Update Regarding Johannesburg CBD Explosion TUHF Urban Finance (RF) Limited Incorporated in the Republic of South Africa (Registration number 2018/563485/06) (“TUHF Urban Finance”) Instrument Code: TU1A11 ISIN Code: ZAG000156167 Instrument Code: TU1B11 ISIN Code: ZAG000156175 Instrument Code: TU1D11 ISIN Code: ZAG000156183 UPDATE REGARDING JOHANNESBURG CBD EXPLOSION The board of directors of TUHF Urban Finance (“Board”) wish to advise Noteholders that further to the underground gas explosion that occurred in the Johannesburg CBD on Wednesday, 19 July 2023, no damages were sustained to the four buildings in the TUHF Urban Finance portfolio located in the vicinity in which the explosion occurred or to any of the other buildings in its portfolio. Noteholders are further advised that all the buildings have up to date insurance cover which, inter alia, insures the buildings against structural damage and loss of income. Notwithstanding the above, all insurers have been notified timeously of the incident. The Board confirms that TUHF Urban Finance has contacted all its clients and visited the buildings to ensure that no serious injuries and/or loss of lives has been sustained. TUHF Urban Finance will be monitoring the situation closely and Noteholders will be kept informed of any further developments. Johannesburg 21 July 2023 Debt Sponsor Merchantec Capital Date: 21-07-2023 04:46:00 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.