HYPROP INVESTMENTS LIMITED - Update regarding short-term incentives relating to the disposal of a 50% undivided share in Hyde Park Corner

Update regarding short-term incentives relating to the disposal of a 50% undivided share in Hyde Park Corner

HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
JSE bond issuer code: HYPI
(Approved as a REIT by the JSE)
("Hyprop" or the "Company")


UPDATE REGARDING SHORT-TERM INCENTIVES RELATING TO THE DISPOSAL OF A 50% UNDIVIDED SHARE IN HYDE PARK CORNER


Shareholders are referred to the announcement published on 15 January 2026 regarding the disposal of a 50%
undivided share in Hyde Park Corner (the "Transaction"), in which it was announced that the Transaction had
terminated due to the non-fulfilment of certain of the conditions precedent by the purchaser.

In the Remuneration Report for the year ended 30 June 2025 it was noted that short-term incentives ("STI")
awarded to executive directors (in the form of cash and restricted shares in terms of the Hyprop Long-term
Incentive Plan ("Plan")) relating to the Transaction would be refunded by the executive directors should the
Transaction not be implemented.

The Company confirms that the cash portion of the STI relating to the Transaction awarded to the executive
directors, Morne Wilken, Brett Till and Wilhelm Nauta, has been adjusted and the after-tax amounts received by
them have been repaid to the Company.

In addition, the portion of the restricted shares that were awarded to the executive directors in respect of the
Transaction will be forfeited, as follows:

Name of director:                                  Morne Wilken
Transaction date:                                  10 March 2026
Class of securities:                               Ordinary shares
Number of securities:                              5 117
Price per security:                                R48.09064 (being the 30-day volume weighted average price
                                                   per share as at 31 October 2025 when the award was made
                                                   (the "30-day VWAP"))
Total value of transaction:                        R246 079.80
Nature of transaction:                             Forfeiture of shares awarded in terms of the Plan
Nature and extent of director's interest:          Direct beneficial
Clearance to deal received:                        Yes

Name of director:                                  Brett Till
Transaction date:                                  10 March 2026
Class of securities:                               Ordinary shares
Number of securities:                              2 938
Price per security:                                R48.09064 (being the 30-day VWAP)
Total value of transaction:                        R141 290.30
Nature of transaction:                             Forfeiture of shares awarded in terms of the Plan
Nature and extent of director's interest:          Direct beneficial
Clearance to deal received:                        Yes

Name of director:                                  Wilhelm Nauta
Transaction date:                                  10 March 2026
Class of securities:                               Ordinary shares
Number of securities:                              2 419
Price per security:                                R48.09064 (being the 30-day VWAP)
Total value of transaction:                        R116 331.25
Nature of transaction:                             Forfeiture of shares awarded in terms of the Plan
Nature and extent of director's interest:          Direct beneficial
Clearance to deal received:                        Yes

10 March 2026


Sponsor
Java Capital

Date: 10-03-2026 04:10:00
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.