Changes to functions of directors INDLUPLACE PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/226082/06) JSE share code: ILU ISIN: ZAE000201125 (Approved as a REIT by the JSE) (“Indluplace” or “the company”) CHANGES TO FUNCTIONS OF DIRECTORS Shareholders are advised of changes to the functions of the following directors: - Ayesha Rehman has been appointed Lead Independent Director; - Nindiphiwe Tetyana has been appointed to the Audit and Risk Committee; and - Taffy Adler has been appointed as the Chairman of the Nomination Committee. 5 December 2019 Sponsor Java Capital Date: 05-12-2019 05:49:00 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.