For immediate release

8 August 2025

Announcement of SARB Approval

Following the successful non-pre-emptive placing of a total of 48,253,994 ordinary shares of 5 pence each (the "Placing Shares") in the capital of the Company as announced on 31 July 2025, Hammerson is pleased to announce that the Financial Surveillance Department of the South African Reserve Bank has given its requisite approval to inward list the Placing Shares.

Applications will be made for: (i) the 16,173,604 placing shares placed with placees who are South African Qualifying Investors (the "SA Placing Shares") to be admitted to (a) listing in the Equity Shares (Commercial Companies) category of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange plc; and (b) listing on the Official List of The Irish Stock Exchange plc, trading as Euronext Dublin and to trading on the main market for listed securities of Euronext Dublin; and (ii) for the Placing Shares to be admitted to listing and trading as a secondary inward listing on the Main Board of the securities exchange operated by the JSE Limited ("Second Admission") as soon as reasonably practicable.

For further information contact:

Richard Crowle

Deputy Company Secretary

+44 (0) 20 7887 1000

The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange and on Euronext Dublin.