FIFG01 FIFG02 - Listing of New Financial Instruments Fortress REIT Limited (Incorporated in the Republic of South Africa) (Registration no. 2009/016487/06) Company code: FORI LEI: 378900FE98E30F24D975 (Approved as a REIT by the JSE) (“Fortress” or the “Issuer”) Bond code: FIFG01 ISIN: ZAG000178492 Bond code: FIFG02 ISIN: ZAG000178500 FIFG01 FIFG02 - LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted Fortress the listing of its sustainability-linked FIFG01 and FIFG02 Senior Unsecured Floating Rate Notes, in terms of its Domestic Medium Term Note Programme (“the Programme”) dated 10 January 2019, as guaranteed by Capital Propfund Proprietary Limited and Fortress Income 3 Proprietary Limited, effective 5 August 2021 Bond code: FIFG01 ISIN: ZAG000178492 Type of debt security: Floating Rate Notes Nominal issued: ZAR 495 000 000.00 Coupon rate: 3-month JIBAR plus 200 basis points, subject to paragraph 2 of Appendix 1 of the pricing supplement Maturity date: 5 August 2024 Other: The pricing supplement contains additional terms and conditions to the terms and conditions as contained in the Programme Summary of additional terms: The additional terms and conditions relating to the FIFG01 notes – ESG under Appendix 1 and additional terms and conditions relating to the FIFG01 notes – redemption in the event of a breach of a financial covenant are contained under Appendix 2 of the pricing supplement and relates to specific targets for the installation of additional solar photovoltaic systems at specific dates Bond code: FIFG02 ISIN: ZAG000178500 Type of debt security: Floating Rate Notes Nominal issued: ZAR 405 000 000.00 Coupon rate: 3-month JIBAR plus 240 basis points, subject to paragraph 2 of Appendix 1 and paragraph 1.4 of Appendix 3 of the pricing supplement Maturity date: 5 August 2026 Other: The pricing supplement contains additional terms and conditions to the terms and conditions as contained in the Programme Summary of additional terms: The additional terms and conditions relating to the FIFG02 notes – ESG under Appendix 1, additional terms and conditions relating to the FIFG02 notes – redemption in the event of a breach of loan to value financial covenant under Appendix 2 and additional terms and conditions relating to the FIFG02 notes – step-up margin in the event of a breach of asset cover financial covenant are contained under Appendix 3 of the pricing supplement and relates to specific targets for the installation of additional solar photovoltaic systems at specific dates For both FIFG01 and FIFG02, the following salient details are relevant: Issue date: 5 August 2021 Issue price: 100% Interest commencement date: 5 August 2021 Interest determination date(s): 5 February, 5 May, 5 August and 5 November of each year until the Maturity Date, with the first interest determination date being 29 July 2021 First interest payment date: 5 November 2021 Interest payment date(s): 5 February, 5 May, 5 August and 5 November of each year until the Maturity Date Last day to register: By 17h00 on 25 January, 24 April, 25 July and 25 October of each year until the Maturity Date Books close: 26 January, 25 April, 26 July and 26 October of each year until the Maturity Date Business day convention: Following Business Day Final maturity amount: 100% of the Aggregate Nominal Amount Programme amount: ZAR 20 000 000 000.00 Total notes in issue under programme: ZAR 10 378 600 000, exclusive of the issuances of the FIFG01 and FIFG02 notes Dealer: The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division 4 August 2021 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 04-08-2021 02:23:00 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.