Results of the Annual General Meeting 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” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are advised that at the Annual General Meeting (“AGM”) of Stor-Age shareholders held on Thursday, 22 August 2019, all ordinary and special resolutions proposed thereat were approved by the requisite majority of votes. The voting results are set out hereunder: Total issued share capital : 393 005 377 Total number of shares present/represented (including proxies) : 321 119 328 Total percentage of shares present/represented (including proxies) in relation to the total issued share capital : 81.71% Resolutions Shares Votes Votes Votes Voted Abstained For Against Number %(1) %(1) Number %(2) Number %(2) Ordinary resolution number 1 318 595 286 81.07 0.51 318 595 286 100.00 0 0.00 Re-election of Mr GBH Fox as an independent non-executive director Ordinary resolution number 2 318 593 226 81.07 0.51 307 711 064 96.58 10 882 162 3.42 Re-election of Mr MS Moloko as an independent non-executive director Ordinary resolution number 3 318 593 226 81.07 0.51 264 340 432 82.97 54 252 794 17.03 Re-appointment of KPMG Inc as the Company’s auditor Ordinary resolution number 4 318 595 286 81.07 0.51 318 595 286 100.00 0 0.00 Election of Mr GBH Fox as a member and the chairman of the audit and risk committee Ordinary resolution number 5 318 593 226 81.07 0.51 302 217 361 94.86 16 375 865 5.14 Election of Mr MS Moloko as a member of the audit and risk committee Ordinary resolution number 6 318 595 286 81.07 0.51 318 595 286 100.00 0 0.00 Election of Ms KM de Kock as a member of the audit and risk committee Ordinary resolution number 7 318 595 286 81.07 0.51 299 868 586 94.12 18 726 700 5.88 Election of Mr PA Theodosiou as a member of the audit and risk committee Ordinary resolution number 8 318 591 490 81.07 0.51 276 733 522 86.86 41 857 968 13.14 General authority to directors to issue shares for cash Ordinary resolution number 9 318 593 550 81.07 0.51 318 591 490 100.00 2 060 0.00 Amendment of the Rules of The Stor-Age Property REIT Limited Conditional Share Plan Non-binding advisory vote 1 318 592 550 81.07 0.51 257 115 520 80.70 61 477 030 19.30 Endorsement of the remuneration policy Non-binding advisory vote 2 311 573 026 79.28 2.30 251 002 527 80.56 60 570 499 19.44 Endorsement of the implementation report in regard to the remuneration policy Special resolution number 1 318 592 550 81.07 0.51 318 575 868 99.99 16 682 0.01 Remuneration of non-executive directors for their service as directors for the 2021 financial year Special resolution number 2 318 593 550 81.07 0.51 318 576 868 99.99 16 682 0.01 General authority to provide financial assistance to subsidiary companies Notes: 1. As a percentage of total ordinary shares in issue. 2. As a percentage of shares voted. Cape Town 23 August 2019 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 23/08/2019 10:05:00 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.