RESILIENT REIT LIMITED - BIRPIF - Availability of the Annual Financial Statements of the Guarantor

BIRPIF - Availability of the Annual Financial Statements of the Guarantor

Resilient REIT Limited
Incorporated in the Republic of South Africa
Registration number: 2002/016851/06
Bond company code: BIRPIF
LEI: 378900F37FF47D486C58
(Approved as a REIT by the JSE)
(“Resilient” or “the Issuer”)

AVAILABILITY OF THE ANNUAL FINANCIAL STATEMENTS OF THE GUARANTOR

Noteholders are advised that the annual financial statements of Resilient Properties Proprietary
Limited, the Guarantor to Resilient’s ZAR10 000 000 000 Domestic Medium Term Note Programme
(the “Guarantor”), for the year ended 31 December 2022 (the “Financial Statements”) are available
for inspection at the Issuer’s registered office.

Noteholders are also advised that the audit report on the Financial Statements of the Guarantor is
unqualified, with no modifications applicable.

Furthermore, noteholders are advised that the annual financial statements of the guarantor have
been restated due to a change in accounting policy arising from an agenda decision finalised by the
International Accounting Standards Board IFRS Interpretations Committee in October 2022. The
agenda decision provides that losses which were incurred on granting rent concessions, which were
incurred during the COVID-19 pandemic, should be charged to profit or loss in the year they are
granted. This has the effect that the straight-lining receivable is released to profit or loss.


28 April 2023


Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 28-04-2023 12:20:00
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