FORTRESS REAL ESTATE INVESTMENTS LIMITED - Changes to the board of directors and board committees

Changes to the board of directors and board committees

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


CHANGES TO THE BOARD OF DIRECTORS AND BOARD COMMITTEES


In order to bolster the capacity of the board of directors of Fortress (the "board") and to enhance future succession
planning of the audit committee, Fortress is pleased to announce the appointment of Ms Sharron Venessa Naidoo
("Venessa") as an independent non-executive director of the Company, as member of the audit committee and as
member of the risk committee with effect from 20 March 2025.

Venessa has over 30 years' experience in business, finance and start-ups and has held executive directorships and
key financial roles in telecoms, media and entertainment, retail and investment companies. In her most recent
executive leadership role, she served as a director and chief financial officer of Smile Telecoms Holdings Limited
until 2020. She is an independent non-executive director of OUTsurance Group Limited, RFG Holdings Limited
and Lesaka Technologies Inc. and serves on each of their respective audit and risk committees.

The board welcomes Venessa and looks forward to her contribution to the Company.

24 March 2025


Lead sponsor                                              Debt sponsor and joint equity sponsor
Java Capital                                              Nedbank Corporate and Investment Banking, 
                                                          a division of Nedbank Limited

Date: 24-03-2025 03:15:00
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.