Redemption of bonds and utilisation of loan facility SHAFTESBURY CAPITAL PLC (Incorporated and registered in the United Kingdom with Registration Number 07145051 and registered in South Africa as an external company with Registration Number 2010/003387/10) JSE code: SHC ISIN: GB00B62G9D36 LEI: 549300TTXXZ1SHUI0D54 ("the Group") REDEMPTION OF BONDS AND UTILISATION OF LOAN FACILITY £290,000,000 SHAFTESBURY CHINATOWN PLC BONDS - 2.348 PER CENT. GUARANTEED FIRST MORTGAGE BONDS DUE 2027 - ISIN: XS1667074121, Common Code: 166707412 (the "Chinatown Bonds") and £285,000,000 SHAFTESBURY CARNABY PLC BONDS - 2.487 PER CENT. GUARANTEED FIRST MORTGAGE BONDS DUE 2031 - ISIN: XS1493395070, Common Code: 149339507 (the "Carnaby Bonds") Guaranteed by SHAFTESBURY PLC Redemption of Bonds and Utilisation of Loan Facility Following the occurrence of a change of control put event in respect of the Chinatown Bonds and the Carnaby Bonds (together, the "Bonds"), each bondholder had the option to require the relevant issuer to redeem (or, at the relevant issuer's option, purchase or procure the purchase of) its bonds by exercising a change of control put option by no later than 8 April 2023. 100 per cent. of the Chinatown Bond bondholders exercised their change of control put option and the Chinatown Bonds were redeemed in full on 17 April 2023 (the "Change of Control Put Date"). 99.9123 per cent. of the Carnaby Bond bondholders exercised their change of control put option and 99.9123 per cent. of the Carnaby Bonds were redeemed on the Change of Control Put Date. On 18 April 2023, Shaftesbury Carnaby plc exercised its option to redeem the remaining outstanding Carnaby Bonds at their nominal amount, together with interest accrued to (but excluding) the date fixed for redemption, such date being 19 May 2023. An application will be made to the Financial Conduct Authority to delist the Bonds following completion of the final redemption. The redemption of the Bonds has been funded in full by utilisation of the Shaftesbury Capital PLC £576 million loan facility agreement provided by Barclays Bank PLC, BNP Paribas SA and HSBC Bank plc dated 16 June 2022 (the "Facility Agreement"). A summary of the Facility Agreement terms is set out in the merger prospectus dated 7 July 2022 and the Facility Agreement is available on the Shaftesbury Capital PLC website. Enquiries: Shaftesbury Capital PLC Situl Jobanputra – Chief Financial Officer Graham Keer – Group Treasurer Desna Martin – Group Company Secretary Telephone: +44 20 3214 9150 18 April 2023 Sponsor Java Capital Date: 18-04-2023 01:45:00 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.