Dealings in securities by directors Stor-Age Property REIT Limited Incorporated in the Republic of South Africa Registration number 2015/168454/06 Share Code: SSS ISIN: ZAE000208963 Approved as a REIT by the JSE (“Stor-Age” or the "Company") DEALINGS IN SECURITIES BY DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information in respect of directors’ dealings is disclosed: Executive director : S C Lucas Company : Stor-Age Property REIT Limited Nature of transactions : On-market sale of shares Class of securities : Ordinary shares Date of transaction : 18 January 2021 Price per security (cents) : 1 380 Number of securities : 54 Total value : R745.20 Executive director : S C Lucas Company : Stor-Age Property REIT Limited Nature of transactions : On-market sale of shares Class of securities : Ordinary shares Date of transaction : 19 January 2021 Price per security (cents) : 1 380 Number of securities : 99 946 Total value : R1 379 254.80 Executive director : S C Lucas Company : Stor-Age Property REIT Limited Nature of transactions : On-market sale of shares Class of securities : Ordinary shares Date of transaction : 20 January 2021 Price per security (cents) : 1 390 Number of securities : 150 000 Total value : R2 085 000.00 Executive director : G M Lucas Company : Stor-Age Property REIT Limited Nature of transactions : On-market sale of shares Class of securities : Ordinary shares Date of transaction : 19 January 2021 Price per security (cents) : 1 380 Number of securities : 150 000 Total value : R2 070 000.00 Nature of interest : Direct beneficial Clearance obtained : Yes Executive director : G M Lucas Company : Stor-Age Property REIT Limited Nature of transactions : On-market sale of shares Class of securities : Ordinary shares Date of transaction : 20 January 2021 Price per security (cents) : 1 390 Number of securities : 150 000 Total value : R2 085 000.00 Nature of interest : Direct beneficial Clearance obtained : Yes Executive director : S J Horton Company : Stor-Age Property REIT Limited Nature of transactions : On-market sale of shares Class of securities : Ordinary shares Date of transaction : 19 January 2021 Price per security (cents) : 1 380 Number of securities : 150 000 Total value : R2 070 000.00 Nature of interest : Direct beneficial Clearance obtained : Yes Executive director : S J Horton Company : Stor-Age Property REIT Limited Nature of transactions : On-market sale of shares Class of securities : Ordinary shares Date of transaction : 20 January 2021 Price per security (cents) : 1 390 Number of securities : 150 000 Total value : R2 085 000 Nature of interest : Direct beneficial Clearance obtained : Yes All of the above transactions, by the three executive directors of Stor-Age, relate to the sale of shares acquired in terms of the Stor-Age Property REIT Limited Share Purchase And Option Scheme (the “Scheme”). The proceeds from the sales are to be used to settle their respective loan obligations in terms of the the Scheme. The Scheme has been superseded by a Conditional Share Plan adopted by shareholders in February 2019. Cape Town 22 January 2021 Sponsor Investec Bank Limited Date: 22-01-2021 09:45:00 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.