No change statement and notice of AGM Balwin Properties Limited (Incorporated in the Republic of South Africa) Registration number 2003/028851/06 Share code: BWN ISIN: ZAE000209532 (“Balwin” or “the company” or “the group”) No change statement and notice of AGM Shareholders are advised that the group's 2020 integrated annual report, containing the audited summarised consolidated financial statements for the year ended 29 February 2020 and the notice of the annual general meeting, is available on group's website (https://www.balwin.co.za/investor-relations/results-reports-webcasts/financial- reports/integrated-annual-reports/). The integrated annual report contains no modifications to the financial information contained in the audited provisional results which were published on 18 May 2020. There have been no changes to the unqualified auditor’s report which was included in the audited results announcement and made available to shareholders at the company’s registered office on the same date as the release of the audited results. Notice is hereby given that the annual general meeting of ordinary shareholders will be held at the offices of the group, Block 1, Townsend Office Park, 1 Townsend Avenue, Bedfordview on Tuesday, 18 August 2020 at 08h00 to transact the business as stated in the annual general meeting notice, forming part of the integrated annual report. The record date for shareholders to be recorded in the register of Balwin shareholders in order to be able to attend, participate and vote at the annual general meeting is Friday, 7 August 2020. Accordingly, the last date to trade in order to be registered in the Balwin register of shareholders is Tuesday, 4 August 2020. Bedfordview 28 May 2020 Sponsor: Investec Bank Limited Date: 28-05-2020 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.