Notification in terms of section 45(5), change in function of director and availability of B-BBEE compliance report
Notification in terms of section 45(5), change in function of director and availability of B-BBEE compliance report FORTRESS REIT 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 (Approved as a REIT by the JSE) (“the Company”) NOTIFICATION IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT 71 OF 2008, CHANGE IN FUNCTION OF DIRECTOR AND AVAILABILITY OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE REPORT NOTIFICATION IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT 71 OF 2008 In terms of the provisions of section 45(5)(a) of the Companies Act, 71 of 2008 and pursuant to the special resolution passed at the annual general meeting of the Company held on 24 November 2020 authorising the board of directors of Fortress (“the board”) to provide direct or indirect financial assistance to related and inter-related companies, notification is hereby given that the board adopted a resolution authorising Fortress to provide financial assistance to related and inter-related companies of Fortress, which financial assistance exceeds one-tenth of one percent of the Company’s net worth. CHANGE IN FUNCTION OF DIRECTOR Shareholders and noteholders are further advised that independent non-executive director Mr Bram Goossens, has been appointed to the Company’s remuneration committee with effect from 1 September 2021, in order to utilise Bram’s experience in managing a REIT to the fullest extent. AVAILABILITY OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE REPORT Shareholders are hereby notified that in accordance with the JSE Listings Requirements, Fortress’ annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, has been published and is available on the Company’s website: https://cmsignition.co.za/download/files_1184/B- BBEECertificate30June2021.pdf. 2 September 2021 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: 02-09-2021 03:00:00 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.