Attacq Management Services Proprietary Limited

Attacq is a premier property company that delivers exceptional and sustainable growth. The company’s strategic focus is on property investment and development, which it achieves through the following four key drivers: 1. Attacq is the owner of a quality South African property portfolio Attacq has investments in the following four market sectors: Retail, Office, Industrial and Hotel Attacq focuses on investing in quality assets (buildings) due to their defensive nature when the economy is under pressure One of our most valuable assets, is the super-regional mall in Waterfall City, the Mall of Africa, in which we hold an 80% interest Other notable buildings in the portfolio are the Lynnwood Bridge Precinct and Glenfair Boulevard in Pretoria, Garden Route Mall in George, MooiRivier Mall in Potchefstroom and the Cell C Campus in the Waterfall Logistics Hub 2. Attacq has the development rights in the Waterfall City and Logistics Hub, creating the company’s development pipeline Attacq has 975 468 m² of remaining developable bulk in Waterfall. This bulk is ungeared and approximately 600 000 m² is already serviced and immediately available for roll out of commercial, residential and industrial developments. The benefits of the Waterfall area are its central location between Pretoria and Johannesburg and easy access to major transport routes via the Allandale interchange on the N1 Over the last six months the Waterfall team have concluded a total amount of 92 456m² of leases for new offices and industrial space. With five buildings having been completed during the reporting period, the development pipeline within the Waterfall portfolio remains strong River Creek, Deloitte’s new head offices, of around 43 000 m² is currently under construction and planned for completion in the first quarter of 2020 The Waterfall Logistics Hub has a strong development pipeline and in early 2018 construction has commenced on Pirtek and a speculative warehouse 3. Attacq has a strategic investment in the off-shore company called MAS Real Estate Inc Attacq holds a strategic investment of more than 22.7% in MAS as at 31 December 2017 MAS’ strategy is to increase their distributions to shareholders by more than 30% per annum Historically MAS invested in Western Europe and have expanded their investment and development strategy to include Central and Eastern Europe. Their recent acquisitions include properties in countries such as Poland and Bulgaria 4. Retail investments in the rest of Africa Attacq’s African investments are held via its: 25.0% shareholding in Gruppo investment Nigeria Limited (“Gruppo”), the owner of Ikeja City Mall located in Lagos, Nigeria 31.8% shareholding in AttAfrica Limited (“AttAfrica”), which is invested in five properties in Ghana and Zambia