COLLINS PROPERTY GROUP LIMITED - Exercise of Options by Directors

Exercise of Options by Directors

Collins Property Group Limited
(Registration number: 1970/009054/06)
Incorporated in the Republic of South Africa
JSE Share code: CPP ISIN: ZAE000152658
(Approved as a REIT by the JSE)
("Collins" or "the Company")


EXERCISE OF OPTIONS BY DIRECTORS


In compliance with Schedule 9 paragraph 1.9 and paragraphs 6.77 to 6.89 of the Listings Requirements
of the JSE Limited, the following information regarding the exercise of options in terms of the Tradehold
Employee Share Option Scheme ("ESOP") is disclosed:


1.    Name of director:                 Kevin Andrew Searle
      Name of associate of director:    KAS Holdings (Pty) Ltd
      Name of company:                  Collins
      Nature of transaction:            Exercise of options (Off-market)
      Nature of interest:               Direct and Indirect, Beneficial (Mr Searle will transfer the
                                        Collins ordinary shares to his associate, KAS Holdings
                                        (Pty) Ltd, after exercise of the options)
      Class of securities:              Ordinary shares
      Award date(s):                    1 August 2019 and 25 August 2020
      Date(s) of grant:                 26 August 2019 and 25 August 2020
      Date(s) of acceptance:            27 August 2019 and 25 August 2020
      Date of exercise:                 28 May 2026
      Number of options:                67 878 and 235 157
                                        Mr Searle is entitled to 248 207 Collins ordinary shares,
                                        having applied the proceeds of 54 828 Collins ordinary shares
                                        to fund the acquisition price and associated income tax on
                                        vesting.
      Option strike price(s):           R7.22 and R3.73 (repricing of R11.10 option strike prices*)
      VALUE OF TRANSACTION:             R 3 363 689.00
      Expiry date(s):                   26 August 2026 and 25 August 2027
      Clearance obtained:               Yes


2.    Name of director:                 David Coleman
      Name of company:                  Collins
      Nature of transaction:            Exercise of options (Off-market)
      Nature of interest:               Direct, Beneficial
      Class of securities:              Ordinary shares
      Award date:                       1 August 2019 and 25 August 2020
      Date of grant:                    26 August 2019 and 25 August 2020
      Date of acceptance:               28 August 2019 and 25 August 2020
      Date of exercise:                 28 May 2026
      Number of options:                280 000 and 107 384
                                        Mr Coleman is entitled to 93 045 Collins ordinary shares,
                                        having applied the proceeds of 294 339 Collins ordinary
                                        shares to fund the acquisition price and associated income tax
                                        on vesting.
      Option strike price:              R7.22 and R3.73 (repricing of R11.10 option strike prices*)
      VALUE OF TRANSACTION:             R4 299 962.00
      Expiry date:                      27 August 2026 and 24 August 2027
      Clearance obtained:               Yes


3.    Name of director:                 Grant Lang
      Name of company:                  Collins
      Nature of transaction:            Exercise of options (Off-market)
      Nature of interest:               Direct, Beneficial
      Class of securities:              Ordinary shares
      Award date:                       1 August 2019 and 25 August 2020
      Date of grant:                    26 August 2019 and 25 August 2020
      Date of acceptance:               27 August 2019 and 25 August 2020
      Date of exercise:                 28 May 2026
      Number of options:                15 495 and 36 567
                                        Mr Lang is entitled to 16 333 Collins ordinary shares, having
                                        applied the proceeds of 35 729 Collins ordinary shares to fund
                                        the acquisition price and associated income tax on vesting.
      Option strike price:              R7.22 and R3.73 (repricing of R11.10 option strike prices*)
      VALUE OF TRANSACTION:             R 577 888
      Expiry date:                      26 August 2026 24 August 2027
      Clearance obtained:               Yes


4.    Name of director:                 Miguel Borrageiro
      Name of company:                  Saddle Path Props 69 (Pty) Ltd and Colkru Investments (Pty)
                                        Ltd (major subsidiaries of Collins)
      Nature of transaction:            Exercise of options (Off-market)
      Nature of interest:               Direct, Beneficial
      Class of securities:              Ordinary shares
      Award date:                       1 August 2019 and 25 August 2020
      Date of grant:                    26 August 2019 and 25 August 2020
      Date of acceptance:               27 August 2019 and 25 August 2020
      Date of exercise:                 28 May 2026
      Number of options:                15 495 and 32 649
                                        Mr Borrageiro is entitled to 37 173 Collins ordinary shares,
                                        having applied the proceeds of 10 971 Collins ordinary shares
                                        to fund the acquisition price on vesting.
      Option strike price:              R7.22 and R3.73 (repricing of R11.10 option strike prices*)
      VALUE OF TRANSACTION:             R 534 398
      Expiry date:                      26 August 2026 24 August 2027
      Clearance obtained:               Yes


* In terms of Schedule 9 of the JSE Listings Requirements a company's share incentive / option scheme
may provide inter alia, for the adjustment to the amount payable on application or acceptance,
subscription or exercise, as the case may be, in the event that a special dividend is paid. Adjustements
to option prices were therefore made to ensure equitable treatment of ESOP participants in relation to
the payment of the special dividend of R4.34 declared by the board of directors of the Company on
30 August 2022.


29 May 2026
Cape Town


JSE Sponsor to Collins
Questco Corporate Advisory Proprietary Limited

Date: 29-05-2026 03:11:00
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