EQUITES PROPERTY FUND LIMITED - Changes to the board and composition of the audit committee and nomination committee

Changes to the board and composition of the audit committee and nomination committee

EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
Share code: EQU ISIN: ZAE000188843
Debt company code: EQUI
(Approved as a REIT by the JSE)
("Equites" or "the Company")


CHANGES TO THE BOARD AND COMPOSITION OF THE AUDIT COMMITTEE AND NOMINATION COMMITTEE


Shareholders and noteholders are advised that Ruth Benjamin-Swales has indicated that she will retire from
the Equites board and from her role as chairperson of the Audit Committee with effect from the Company's
annual general meeting to be held on 17 August 2023. Ruth has served on the Equites board for over eight years
and her decision to retire is aligned to Equites' policy of limiting the tenure of long-serving directors in line with
the recommendations of King IV. Subject to shareholder approval at the Company's annual general meeting,
Fulvio Tonelli, an independent non-executive director, will succeed Ruth as the chairperson of the Audit
Committee with effect from 17 August 2023.

Shareholders and noteholders are further advised that, with effect from 9 May 2023, Keabetswe Ntuli and
Fulvio Tonelli, both independent non-executive directors, have been appointed as members of the Nomination
Committee of the Company.

11 May 2023


Sponsor
Java Capital

Debt Sponsor
Nedbank Corporate and Investment Banking,
(a division of Nedbank Limited)
Date: 11-05-2023 02:00:00
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.