Disclosure of Significant Holding of Burstone Ordinary Shares Burstone Group Limited Approved as a REIT by the JSE (Incorporated in the Republic of South Africa) (Registration Number 2008/011366/06) Share code: BTN ISIN: ZAE000180915 Bond Code: BTNI ("Burstone" or "the Company") DISCLOSURE OF SIGNIFICANT HOLDING OF BURSTONE ORDINARY SHARES In compliance with Section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended ("Companies Act") and paragraph 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are advised of the following: Investec Limited notified the Company that its direct shareholding and the discretionary accounts under its management have decreased their overall holding in the Company, such that their total interest in the Company now amounts to 21.70629 % of the total issued shares of the Company. As required by section 122(3)(a) of the Companies Act, Burstone has filed the required notice with the Takeover Regulation Panel. In making this announcement, the Burstone board has relied on the accuracy of the information contained in the notification from Investec Limited and accepts responsibility for such information as it relates to the Company. The board confirms that to the best of its knowledge and belief, this information is true and does not omit anything likely to affect the importance of this disclosure. Johannesburg 29 November 2024 JSE Debt and Equity Sponsor: Investec Bank Limited Date: 29-11-2024 03:54:00 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.