FORTRESS REAL ESTATE INVESTMENTS LIMITED - Appointment of an independent non-executive director

Appointment of an independent non-executive director

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")


APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR


Shareholders and noteholders are advised that Edwin ("Eddy") Oblowitz has been appointed as an independent
non-executive director and as a member of the audit and remuneration committees of the Company with effect
from 2 May 2023, thereby filling the vacancies left on these committees.

Eddy holds a BCom degree and is a chartered accountant and certified public accountant. In his over 42 year
professional career, Eddy has had exposure to various diverse local and international industries and business
enterprises. He is currently the owner of Contineo Financial Services and serves as an independent non-executive
director at Trencor Limited, The Foschini Group Limited and BNP Paribas Personal Finance South Africa Limited
("RCS Group"), as well as various non-listed companies.

Fortress confirms that Eddy's appointment has been made in accordance with the Company's policy dealing with
the nomination of directors.

The Board welcomes Eddy to the position and looks forward to his contribution to the Company.

3 May 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: 03-05-2023 03:00:00
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