Dealings in securities by directors and the company secretary
Directors' dealingsNot material
In brief
Executive directors and the company secretary accepted eight conditional share awards on 30 October 2026 under the Conditional Share Plan and Matched Share Scheme, ranging from 61,449 to 306,022 Fortress B ordinary shares at a deemed price of R24.88, vesting on 30 September 2029.
The announcement
Dealings in securities by directors and the company secretary 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") DEALINGS IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY Shareholders and noteholders are advised of the following information in respect of the acceptance of awards by directors and the company secretary of Fortress in terms of the Company’s Conditional Share Plan ("CSP"). The awards will vest in three years with a vesting date of 30 September 2029, subject to the vesting conditions contained in the rules of the CSP. Shareholders and noteholders are referred to the Remuneration report included in the Integrated Report for the financial year ended 30 June 2026 ("FY2026"), which includes details of the annual CSP awards. The deemed price per security for purposes of accepting the FY2026 CSP awards is R24.88. Name of director and designation: Steven Brown (Chief Executive Officer) Transaction date: 30 October 2026 Class of securities: Fortress B ordinary shares Number of securities: 306 022 Deemed price per security: R24.88 Total value: R7 613 827.36 Nature of transaction: Off-market acceptance of a conditional right to shares in terms of the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director and designation: Ian Vorster (Chief Financial Officer) Transaction date: 30 October 2026 Class of securities: Fortress B ordinary shares Number of securities: 198 869 Deemed price per security: R24.88 Total value: R4 947 860.72 Nature of transaction: Off-market acceptance of a conditional right to shares in terms of the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director and designation: Vuso Majija (Executive Director) Transaction date: 30 October 2026 Class of securities: Fortress B ordinary shares Number of securities: 167 587 Deemed price per security: R24.88 Total value: R4 169 564.56 Nature of transaction: Off-market acceptance of a conditional right to shares in terms of the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of company secretary: Tamlyn Stevens Transaction date: 30 October 2026 Class of securities: Fortress B ordinary shares Number of securities: 85 437 Deemed price per security: R24.88 Total value: R2 125 672.56 Nature of transaction: Off-market acceptance of a conditional right to shares in terms of the CSP Nature and extent of company secretary’s interest: Direct beneficial Clearance to deal received: Yes In addition, shareholders and noteholders are advised of the following information in respect of the acceptance of matching scheme shares by directors and the company secretary of Fortress in terms of the Company’s Matched Share Scheme ("MSS") for FY2026. The matching scheme shares will vest in three years with a vesting date of 30 September 2029. Shareholders and noteholders are referred to the Remuneration report included in the FY2026 Integrated Report, which includes details of the annual MSS awards. The deemed price per security for purposes of accepting the FY2026 MSS awards is R24.88. Name of director and designation: Steven Brown (Chief Executive Officer) Transaction date: 30 October 2026 Class of securities: Fortress B ordinary shares Number of securities: 175 271 Deemed price per security: R24.88 Total value: R4 360 742.48 Nature of transaction: Off-market acceptance of a conditional right to shares in terms of the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director and designation: Ian Vorster (Chief Financial Officer) Transaction date: 30 October 2026 Class of securities: Fortress B ordinary shares Number of securities: 146 024 Deemed price per security: R24.88 Total value: R3 633 077.12 Nature of transaction: Off-market acceptance of a conditional right to shares in terms of the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director and designation: Vuso Majija (Executive Director) Transaction date: 30 October 2026 Class of securities: Fortress B ordinary shares Number of securities: 134 789 Deemed price per security: R24.88 Total value: R3 353 550.32 Nature of transaction: Off-market acceptance of a conditional right to shares in terms of the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of company secretary: Tamlyn Stevens Transaction date: 30 October 2026 Class of securities: Fortress B ordinary shares Number of securities: 61 449 Deemed price per security: R24.88 Total value: R1 528 851.12 Nature of transaction: Off-market acceptance of a conditional right to shares in terms of the CSP Nature and extent of company secretary’s interest: Direct beneficial Clearance to deal received: Yes 2 November 2026 Lead equity sponsor Debt sponsor and joint equity sponsor Java Capital Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 02/11/2026 11:15:00 Produced by the JSE SENS Department. 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