Results of Annual General Meeting & Update on Board and Committee Roles AREIT PROP LIMITED Approved as a REIT (Incorporated in the Republic of South Africa) (Registration number 2021/837953/06) (“aReit Prop” or “the Company”) ISIN Code: ZAE000306585 | JSE Code: APO RESULTS OF ANNUAL GENERAL MEETING (“AGM”) AND UPDATE ON BOARD AND COMMITTEE ROLES Shareholders are advised that, at the AGM of aReit Prop held on Thursday, 31 August 2023, convened in terms of the notice of AGM contained in the Annual Report for the year ended 31 December 2022, the voting information is as follows: Number of ordinary shares represented at the AGM 88 915.220 Total number of issued ordinary shares 100,000,000 Percentage of ordinary shares represented at the AGM 89.92% The resolutions proposed at the AGM, together with the percentage of votes carried for and against each resolution, are set out below: Number of votes Abstain (% of issued Total Votes For Against share (excluding % % capital) abstentions) Ordinary Resolution Number 1 – 88 915 220 - - 88 915 220 Presentation and acceptance of 100.00% 0.00% 0.00% 88.92% annual financial statements Ordinary Resolution Number 2 – 88 915 220 - - 88 915 220 Interim appointment – Mr Jason Kruger 100.00% 0.00% 0.00% 88.92% Ordinary Resolution Number 3 – 88 915 220 - - 88 915 220 Director retirement and re-election – 100.00% 0.00% 0.00% 88.92% Mr Jacques Osse Ordinary Resolution Number 4 – 88 915 220 - - 88 915 220 Director retirement and re-election – 100.00% 0.00% 0.00% 88.92% Stuart Chase Ordinary Resolution Number 5 – 88 915 220 - - 88 915 220 Re-appointment and remuneration of 100.00% 0.00% 0.00% 88.92% auditors Ordinary resolution Number 7 - 88 915 220 - - 88 915 220 Re-appointment of Audit and Risk 100.00% 0.00% 0.00% 88.92% Committee member: Mr Stuart Chase Ordinary Resolution Number 8 – 88 915 220 - - 88 915 220 Appointment of Audit and Risk 100.00% 0.00% 0.00% 88.92% Committee member: Mr Jason Kruger Ordinary Resolution Number 9 – 88 915 220 - - 88 915 220 Endorsement of aReit’s Remuneration 100.00% 0.00% 0.00% 88.92% Policy Ordinary Resolution Number 10 – 88 915 220 - - 88 915 220 Endorsement of the implementation of 100.00% 0.00% 0.00% 88.92% aReit’s Remuneration Policy Special Resolution Number 1 – 88 915 220 - - 88 915 220 General authority to allot and issue 100.00% 0.00% 0.00% 88.92% shares for cash Special Resolution Number 2 – 88 908 420 6 800 - 88 915 220 Authority to issue shares, securities 99.99% 0.01% 0.00% 88.92% convertible into shares or rights that may exceed 30% of the voting power of the current issued share capital Special Resolution Number 3 – 88 915 220 - - 88 915 220 Non-executive directors’ remuneration 100.00% 0.00% 0.00% 88.92% Special Resolution Number 4 – 88 915 220 - - 88 915 220 General authority to provide financial 100.00% 0.00% 0.00% 88.92% assistance to related and inter-related companies and corporations in terms of section 45 of the Companies Act Ordinary Resolution Number 6 was withdrawn as the Director had resigned prior to the holding of the AGM. Mr J Osse will be appointed as a member of the Audit and Risk Committee in the interim until a new appointment has been made. Mr J Kruger has been nominated as the Lead Independent Non-Executive Director. By Order of the Board CAPE TOWN 1 September 2023 SPONSOR AcaciaCap Advisors Proprietary Limited Date: 01-09-2023 12:10:00 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.