FORTRESS REAL ESTATE INVESTMENTS LIMITED - Changes to the board of directors and board committees

Changes to the board of directors and board committees

FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Formerly Fortress REIT Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes:       FFA ISIN: ZAE000248498
                       FFB ISIN: ZAE000248506
Bond company code:     FORI
LEI: 378900FE98E30F24D975
("Fortress" or the "Company")


CHANGES TO THE BOARD OF DIRECTORS AND BOARD COMMITTEES


Shareholders and noteholders are advised that Mr Bram Goossens, an independent non-executive director, member
of the audit committee, member of the social, ethics and sustainability committee and chairperson of the
remuneration committee, has resigned from the board of Fortress (the "Board") with effect from 14 February 2023,
to pursue other interests.

A replacement for Bram as chairperson of the remuneration committee will be announced in due course. All other
board committees remain duly constituted in terms of both statutory and governance requirements subsequent to
Bram's resignation.

The Board thanks Bram for his contribution to the Company and wishes him well in his future endeavours.

15 February 2023


Lead sponsor               Joint sponsor                                    Debt Sponsor
Java Capital               Nedbank Corporate and Investment Banking,        Rand Merchant Bank
                           (a division of Nedbank Limited)                  (a division of First Rand Bank Limited)

Date: 15-02-2023 04:10:00
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