ACCELERATE PROPERTY FUND LIMITED - Posting of circular regarding Cedar Square disposal

Posting of circular regarding Cedar Square disposal

ACCELERATE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 2005/015057/06)
JSE code: APF ISIN code: ZAE000185815
Bond company code: APFE
LEI: 378900D514788C447E45
(REIT status approved)
(Listed in the General Segment)
("Accelerate" or the “Company")


POSTING OF CIRCULAR REGARDING CEDAR SQUARE DISPOSAL


Shareholders and noteholders are referred to the announcement released on SENS on
15 September 2026 regarding the disposal by Accelerate of the property known as Cedar Square, which
constitutes a category 1 transaction in terms of the JSE Listings Requirements (the "Cedar Square
Transaction"), and are advised that Accelerate has, on Friday, 13 November 2026 issued a circular (the
“Circular”) regarding the Cedar Square Transaction.

A copy of the Circular is available on Accelerate’s website at
https://www.acceleratepf.co.za/investor-centre/circulars/

A General Meeting of Shareholders will take place at the registered offices of Accelerate (Cedar Square
Shopping Centre, Management Office, 2nd floor, Cnr Willow Ave and Cedar Rd, Fourways,
Johannesburg 2055) at 10:00 on Tuesday, 15 December 2026 (or any other adjourned or postponed
date and time in accordance with the provisions of section 64(11) of the Companies Act and the MOI,
as read with the JSE Listings Requirements), to consider and if deemed fit, approve the Cedar Square
Transaction.

The salient dates and times for the Cedar Square Transaction are as follows:
                                                                                                2026
 Record date for determining which Shareholders will be entitled to receive
                                                                                  Friday, 6 November
 this Circular
 Circular and notice of General Meeting posted to Shareholders and
                                                                                 Friday, 13 November
 announcement released on SENS
 Last day to trade in order to be eligible to participate in and vote at the
                                                                                 Tuesday, 1 December
 General Meeting
 Record date to be eligible to attend and vote at the General Meeting             Friday, 4 December
 Last day to lodge forms of proxy for the General Meeting by 10:00 (for
                                                                                 Monday, 14 December
 administrative purposes only)
 General Meeting held at 10:00                                                  Tuesday, 15 December
 Results of the General Meeting released on SENS                                Tuesday, 15 December

Notes:
    1. All of the above dates and times are subject to change. Any changes made will be notified to
       Shareholders by release on SENS.
    2. All times given in this annnouncement are local times in South Africa.
    3. No dematerialisation or rematerialisation of Accelerate Shares may take place between
       Wednesday, 2 December 2026 and Friday, 4 December 2026, both days inclusive.


Fourways
13 November 2026

Equity and Debt Sponsor
Questco Corporate Advisory
Date: 13/11/2026 03:00:00
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