Change in beneficial interest in Transcend ordinary shares TRANSCEND RESIDENTIAL PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) Registration number 2016/277183/06 JSE Code: TPF ISIN: ZAE000227765 (Approved as a REIT by the JSE) (“Transcend” or “the Company”) CHANGE IN BENEFICIAL INTEREST IN TRANSCEND ORDINARY SHARES In accordance with paragraph 3.83(b) of the JSE Limited Listings Requirements and section 122(3)(b) of the Companies Act 71 of 2008 (“the Act”), shareholders are advised that Emira Property Fund Limited has notified the Company that it has acquired a beneficial interest in the ordinary shares of Transcend such that its total interest in the Company has increased to 68.03% of the Company’s issued ordinary share capital. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notices with the Takeover Regulation Panel. The board of directors of Transcend (“the Board”) accepts responsibility for the information contained in this announcement as it pertains to the Company. To the best of the Board's knowledge and belief, the information contained in this announcement as it pertains to Transcend is true and nothing has been omitted which is likely to affect the importance of such information. Bryanston 18 October 2022 Sponsor Questco Corporate Advisory Proprietary Limited Date: 18-10-2022 04:27:00 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.