SA CORPORATE REAL ESTATE LIMITED - Changes to the board and board committees and extension of the chief executive officers employment contract

Changes to the board and board committees and extension of the chief executive officer’s employment contract

SA CORPORATE REAL ESTATE LIMITED
Incorporated in the Republic of South Africa
(Registration number 2015/015578/06)
Share code: SAC ISIN: ZAE000203238
(Approved as a REIT by the JSE)
(“SA Corporate” or the “Company”)


CHANGES TO THE BOARD AND BOARD COMMITTEES AND EXTENSION OF THE CHIEF EXECUTIVE OFFICER’S EMPLOYMENT CONTRACT


In compliance with paragraph 6.71 of the Listings Requirements of the JSE Limited ("JSE Listings
Requirements"), shareholders are advised of the following changes to the board of directors of SA
Corporate ("Board") and its committees, with effect from 15 September 2026.

Resignation of independent non-executive director

Ms Naidene Ford-Hoon(Fok) has resigned as an independent non-executive director of the Company
in order to focus on other professional engagements.

Consequently, Ms Ford-Hoon(Fok) will also cease to serve as the Company’s lead independent
director, chairman of the Audit and Risk Committee, and as a member of the Investment Committee
and Nomination Committee.

The Board expresses its sincere appreciation to Ms Ford-Hoon(Fok) for her dedicated service,
commitment and valuable contribution to SA Corporate during her tenure of more than seven years
and wishes her every success in her future endeavours.

Changes to Board and Board committee responsibilities

Following Ms Ford-Hoon(Fok)’s resignation, the Board has approved the following changes, with
effect from 15 September 2026:

•   Adv OR Mosetlhi has been appointed as the lead independent director;
•   Ms JA Finn has been appointed as chairman of the Audit and Risk Committee and as a member
    of the Investment Committee and Nomination Committee. Ms Finn will accordingly step down as
    a member of the Social, Ethics and Environmental Committee; and
•   Mr DS Pydigadu has been appointed as a member of the Social, Ethics and Environmental
    Committee.

The composition of the Remuneration Committee remains unchanged.

Following the above changes, the Board and its committees will comprise the following members:

Board

GJ Heron – Chairman and independent non-executive director
OR Mosetlhi – Lead independent director and independent non-executive director
SS Mafoyane – Independent non-executive director
JA Finn – Independent non-executive director
DS Pydigadu – Independent non-executive director
TR Mackey – Chief Executive Officer and executive director
SY Moodley – Chief Financial Officer and executive director

Audit and Risk Committee

JA Finn – Chairman
SS Mafoyane
DS Pydigadu

Remuneration Committee

OR Mosetlhi – Chairman
SS Mafoyane
GJ Heron

Nomination Committee

GJ Heron – Chairman
OR Mosetlhi
JA Finn

Social, Ethics and Environmental Committee

SS Mafoyane – Chairman
OR Mosetlhi
DS Pydigadu

Investment Committee

GJ Heron – Chairman
OR Mosetlhi
JA Finn
TR Mackey

Extension of the Chief Executive Officer’s employment contract

Shareholders are further advised that the employment contract of the Group’s Chief Executive Officer
and executive director, Mr TR Mackey, has been renegotiated, postponing his retirement date to 31
December 2028.


Johannesburg
17 September 2026

Sponsor
Valeo Capital (Pty) Ltd
Date: 17/09/2026 04:50:00
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