Delta Property Fund Limited · JSE:DLT

Delta Property Fund — Eastern Cape Property Conference 2022

18 slides from Delta Property Fund's conference presentation, Mar 31, 2022

1. Slide 1: Case Study: Delta's 10-year journey & the role of key stakeholders

   EASTERN CAPE PROPERTY CONFERENCE 31 MARCH 2022 CASE STUDY: Delta’s 10-year journey & the role of key stakeholders to ensure success! By: Siyabonga Mbanjwa www.deltafund.co.za

2. Slide 2: Agenda

   01 Introduction AGENDA A Case Study: Delta’s 10-Year Journey - - Snapshot Top 10 properties by value 02 - Geographical and Sectoral Split - Representation by province - Timeline over 10-year period - The next 10 years The Role of Key Stakeholders to Ensure Success 03 - - The role of government The r

3. Slide 3: Introduction

   ABSA UNITED INTRODUCTION

4. Slide 4: Introduction

   INTRODUCTION REGENTS PLACE  Property can play a critical role in stimulating economic activity & addressing SA’s triple challenges of inequality, poverty & unemployment.  Government’s sources of income are not unlimited whereas government is the largest property owner in the country.  It is comme

5. Slide 5: A Case Study on Delta's 10-Year Journey

   AFRICAN LIFE A CASE STUDY ON DELTA’S 10-YEAR JOURNEY

6. Slide 6: Snapshot (August 2021): Introduction to Delta

   SNAPSHOT (AUGUST 2021): INTRODUCTION TO DELTA Value of Gross Sovereign underpinned investment property lettable area JSE listed SA REIT R8.3bn 904 528m2 81.6% (Feb 2021: R8.2bn) (Feb 2021: 909 984m2) by GLA (Feb 2021 : 81.3%) SA REIT net asset value per share Collections BBBEE R5.23 (Feb 2021: R5.06

7. Slide 7: Top 10 Properties

   TOP 10 PROPERTIES POYNTONS FORUM BUILDING HALLMARK BUILDING ISIVUNO HOUSE HENSA TOWERS LOCATION: Pretoria LOCATION: Pretoria LOCATION: Pretoria LOCATION: Pretoria LOCATION: Polokwane SECTOR: Office - Sovereign SECTOR: Office - Sovereign SECTOR: Office - Sovereign SECTOR: Office - Sovereign SECTOR: O

8. Slide 8: Geographical and Sectoral Split

   SA EAGLE GEOGRAPHICAL AND SECTORAL SPLIT 8

9. Slide 9: Representation by Province

   REPRESENTATION BY PROVINCE BUILDINGS REPRESENTED BY PROVINCE South African Properties Total GLA – 909 984m2

10. Slide 10: 10-Year Overview

    10-YEAR OVERVIEW Portfolio just under Raised R680 million to Significant corporate governance & 1 000 000 m2 of GLA. Raised R1.6 billion pay down bridging COVID-19 challenges overcome. Refinanced R462 Significant progress for acquisitions. facilities. Established a New interim executive team. millio

11. Slide 11: The Next 10 Years

    NEW HEIGHTS! Greater THE NEXT 1O YEARS returns for investors & 2032 satisfied customers 2031 2029 2030 Strengthened balance sheet; Lower LTV; 2027 Optimised 2028 portfolio 2025 2022 2023 2026 2024 Implementation of strategy; strengthened management Growth pursued team & the board; improved governanc

12. Slide 12: The Role of Key Stakeholders to Ensure Success

    DELTA HOUSE THE ROLE OF KEY STAKEHOLDERS TO ENSURE SUCCESS

13. Slide 13: The Role of Government

    THE ROLE OF GOVERNMENT  As largest property owner in the country, use property as a vehicle to address triple challenges of inequality, poverty & unemployment.  Provide opportunities for the private sector (property sale, land leases, development leases, property lease, lease-back etc).  When mak

14. Slide 14: The Role of the Private Sector

    THE ROLE OF THE PRIVATE SECTOR  Cease opportunities by sourcing & submitting credible, realistic & professional proposals!  Be innovative & solutions orientated.  Deliver!  Pass on opportunities to others that need them & contribute to addressing triple challenges! 14

15. Slide 15: The Role of Lenders

    THE ROLE OF LENDERS  Be more innovative & solutions orientated.  Deliver more on goals of the Financial & Property Sector Charters.  Be more inclusive! Support new entrants, emerging & established property players.  Accept that “who is the jockey” not always the most appropriate method to determ

16. Slide 16: Conclusion

    CONCLUSION FORUM BUILDING

17. Slide 17: Conclusions

    CONCLUSIONS NPA CAPE TOWN  Delta was started by black people in order to break barriers to entry into the property industry & transform the industry in general. Achieved but slow.  Whilst Delta has had challenges most recently, the Delta story is inspiring & should give hope!  Delta can reach eve

18. Slide 18: Thank You

    REGENTS PLACE THANK YOU Contact details: Siyabonga Mbanjwa CEO E-mail: Siyabonga.Mbanjwa@deltafund.co.za Tel: 087 803 3582 www.deltafund.co.za 18

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