Change in composition of the board committees 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”) Change in composition of the board committees In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of directors of the company (“the Board”) wishes to advise shareholders that Messrs Stephen Brookes (CEO) and Jonathan Weltman (CFO) were appointed as members to the social, ethics and transformation committee of the group and that Ms Thoko Mokgosi-Mwantembe was appointed to the remuneration and nominations committee of the group. Both appointments would be effective from 18 June 2020. Bedfordview 18 June 2020 Sponsor: Investec Bank Limited Date: 18-06-2020 10:44:00 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.