EQUITES PROPERTY FUND LIMITED - Listing of new financial instrument

Listing of new financial instrument

EQUITES PROPERTY FUND LIMITED
(Registration no 2013/080877/06)
Incorporated in the Republic of South Africa
JSE alpha code: EQUI

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Equites Property Fund
Limited under its Domestic Medium Term Note Programme dated 30 August 2021.

The instrument is a sustainability-linked bond issued by Equites Property Fund Limited in partnership
with Standard Bank, who acted as sole arranger, sustainability structuring agent and primary anchor
investor.

The bond represents the ability to raise capital at an attractive rate and Equites will benefit from a
reduction in the interest rate if pre-agreed key performance indicators (“KPI”) are met.

The three KPI’s that Equites has set are focussed on sustainable building practices, increasing
renewable energy usage and promotion of supplier enterprise development. Equites has committed
to ensuring that all new developments are green certified, that renewable energy consumption across
its portfolio of high-grade logistic assets is increased each year and increasing spend
with enterprise and supplier development partners as part of Equites’ Ampcore Programme. These
initiatives are aligned with Equites’ strategy to ensure the sustainability of its portfolio and
the environment in which it operates.

Details of the issue:

New Instrument:                                 EQT008
Authorised programme size:                      R10,000,000,000.00
Total amount in issue after this issuance:      R2,925,000,000.00
Bond code:                                      EQT008
Nominal value issued:                           R800,000,000.00
Issue price:                                    100%
Coupon:                                         5.235% (3 Month JIBAR as at 5 October 2021 plus 165
                                                bps)
Coupon rate indicator:                          Floating
Trade type:                                     Price
Final maturity date:                            8 October 2024
Books close date(s):                            28 September to 7 October, 29 December to 7
                                                January, 28 March to 7 April, 28 June to 7 July
Interest payment date(s):                       8 January, 8 April, 8 July, 8 October
Last day to register:                           By 17:00 on 27 September, 28 December, 28 March,
                                                28 June
Issue date:                                     8 October 2021
Date convention:                                Following
Interest commencement date:                     8 October 2021
First interest payment date:                    8 January 2022
ISIN:                                           ZAG000180563
Additional information:                         Senior unsecured, unsubordinated

The Applicable Pricing Supplement is available at: https://equites.co.za/investor-
community/investors-documentation/

The note relating to the new financial instrument (“Note”) will be dematerialised in the Central
Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules.

Date: 7 October 2021

Debt Sponsor: Nedbank Corporate and Investment Bank, a division of Nedbank Limited

Date: 07-10-2021 02:00:00
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