Appointment of a Director New Frontier Properties Limited (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number: 123368C1/GBL) SEM share code: NFP.N0000 JSE share code: NFP ISIN: MU0453N00004 (“New Frontier” or “the Company”) APPOINTMENT OF A DIRECTOR In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the Board of Directors of New Frontier is pleased to announce the appointment of Mr Richard Bolleurs (“Richard”) as Chief Financial Officer (“CFO”) of the Company with effect from 7 October 2020. Richard holds a BCom and is a CA(SA) and over the years has held a number of senior positions, in companies such as Ernst & Young, Anglo American, HLH Mining Timber, Eskom, Chempro, First Rand and Orion Real Estate. Richard’s career has exposed him to a great variety of both corporate and line functions. His management style is hands on coupled with empowering his subordinates through the negotiation and supply of ideas and direction. Richard has had extensive first-hand experience of change management and restructuring exercises, and has lectured on this subject, as well as benchmarking, finance, HR, and best practices. The Board of Directors of New Frontier welcomes Richard to the executive team. New Frontier holds primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd and the Alternative Exchange of the JSE Limited. BY ORDER OF THE BOARD 9 October 2020 This notice is issued pursuant to SEM Listing Rule 11.3, the Mauritian Securities Act 2005 and section 9.20(b) of the JSE Listings Requirements. The Board of Directors of the Company accepts full responsibility for the accuracy of the information contained in this announcement. For further information please contact: JSE SEM Authorised Representative Company Sponsor and Sponsor Secretary AcaciaCap Advisors (Pty) Ltd Perigeum Capital Ltd Vistra (Mauritius) Limited +27 11 480 8500 +230 402 0890 + 230 260 7275 Date: 09-10-2020 10:00:00 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.