Delta Property Fund Limited announced appointment of Tshepo Matlala and Solly Mboweni as independent non - executive directors to the board of the Company (the "Board") with effect from 26 June 2024. Tshepo Matlala graduated with a BA (Law) from the University of Fort Hare and is a seasoned and strategic businessman who has been involved in property transactions in South Africa, Kenya and Mozambique, with a career spanning 27 years. He has invested in, owned and managed industrial, and retail properties.

Solly Mboweni has a tenure of 30 years in the property/real estate sector. His experience includes property finance, valuations, asset management and property developments. He has worked in funds involved in the office, retail, industrial and hotel sectors.

His qualifications include a BCom, a Post Graduate diploma in Property Development and Management, a Property Valuations Diploma and a Diploma in Bank Credit Management. Shareholders are advised that the Board has resolved that, subsequent to the appointment of Messrs Tshepo Matlala and Solly Mboweni, to implement the following changes to the Company's board committees, with effect from 26 June 2024: Audit Committee: Mrs. Sindi Zilwa, Mr. Brett Copans, Mr. Solly Mboweni. Risk and Compliance Committee: Mrs. Sindi Zilwa, Ms. Sibongile Masinga, Mr. Brett Copans, Mr. Tshepo Matlala.

Remuneration Committee: Ms Phumzile Langeni, Mr. Solly Mboweni, Mrs. Sindi Zilwa.