HOSPITALITY PROPERTY FUND LIMITED - HPAI - Notification of the Voting Results in Respect of the Request for Written Consent of Noteholders

HPAI - Notification of the Voting Results in Respect of the Request for Written Consent of Noteholders

Hospitality Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/014211/06)
Company code: HPAI
Bond code: HPF12 ISIN: ZAG000158338
Bond code: HPF13 ISIN: ZAG000165168
Bond Code: HPF14 ISIN: ZAG000184730
(“Hospitality” or the “Issuer”)

NOTIFICATION OF THE VOTING RESULTS IN RESPECT OF THE REQUEST FOR WRITTEN CONSENT OF NOTEHOLDERS

Noteholders are referred to the notice of request for written consent released on SENS on 22 November 2022 (the “Consent Request”), in which the Extraordinary
Resolutions set out below were proposed:

- Extraordinary Resolution No. 1:
THAT the Noteholder Trustee (as the Finance Provider) be authorised to provide the necessary consent to allow:
the Debt Guarantor, as holder of the Mortgage Bonds over the Immovable Properties, to agree to (i) the lodgement and registration of the Correction Application, (ii) the
establishment of the Township; (iii) the registration of the New Servitude, (iv) the Rezoning and (v) the Area Description.

- Extraordinary Resolution No. 2:
THAT the Noteholder Trustee (as the Finance Provider) be authorised to enter into any documentation or to take any necessary steps to give effect to the consents
specified in Extraordinary Resolution 1.

- Extraordinary Resolution No. 3:
THAT, the Noteholders consents to (i) the Delisting, (ii) the amendment and restatement of the Applicable Pricing Supplements and (iii) the subsequent amendment and
restatement of the existing applicable pricing supplements relating to the Notes to give effect to the Delisting.

- Extraordinary Resolution No. 4:
THAT, subject to the consent of the Noteholders pursuant to Extraordinary Resolution No. 3 above, the Issuer be authorised to enter into any documentation or to take
any necessary steps to give effect to the consents specified in Extraordinary Resolutions No. 3 above.

In this regard, the Issuer confirms the voting results from the Consent Request in relation to the total nominal amount of those classes of debt securities that were
affected by the amendments are as follows:

Bond Code     Extraordinary Debt securities voted as a Rand       Debt securities voted     Votes abstained as a       Votes carried for the     Votes against the
              Resolution    value                                 disclosed as a            percentage                 resolution as a           resolution as a
                                                                  percentage                                           percentage                percentage
HPF12         1              R 300 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF12         2              R 300 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF12         3              R 300 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF12         4              R 300 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF13         1              R 800 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF13         2              R 800 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF13         3              R 800 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF13         4              R 800 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF14         1              R 600 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF14         2              R 600 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF14         3              R 600 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%
HPF14         4              R 600 000 000.00                     100.00%                   0.00%                      100.00%                   0.00%

Hospitality confirms that the extraordinary resolutions in respect of the above have accordingly been passed by the requisite number of noteholders and as a result
wishes to notify noteholders that the HPF12 Notes, the HPF13 Notes and the HPF14 Notes will be delisted from the Interest Rate Market of the JSE Limited (“JSE”) and
the Programme subsequently deregistered from the JSE with effect from 1 December 2022 or once the JSE has finalized their internal processes.

29 November 2022

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

Date: 29-11-2022 05:10:00
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