Changes to the Board New Frontier Properties Limited (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number: 123368C1/GBL) SEM share code: NFP.N0000 JSE share code: NFP ISIN: MU0453N00004 (“New Frontier” or “the Company”) CHANGES TO THE BOARD In compliance with section 3.59 of the Listings Requirements of the Johannesburg Stock Exchange (“JSE”), shareholders are advised that Mr Ali Akbar Ahsan (“Akbar”) has notified the Board of his resignation as an independent non-executive director, with immediate effect. The Board wishes to thank Akbar for his service to New Frontier. The Company will commence with the process of appointing his replacement and shareholders will be advised once an appointment has been made. BY ORDER OF THE BOARD 24 November 2020 This notice is issued pursuant to SEM Listing Rule 11.3, the Mauritian Securities Act 2005 and section 9.20(b) of the JSE Listings Requirements. The Board of Directors of the Company accepts full responsibility for the accuracy of the information contained in this announcement. The Company is dual listed on both the SEM and the Alternative Exchange of the JSE. For further information please contact: JSE SEM Authorised Representative Company Sponsor and Sponsor Secretary AcaciaCap Advisors (Pty) Ltd Perigeum Capital Ltd Vistra (Mauritius) Limited +27 11 480 8500 +230 402 0890 + 230 260 7275 Date: 24-11-2020 08:36:00 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.