VESTING OF SHARES AWARDED TO DIRECTORS EMIRA PROPERTY FUND LIMITED Incorporated in the Republic of South Africa (Registration number 2014/130842/06) JSE share code: EMI ISIN: ZAE000203063 JSE bond company code: EMII (Approved as a REIT by the JSE) (“Emira” or “the Company”) VESTING OF SHARES AWARDED TO DIRECTORS Shareholders and noteholders are advised of the following dealings in securities in relation to the vesting of the shares awarded to directors on 21 December 2017 in terms of the Emira Forfeitable Share Plan (“Emira FSP”), as disclosed in the announcement released on SENS on 21 December 2017: Name of executive director: G Jennett Date of vesting: 15 October 2021 Number of shares vested: 126 608 Issue price: Rnil (Free of charge) Notional value of transaction (based R1 220 501.12 on an implied price of R9.64 per share, being the closing price on the date of vesting): Nature of transaction: Off-market vesting of shares in terms of the Emira FSP in accordance with the vesting conditions Class of securities: Ordinary shares Type of interest: Direct beneficial Clearance to deal obtained: Vesting of shares occurs automatically in terms of the Emira FSP Name of executive director: G Booyens Date of vesting: 15 October 2021 Number of shares vested: 84 964 Issue price: Rnil (Free of charge) Notional value of transaction (based R819 052.96 on an implied price of R9.64 per share, being the closing price on the date of vesting): Nature of transaction: Off-market vesting of shares in terms of the Emira FSP in accordance with the vesting conditions Class of securities: Ordinary shares Type of interest: Direct beneficial Clearance to deal obtained: Vesting of shares occurs automatically in terms of the Emira FSP Name of executive director: U van Biljon Date of vesting: 15 October 2021 Number of shares vested: 109 603 Issue price: Rnil (Free of charge) Notional value of transaction (based R1 056 572.92 on an implied price of R9.64 per share, being the closing price on the date of vesting): Nature of transaction: Off-market vesting of shares in terms of the Emira FSP in accordance with the vesting conditions Class of securities: Ordinary shares Type of interest: Direct beneficial Clearance to deal obtained: Vesting of shares occurs automatically in terms of the Emira FSP Bryanston 19 October 2021 Sponsor Questco Corporate Advisory Proprietary Limited Debt Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 19-10-2021 12:28:00 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.