BALWIN PROPERTIES LIMITED - Changes to the Board of Directors: Resignation of Ronen Zekry as Independent Non- Executive Director

Changes to the Board of Directors: Resignation of Ronen Zekry as Independent Non- Executive Director

Balwin Properties Limited
(Incorporated in the Republic of South Africa)
Registration number 2003/028851/06
Share code: BWN
ISIN: ZAE000209532
(“Balwin” or “the Company”)

CHANGES TO THE BOARD OF DIRECTORS: RESIGNATION OF RONEN ZEKRY AS INDEPENDENT NON-
EXECUTIVE DIRECTOR

In accordance with section 3.59 of the JSE Limited Listings Requirements, shareholders are
advised that, after serving 8 years on the Board, Mr Ronen Zekry has resigned as an
independent non-executive director of the board of directors (“the Board”) with effect from
24 August 2023 to focus on existing business opportunities in his personal capacity.

The Company would like to express its sincere appreciation to Mr Zekry for his valuable role
and significant contribution to Balwin since 2015 as well as his involvement in the transition of
Balwin to a JSE-listed Company. Mr Zekry had also served as a member of the Remuneration
and Nominations Committee, the Transaction Committee as well as the Treasury Committee.


Corlett Drive
24 August 2023

Sponsor:
Investec Bank Limited

Date: 24-08-2023 12:19:00
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