Results of Redefine offer

EPP N.V.
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
LEI Code: 7245003P7O9N5BN8C098
("EPP" or the "Company")

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constitute a violation of the securities laws of any such jurisdiction.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy securities,
nor shall there be any sale of the securities described herein, in any jurisdiction, in which such offer,
solicitation or sale would be unlawful prior to registration or qualification under the securities laws
of such jurisdiction or without an exemption from the registration or qualification requirements
under the securities laws of such jurisdiction.

With respect to any Member State of the European Economic Area or the United Kingdom (each a
"Relevant State"), no action has been undertaken or will be undertaken to make an offer to the public
of securities requiring publication of a prospectus in any Relevant State. As a result, securities may
only be offered in Relevant States: (i) to any legal entity which is a "qualified investor" as defined in
Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the
prospectus to be published when securities are offered to the public or admitted to trading on a
regulated market (the "Prospectus Regulation"); or (ii) in any other circumstances falling within
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requirement for the publication of a prospectus pursuant to Article 3 of the Prospectus Regulation
and each person who initially acquires securities or to whom any offer is made will be deemed to have
represented, warranted and agreed that it is a "qualified investor" within the meaning of the
Prospectus Regulation. For these purposes, the expression "Prospectus Regulation" includes
Regulation (EU) 2017/1129 as it forms part of United Kingdom domestic law by virtue of the EUWA.

This announcement contains information as defined in Article 7(1) of Regulation (EU) 596/2014 of
16 April 2014 (the Market Abuse Regulation).


RESULTS OF REDEFINE OFFER


EPP shareholders are referred to the previous announcements released on SENS (the last of which
was released on 3 March 2022) and the circular issued to shareholders dated 17 December 2021
(the "circular") relating to, inter alia, (i) the proposed termination of the listing of EPP from the
main board of the JSE and the official list of the Luxembourg Stock Exchange ("LuxSE") and the
approval of a delisting resolution in terms of paragraph 1.15(a) of the JSE Listings Requirements
(the "delisting"), (ii) a general offer by Redefine Properties Limited ("Redefine") to acquire all
EPP shares that it does not already own (other than those held by I Group Consolidated Holdings
Proprietary Limited and its subsidiaries (collectively "I Group") and any EPP shareholders who
are unable to accept the Redefine offer) in exchange for Redefine shares at a swap ratio of 2.70
Redefine shares per EPP share acquired (the "Redefine offer"), and (iii) the specific repurchase
of 74 993 917 EPP shares held by I Group in exchange for shares in EPP Community Properties
(the "I Group EPP share repurchase").

EPP shareholders are advised that the Redefine offer closed at 12:00 (SA time) on Friday,
4 March 2022. The Redefine offer was accepted in respect of 381 651 727 EPP shares,
representing 90.79% of all EPP shares in issue (excluding those EPP shares held by Redefine and
I Group). Following the implementation of the Redefine offer and the I Group EPP share
repurchase, Redefine will hold 794 220 512 EPP shares, representing 95.35% of EPP shares in
issue.

The listing of EPP shares on the main board of the JSE and the official list of the LuxSE will be
terminated at the commencement of trade on Tuesday, 8 March 2022.

7 March 2022


JSE sponsor and corporate advisor
Java Capital

Luxembourg Stock Exchange Listing Agent
Harneys

For more information:

Curwin Rittles, Investor Relations, EPP
Mobile: +48 885 982 310
Curwin.rittles@epp-poland.com

Java Capital, JSE Sponsor
Phone: +27 (0)78 456 9999

Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent
Phone: +352 27 86 71 02

Singular Systems IR
Michèle Mackey
+27 (0)10 003 0700/+27 (0)82 497 9827
michele@singular.co.za

Date: 07-03-2022 02:02:00
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