Fairvest Property Holdings Limited - LEADERSHIP AND MANAGEMENT

LEADERSHIP AND MANAGEMENT

Board members are as follows:

Jacques du Toit (age 43) – Non-executive Chairman

Jacques has been on the Fairvest board as a non-executive director since October 2007. Jacques is a Chartered Financial Analyst and has been involved in the financial services industry since joining HSBC Simpson McKie as a stockbroker in 1998. He joined the portfolio management side at HSBC in 2003 and headed up the investment process until 2005 when he joined Investec Securities Limited as senior portfolio manager. In August 2008 he jointly set up a financial services company, Cohesive Capital. He serves as a director on the boards of a number of private companies.

Darren Wilder (age 45) – Chief Executive Officer

Darren worked for Seeff Properties in various positions from 1991 until 1997. During 1997 he was appointed to the board of the then JSE-listed company Capital Alliance Properties and was a participant in its management buy-out. Darren co-founded Spearhead Property Group and was part of the team that listed the company on the JSE. He was appointed COO in 1999. Darren’s work experience also includes national leasing director for Madison Properties, business development director of the V&A Waterfront and also a consultant to the chief executive officer of the V&A Waterfront.

Jacques Kriel (age 35) – Chief Financial Officer

Jacques was the CEO and financial director of Fairvest from February 2010 to November 2012. Jacques is qualified as a Chartered Accountant with experience in auditing at Ernst & Young London and he was prior to joining Fairvest responsible for the financial reporting of the United Kingdom's Foreign Currency Reserves at the Bank of England.

Adam Marcus (age 41) – Chief Operating Officer

Adam graduated in 1995 from the University of Cape Town with a BSc (CM) after which he joined Golding Commercial. During his time with Golding Commercial, he headed up the investment sales division, structuring investment and development transactions. During 1999, he founded Gateway Property Developments, which has a 12-year track record of delivering commercial property developments.

Louis Andrag (age 41) – Lead Independent Non-executive Director

Louis obtained his BEng and MBA degrees from the University of Stellenbosch. He joined a private company in the agricultural industry in 1999 as divisional manager. He started his own property development and investment company in 2009. He serves as chairman and director on the boards of a number of private companies.

Keneilwe Moloko (age 45) – Independent Non-executive Director

Keneilwe is a Chartered Accountant and Quantity Surveyor and holds the qualifications CA(SA), BCom (UCT), BSc.QS (UCT) and Certificate in Financial Markets. Her experience includes serving as development executive at Spearhead Properties and as fixed interest analyst and member of the credit committee of Coronation Fund Managers. She serves as an independent non- executive director of KWV Holdings and Prescient Limited. She also serves on the Audit Committee of City of Cape Town, Cape Retirement Fund, Department of Rural Development and Department of Justice and Constitutional Development.

Ndabe Mkhize (age 36) – Independent Non-executive Director

Ndabe holds a BSc (Actuarial Science) degree from the University of Cape Town and the designations of Chartered Financial Analyst and Chartered Alternative Investment Analyst. His experience includes positions at Old Mutual, Prudential Portfolio Managers, Coronation Fund Managers and STANLIB Asset Management. Recently, Ndabe accepted a broader investment role as Deputy Chief Investment Officer of the Eskom Pension & Provident Fund.

Jacob Wiese (age 34) – Independent Non-executive Director

Jacob holds a BA (Value & Policy Studies) degree from the University of Stellenbosch, a Master’s degree in International Economics and Management from Universita Commerciale Luigi Bocconi in Italy and an LLB degree from the University of Cape Town. In 2009 Jacob completed his pupilage at the Cape Bar and was admitted as an Advocate of the High Court. Jacob serves as a non-executive director of Pepkor Holdings, Invicta Holdings, Digicore Holdings and Premier Foods and an alternate director of Shoprite Holdings and Tradehold and is involved with the management of Lourensford Wine Estate, one of South Africa’s largest and most prestigious wine farms.