ACCELERATE PROPERTY FUND LIMITED - Results of AGM

Results of AGM

ACCELERATE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 2005/015057/06)
JSE code: APF ISIN code: ZAE000185815
Bond company code: APFE
LEI: 378900D514788C447E45
(Listed in the General Segment)
(REIT status approved)
("Accelerate" or the “Company")


RESULTS OF AGM


Accelerate shareholders (“Shareholders”) and noteholders are hereby advised that at the annual
general meeting of Shareholders held at 10:00 on 3 September 2026 (the “AGM”), all ordinary and
special resolutions contained in the notice of AGM were passed by the requisite majority of votes of
Shareholders present in person or represented by proxy at the AGM.


Details of the results of voting at the AGM are as follows:
•         Total number of issued ordinary shares (“Shares”): 2 090 323 952
•         Total number of issued Shares net of treasury shares: 2 045 494 922 (“AGM Total Voteable
          Shares”)
•         Total number of issued Shares which were voted in person or represented by proxy:
          1 185 874 115 Shares, being 57% of the total issued Shares and 58% of the AGM Total Voteable
          Shares (“Voted Shares”).


Resolution Resolution                        Number of Percentage       For**    Against** Abstained*
Number                                    Voted Shares     of AGM            %         %           %
                                                            Total
                                                         Voteable
                                                          Shares*
Ordinary resolutions
1          Re-election of Directors
           retiring at the AGM
1.1        Re-election of Mr JWA        1 185 864 115    57.97%      96.57%       3.43%      0.00%
           Templeton
1.2        Re-election of Mr AM         1 185 874 115    57.97%      96.57%       3.43%      0.00%
           Mawela
1.3        Non-filling of vacancy       1 185 874 115    57.97%      96.57%       3.43%      0.00%
2          Election of Audit and
           Risk Committee
           members
2.1        Re-election of Mr DS         1 185 874 115    57.97%        100%       0.00%      0.00%
           Pydigadu as Chairman
           and member of the
           Audit and Risk
           Committee
2.2        Re-election of Mr JPA        1 185 874 115    57.97%     96.57%        3.43%      0.00%
           Day as member of the
           Audit and Risk
           Committee
2.3        Re-election of Dr K          1 185 874 115    57.97%     96.57%        3.43%      0.00%
           Madikizela as member
           of the Audit and Risk
           Committee
2.4        Re-election of Mr AM         1 185 874 115    57.97%     96.57%        3.43%      0.00%
           Mawela as member of
           the Audit and Risk
           Committee
3          Re-appointment of            1 185 860 036    57.97%    100.00%        0.00%      0.00%
           PricewaterhouseCoopers
           Incorporated as
           Independent External
           Auditor
4          Election of Social, Ethics
           and Transformation
           Committee members
4.1        Re-election of Dr K         1 185 874 115    57.97%    100.00%        0.00%      0.00%
           Madikizela as
           Chairman and member
           of the Social, Ethics and
           Transformation
           Committee
4.2        Re-election of Mr AM        1 185 874 115    57.97%    100.00%        0.00%      0.00%
           Mawela as member of
           the Social, Ethics and
           Transformation
           Committee
4.3        Re-election of Mrs M        1 185 874 115    57.97%     96.57%        3.43%      0.00%
           de Lange as member
           of the Social, Ethics and
           Transformation
           Committee
5          Approval of the             1 185 860 036    57.97%     96.42%        3.58%      0.00%
           Company’s
           Remuneration Policy
6          Approval of the             1 185 860 036    57.97%     96.42%        3.58%      0.00%
           Company’s
           Remuneration Report for
           the year ended
           31 March 2026
7          To place the unissued       1 185 860 036    57.97%     87.83%     12.17%      0.00%
           authorised ordinary
           shares of the Company
           under the control of the
           directors
 8         Specific authority to       1 185 860 036    57.97%      87.83%     12.17%      0.00%
           issue shares to afford
           Shareholders
           distribution
           reinvestment
           alternatives
 Special resolutions
 1         General but restricted     1 185 860 036     57.97%      87.83%     12.17%      0.00%
           authority to issue
           ordinary shares for cash
 2         Approval of                1 185 860 036     57.97%      96.55%      3.45%      0.00%
           Non-Executive
           Directors’ fees


*In relation to the 2 045 494 922 AGM Total Voteable Shares.
**In relation to the 1 185 874 115 Voted Shares.


Fourways
3 September 2026


Equity and Debt Sponsor
Questco Corporate Advisory
Date: 03/09/2026 03:45:00
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