the Texton Conditional Share Plan TEXTON PROPERTY FUND 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”) ACCEPTANCE BY DIRECTORS OF SHARES AWARDED IN TERMS OF THE TEXTON CONDITIONAL SHARE PLAN Texton has made the following awards of Performance and Retention Shares in terms of the Texton Property Fund Conditional Share Plan (“CSP), which comprises:” - Performance Shares; and - Retention Shares Name of director PM Hack Type of director Executive director Nature of transaction Off-market acceptance of Performance and Retention Shares awarded in terms of the CSP Date of award 30 June 2022 Date of acceptance of award 30 June 2022 Number of shares awarded Performance Shares 41 184 Retention Shares 22 176 Per share value of award R3.15 Vesting date 30 June 2024 (note 1) Nate of interest Direct beneficial Name of director HSP Welleman Type of director Executive director Nature of transaction Off-market acceptance of Performance and Retention Shares awarded in terms of the CSP Date of award 30 June 2022 Date of acceptance of award 30 June 2022 Number of shares awarded Performance Shares 41 184 Retention Shares 22 176 Per share value of award R3.15 Vesting date 30 June 2024 (note 1) Nate of interest Direct beneficial Note 1 – This assumes the Performance Conditions have been deemed satisfied by the NRC. For clarification and avoidance of doubt, the Performance Shares shall be awarded on the later of – (a) the date that the NRC has determined the number of Performance Shares that will Vest in respect of the Award ; or (b) if the aforementioned date falls during a Prohibited Period, or on a date on which the acquisition or disposal of the Shares would be in contravention of any code adopted by the Company relating to dealings in securities by Directors, or be prohibited by insider trading legislation or any other legislation or regulations, then the Performance Shares shall vest on the first business day following the expiry of such event. Clearance for the above was obtained in terms of paragraph 3.66 of the JSE limited Listing Requirements. Sandton 30 June 2022 Sponsor Investec Bank Limited Date: 30-06-2022 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.