Change to function of directors Delta Property Fund Limited (Incorporated in the Republic of South Africa) (Registration number 2002/005129/06) Share code: DLT ISIN: ZAE000194049 ("Delta" or “the Company”) REIT status approved CHANGE TO FUNCTION OF DIRECTORS EXECUTIVE APPOINTMENT UPDATE Further to the announcements released on SENS on 24 August 2020 and 1 September 2020 relating to the appointment of Mrs Bongi Masinga and Mrs Marelise de Lange as the interim Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), respectively. The Board of Delta is delighted to advise shareholders that Mrs Marelise de Lange has accepted the appointment as permanent Chief Financial Officer (“CFO”) of Delta with effect from 1 January 2021. Mrs de Lange is competent, suitably experienced in the industry and is well regarded in the market. The Delta Board welcomes her in her capacity as CFO. The Board looks forward to working with Mrs de Lange and supporting her as part of the executive team to drive the Company forward. STATUS OF APPOINTMENT OF CHIEF EXECUTIVE OFFICER In respect of the appointment of a CEO, the Board advises shareholders that the process to recruit a CEO is well underway; further details will be provided as the appointment process progresses. Johannesburg 4 December 2020 Sponsor Nedbank Corporate and Investment Banking Date: 04-12-2020 03:14:00 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.