Dealings in securities by Executive Directors and Prescribed Officers: Acceptance of Long-Term Incentive Share Award Balwin Properties Limited (Incorporated in the Republic of South Africa) Registration number 2003/028851/06 Share code: BWN ISIN: ZAE000209532 (“Balwin” or “the Group” or “the Company”) DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS AND PRESCRIBED OFFICERS: ACCEPTANCE OF LONG-TERM INCENTIVE SHARE AWARDS In compliance with the JSE Listings Requirements, shareholders are advised that bonus shares have been awarded to executive directors and prescribed officers of the Company as pertaining to the financial year ended 28 February 2022. The bonus shares were awarded on 1 July 2022 in terms of the Company’s conditional share plan (“CSP”). Details of the CSP are included in the Remuneration Report contained in the Group’s Integrated Annual Report. In compliance with rules 3.63 to 3.66 of the JSE Listings Requirements, the following information is disclosed: Directors of Balwin Properties Limited Name of director: Stephen Volker Brookes Designation: Chief Executive Officer Name of company: Balwin Properties Limited Date of acceptance: 4 August 2022 Number of shares: 1 716 640 Deemed price: R2.8819 Total value: R4 947 268 Nature of transaction: Off-market acceptance of CSP awards Nature of interest: Direct beneficial Clearance obtained: Yes Name of prescribed officer: Rodney Norman Gray Designation: Managing Director Name of company: Balwin Properties Limited Date of acceptance: 4 August 2022 Number of shares: 1 408 976 Deemed price: R2.8819 Total value: R4 060 595 Nature of transaction: Off-market acceptance of CSP awards Nature of interest: Direct beneficial Clearance obtained: Yes Name of director: Jonathan Bigham Designation: Chief Finance Officer Name of company: Balwin Properties Limited Date of acceptance: 4 August 2022 Number of shares: 315 273 Deemed price: R2.8819 Total value: R908 600 Nature of transaction: Off-market acceptance of CSP awards Nature of interest: Direct beneficial Clearance obtained: Yes Name of prescribed officer: Ulrich Gschnaidtner Designation: Chief Projects Officer Name of company: Balwin Properties Limited Date of acceptance: 4 August 2022 Number of shares: 1 087 824 Deemed price: R2.8819 Total value: R3 135 052 Nature of transaction: Off-market acceptance of CSP awards Nature of interest: Direct beneficial Clearance obtained: Yes Corlett Drive 5 August 2022 Sponsor Investec Bank Limited Date: 05-08-2022 05:02:00 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.