COVID-19 update EPP N.V. (Incorporated in The Netherlands) (Company number 64965945) JSE share code: EPP ISIN: NL0011983374 LEI code: 7245003P7O9N5BN8C098 (“EPP” or “the company”) COVID-19 UPDATE Shareholders are advised that on 14 January 2021 the Polish government signed a decree extending the current lockdown restrictions in place by two weeks, until 31 January 2021. Although the majority of existing regulations including the limitation on the operations of shopping centres and retail locations have been extended, Polish authorities took an important step towards easing restrictions by allowing children aged 6-9 years to return to school. The operations of all Polish shopping centres and retail locations measuring over 2,000 sqm of retail space will continue to be limited temporarily between 18 and 31 January 2021. Grocers, DIY stores, furniture stores, pharmacies, cosmetics shops, pet stores, bookstores, service points and stands will all be able to continue trading. Restaurants and food & beverage operators located in shopping malls will continue to operate on a delivery or take-away only basis. The GLA of EPP’s retail portfolio that remains operational is approximately 30%. EPP continues to meet and exceed the health and sanitary standards required by the Polish government to ensure its shopping malls are safe for its customers, tenants, and staff. As the pandemic progresses in different parts of Europe, regulations currently imposed in Poland are aimed to protect the society from the increase in the COVID-19 infections and to allow for a smooth implementation of the vaccination programme, which started in Poland on 27 December 2020. The regulations announced by the Polish government remain relatively lenient compared to the restrictions imposed in other European states and as of today the Polish government does not see the need to further strengthen restrictions that are currently in place. The Polish government is also in the final stages of approving an additional financial aid package which will be aimed at supporting affected sectors. The company is well capitalised to navigate through this period, as evidenced by its most recent market updates. EPP will continue to monitor the situation and communicate updates to the market. 15 January 2021 JSE Sponsor Java Capital Luxembourg Stock Exchange Listing Agent Harneys Luxembourg For more information: Curwin Rittles, Investor Relations, EPP Mobile: +48 885 982 310 Curwin.rittles@epp-poland.com Java Capital, JSE Sponsor Phone: +27 11 722 3050 Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent Phone: +352 27 86 71 02 Singular Systems IR Michèle Mackey +27 (0)10 003 0700/+27 (0)82 497 9827 michele@singular.co.za Date: 15-01-2021 05:15:00 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.