Dealings in securities by an associate of a director of the company DIPULA INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/013963/06) JSE share code: DIB ISIN: ZAE000203394 (Approved as a REIT by the JSE) ("Dipula" or "the Company") DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to the vesting of conditional awards of Dipula ordinary shares awarded to directors on 1 June 2021 in terms of the rules of the Company's approved Conditional Share Plan ("CSP"). On 29 February 2024, Dipula settled the conditional awards which vested with 2 801 056 shares, which were purchased on-market at a price of R4.40 per share for a total value of R12 324 646.40, as detailed below: Name of associate: QVEST Consulting Proprietary Limited ("QVEST") Name of director and relationship to director: Izak Petersen, who is the sole shareholder of QVEST Transaction date: 29 February 2024 Class of securities: Dipula ordinary shares Number of securities: 2 801 056 Value of transaction: R12 324 646.40 Nature of transaction: Off-market vesting of shares in terms of the CSP Nature and extent of director's interest: Indirect beneficial Clearance to trade: Yes 29 February 2024 Sponsor Java Capital Date: 29-02-2024 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.