FORTRESS REIT LIMITED - Feedback on engagement with shareholders on the company's remuneration policy and implementation report

Feedback on engagement with shareholders on the company's remuneration policy and implementation report

FORTRESS REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes:   FFA   ISIN: ZAE000248498
                   FFB   ISIN: ZAE000248506
Bond company code: FORI
(Approved as a REIT by the JSE)
("Fortress" or "the Company")


FEEDBACK ON ENGAGEMENT WITH SHAREHOLDERS ON THE COMPANY'S REMUNERATION POLICY AND IMPLEMENTATION REPORT


Shareholders are referred to the SENS announcement published on 30 November 2018 detailing the results of the
annual general meeting, in which it was noted that the non-binding advisory votes on the approval of the remuneration
policy and remuneration implementation report were at a level which required Fortress to pro-actively engage with
shareholders about their concerns on the remuneration policy and/or remuneration implementation report.

Shareholders were requested to provide feedback to the chairperson of the remuneration committee, Tshiamo
Matlapeng-Vilakazi, or to Iraj Abedian, the chairman of the board of directors. Further to this, a teleconference was
planned to be held in the first quarter of 2019. However, due to the limited feedback received and some shareholders
indicating a preference to engage directly with the remuneration committee, the committee has decided to dispense
with the teleconference and to allow shareholders a further opportunity to provide feedback in writing by 22 February
2019 by e-mailing the company secretary at tamlyn@fortressfund.co.za.

Following this round of engagement, all feedback received from shareholders on the remuneration policy and/or
remuneration implementation report will be consolidated and the remuneration committee responses thereto will be
made available via the Company's website. In addition, should shareholders have any further concerns regarding the
remuneration policy and/or the remuneration implementation report, they are welcome to engage with the Company at
any time.

13 February 2019


Lead sponsor
Java Capital

Joint sponsor
Nedbank Corporate and Investment Banking

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