ACCELERATE PROPERTY FUND LIMITED - Change to the board of directors

Change to the board of directors

ACCELERATE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 2005/015057/06)
JSE code: APF ISIN code: ZAE000185815
(REIT status approved)
(“Accelerate” or “the Company”)

Change to the board of directors

The board of directors of Accelerate is pleased to advise that Mr Dawid Wandrag, who was appointed
an independent non-executive director of Accelerate on 1 May 2019, has agreed to join the Company’s
management team as an executive director with immediate effect.

During these unprecedented and uncertain times, Dawid’s 35 year banking, real estate and risk
experience will be invaluable for the management team to draw from. Dawid’s knowledge of the
property sector is extensive and he is recognised by the industry as an accomplished senior executive.

Dawid served at RMB as a director of Eris Property Fund (RMB Properties) and was head of credit risk,
valuations, legal risk and recoveries at RMB Private Bank. Dawid held similar positions at Investec, and
was chairman of the FirstRand Property Finance Committee.

Fourways
31 March 2020

Sponsor
The Standard Bank of South Africa Limited

Date: 31-03-2020 05:30:00
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