HYPROP INVESTMENTS LIMITED - Notification in terms of section 45(5) of the Companies Act 71 of 2008

Notification in terms of section 45(5) of the Companies Act 71 of 2008

HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
JSE bond issuer code: HYPI
(Approved as a REIT by the JSE)
("Hyprop" or "the Company")


NOTIFICATION IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT 71 OF 2008


Notice is hereby given to shareholders of Hyprop in terms of section 45(5) of the Companies Act, No 71 of 2008, as
amended ("Companies Act"), that pursuant to the special resolution passed at the annual general meeting of the
Company held on 27 November 2025 authorising the board of directors of the Company ("the Board") to provide direct
or indirect financial assistance to a related or inter-related company, the Board adopted a resolution authorising the
Company to provide financial assistance in terms of section 45 of the Companies Act ("financial assistance") to Balkan
Retail N.V ("Balkan Retail"), a wholly-owned subsidiary of the Company, in the amount of €55 million. The financial
assistance, which exceeds one tenth of one percent of the Company's net worth, relates to the refinancing of Euro
denominated borrowings by Balkan Retail (which were previously guaranteed by the Company) and new guarantees
provided by the Company to the new lender in respect of the refinanced borrowings.

At the time of adopting the aforementioned resolution, the Board confirmed that, after considering the reasonable
foreseeable financial circumstances of the Company, it is satisfied that, immediately after providing the financial
assistance, the Company would satisfy the solvency and liquidity test, as contemplated by Section 4 of the Companies
Act and that the terms under which such financial assistance is given are fair and reasonable to the Company.

30 March 2026


Sponsor
Java Capital

Date: 30-03-2026 03:45:00
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