Dealing in securities by an executive of a major subsidiary Growthpoint Properties Limited Approved as a REIT by the JSE Incorporated in the Republic of South Africa) Registration number 1987/004988/06 ISIN: ZAE000179420 JSE Share code: GRT ("Growthpoint”) DEALINGS IN SECURITIES BY AN EXECUTIVE OF A MAJOR GROWTHPOINT SUBSIDIARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Executive : Mr R Pienaar Company : Growthpoint Properties Limited Subsidiary Company : Growthpoint Management Services (Pty) Ltd Date of transaction : 11 December 2020 Nature of transaction : On-market sale pursuant to the exercise of nil cost options awarded under the Growthpoint Staff Incentive Number of securities : 69 786 Class of securities : Ordinary Shares Weighted average price : R12.8799 Highest price R12.90 Lowest price R12.87 Total value of transaction : R898 836.7014 Nature of interest : Direct, Beneficial Clearance obtained : Yes Executive : Mr R Pienaar Company : Growthpoint Properties Limited Subsidiary Company : Growthpoint Management Services (Pty) Ltd Date of transaction : 11 December 2020 Nature of transaction : On-market acquisition pursuant to the exercise of nil cost options awarded under the Growthpoint Staff Incentive Number of securities : 85 294 Class of securities : Ordinary Shares Price : R12.8799 Total value of transaction : R1 098 578 1906 Nature of interest : Direct, Beneficial Clearance obtained : Yes Sandton 14 December 2020 Sponsor: Investec Bank Limited Date: 14-12-2020 10:57:00 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.