Notice of annual general meeting and proxy form INVESTEC AUSTRALIA PROPERTY FUND Established in Australia and registered with ASIC as a managed investment scheme (ARSN 162 067 736) and operated by Investec Property Limited (ACN 071 514 246; AFSL 290 909) (Responsible Entity) Registered as a foreign collective investment scheme in terms of the Collective Investment Schemes Control Act No. 45 of 2002 Unit code: IAP ISIN: AU0000046005 (IAP or the Fund) NOTICE OF ANNUAL GENERAL MEETING AND PROXY FORM Notice is given that an annual general meeting (AGM) of unitholders of the Fund will be held on: Time: 17:00 (Sydney time) / 09:00 (Johannesburg time) Date: Thursday, 13 August 2020 Due to the COVID-19 pandemic the AGM will be held virtually. For details of how unitholders can participate in the AGM online please refer to the notice of AGM available at the link below. The record date to be entitled to receive the notice of AGM will be Friday, 3 July 2020. Due to the public holiday on Monday, 10 August 2020, the last day to trade on the JSE in order to participate and vote at the AGM will be Wednesday, 5 August 2020. The record date to participate in and vote at the AGM will be Tuesday, 11 August 2020 at 11.00 and the last day to lodge a proxy form for the AGM for administrative purposes will be on Tuesday, 11 August 2020 at 09.00. All times referred in this announcement are local times in South Africa, unless otherwise stated. Any variation of the above dates and times will be released on SENS. A copy of the notice of AGM and proxy form will available for inspection by unitholders using the following link: https://www.asx.com.au/asx/share-price-research/company/IAP Johannesburg 10 July 2020 Investment Bank and Sponsor Investec Bank Limited Date: 10-07-2020 08:59:00 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.