FORTRESS REAL ESTATE INVESTMENTS LIMITED - Engagement with shareholders on the company's remuneration implementation report

Engagement with shareholders on the company's remuneration implementation report

FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
 JSE share codes:       FFA ISIN: ZAE000248498
                        FFB ISIN: ZAE000248506
Bond company code:      FORI
LEI: 378900FE98E30F24D975
("Fortress" or the "Company")


ENGAGEMENT WITH SHAREHOLDERS ON THE COMPANY'S REMUNERATION IMPLEMENTATION REPORT


Shareholders are referred to the SENS announcement released on 4 December 2023 with regard to the results of
the annual general meeting of the Company held on Friday, 1 December 2023, in which the Company advised that
insufficient shareholder support had been obtained for the non-binding advisory resolution relating to Fortress'
FY2023 remuneration implementation report.

The Company invited dissenting shareholders to submit their reasons for voting against this resolution to the
chairperson of the Remuneration Committee, Edwin Oblowitz, by 31 January 2024, and undertook to host a video
conference call for the purpose of receiving and addressing shareholders' feedback in regard to the Company's
remuneration policies and practices.

Fortress hereby confirms that, in order to fulfil this commitment to shareholders, a video conference call will be
held at 10h00 on Friday, 15 March 2024. The video conference call will be held via Microsoft Teams and
shareholders wishing to participate in the call are requested to email the company secretary at
tamlyn@fortressfund.co.za by close of business on Thursday, 14 March 2024. A link to attend the video
conference call will then be provided to those shareholders wishing to participate in the call.

Shareholders may also submit their comments and concerns with regard to Fortress' FY2023 remuneration
implementation report to the chairperson of the Remuneration Committee at tamlyn@fortressfund.co.za.

5 February 2024


Lead sponsor       Joint sponsor                                   Debt Sponsor
Java Capital       Nedbank Corporate and Investment Banking,       Rand Merchant Bank
                   (a division of Nedbank Limited)                 (a division of First Rand Bank Limited)

Date: 05-02-2024 08:45:00
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