Renewal of cautionary FAIRVEST PROPERTY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/005011/06) JSE share code: FVT ISIN: ZAE 000203808 (Approved as a REIT by the JSE Limited) (“Fairvest”) RENEWAL OF CAUTIONARY Shareholders are referred to the announcement published on 18 May 2021 regarding the agreements Fairvest has concluded to acquire B ordinary shares in Arrowhead Properties Limited (“Arrowhead”) in exchange for Fairvest shares. Fairvest is progressing with the approval processes required to fulfil conditions to these agreements. In addition, Fairvest shareholders are referred to the Arrowhead announcement published on 15 June 2021 and are advised that Fairvest and Arrowhead are engaging constructively regarding a single-step merger and shareholders will be kept informed of the outcome of this engagement. In the meantime, shareholders are advised to continue to exercise caution in their dealings in Fairvest shares. Fairvest board responsibility statement The board of the directors of Fairvest collectively and individually accepts responsibility for the information contained in this announcement and certifies that, to the best of its knowledge and belief, the information contained in this announcement relating to Fairvest is true and this announcement does not omit anything that is likely to affect the import of such information. 30 June 2021 Corporate advisor and transaction sponsor to Fairvest Java Capital Legal advisor to Fairvest Werksmans Sponsor to Fairvest PSG Capital Date: 30-06-2021 10:30:00 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.