STOR-AGE PROPERTY REIT LIMITED - Dealings in securities by executive directors

Dealings in securities by executive directors

Stor-Age Property REIT Limited
Incorporated in the Republic of South Africa
Registration number 2015/168454/06
Share Code: SSS ISIN ZAE000208963
Approved as a REIT by the JSE
("Stor-Age")

DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS

In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements, the following information
is disclosed in respect of ordinary share dealings by the executive directors.

All of the transactions below relate to the sale of shares originally acquired in terms of the Stor-Age
Property REIT Limited Share Purchase and Option Scheme (the "Scheme") which was put in place in
October 2015. The proceeds from the sales are to be used to settle loan obligations owing to Stor-
Age in terms of the Scheme. The Scheme has since been superseded by a Conditional Share Plan
adopted by shareholders in February 2019.

The executive directors' shareholding in Stor-Age post the transactions below are as follows:

Executive director                         Number of shares held              Percentage interest in
                                                                              issued share capital
Gavin Lucas                                            9 967 121                 2.09%
Stephen Lucas                                          9 767 120                 2.05%
Steven Horton                                          5 783 708                 1.21%

Executive director                                  S C Lucas
Nature of transactions                              On-market sale of shares, direct beneficial
Class of securities                                 Ordinary shares
Date of transaction                                 07 December 2023
Price per security (cents)                          1 320.00
Number of securities                                59 363
Total value                                         R783 591.60
Executive director                                  G M Lucas
Nature of transactions                              On-market sale of shares, direct beneficial
Class of securities                                 Ordinary shares
Date of transaction                                 07 December 2023
Price per security (cents)                          1 320.00
Number of securities                                59 362
Total value                                         R783 578.40
Executive director                                  S J Horton
Nature of transactions                              On-market sale of shares, direct beneficial
Class of securities                                 Ordinary shares
Date of transaction                                 07 December 2023
Price per security (cents)                          1 320.00
Number of securities                                59 362
Total value                                         R783 578.40

Clearance was obtained in respect of each transaction outlined above.

Cape Town
12 December 2023

Sponsor
Investec Bank Limited

Date: 12-12-2023 09:10:00
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