EXEMPLAR REITAIL LIMITED - Finalisation of fairness opinion - small related party transaction

Finalisation of fairness opinion - small related party transaction

Exemplar REITail Limited
(Incorporated in the Republic of South Africa)
(Registration number 2018/022591/06)
Approved as a REIT by the JSE
JSE share code: EXP ISIN: ZAE000257549
LEI: 3789000558287E37F130
("Exemplar" or "the Company")


FINALISATION OF FAIRNESS OPINION – SMALL RELATED PARTY TRANSACTION


Shareholders are referred to the SENS announcement released on 9 March 2023, which detailed the small related party
transaction (the "transaction") entered into between McCormick Property Development Proprietary Limited and
Exemplar, and Exemplar's requirement to appoint an independent expert to provide a fairness opinion in relation to the
transaction.

The independent expert, Moore Infinity Advisory Proprietary Limited, has concluded that the terms of the transaction
are fair as far as the shareholders of Exemplar are concerned, and a copy of its fairness opinion has been provided to the
JSE. As required in terms of paragraph 10.7(c) of the JSE Listings Requirements, the fairness opinion will lie open for
inspection at the registered office of Exemplar, Sokatumi Estate, corner Lyttleton Road and Leyden Avenue, Clubview,
Centurion, 0014, for a period of 28 days from the date of this announcement and be available on the Company's website
at 1Exemplar-MamelodiSquareFairnessOpinionApril2023.pdf (exemplarreit.co.za)

20 April 2023


Sponsor
Java Capital

Date: 20-04-2023 10:30:00
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