GRIT REAL ESTATE INCOME GROUP LIMITED

(Registered in Guernsey)

(Registration number: 68739)

LSE share code: GR1T

SEM share code: DEL.N0000

ISIN: GG00BMDHST63

LEI: 21380084LCGHJRS8CN05

(“Grit” or the “Company” and, together with its subsidiaries, the "Group")

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

GRIT REAL ESTATE INCOME GROUP LIMITED

1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)

Non-UK issuer

X

2. Reason for the notification (please mark the appropriate box or boxes with an “X”)

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

PUBLIC INVESTMENT CORPORATION SOC LIMITED

City and country of registered office (if applicable)

PRETORIA, SOUTH AFRICA

4. Full name of shareholder(s) (if different from 3.)v

Name

Government Employees Pension Fund of South Africa

City and country of registered office (if applicable)

PRETORIA, SOUTH AFRICA

5. Date on which the threshold was crossed or reachedvi:

11/09/2023

6. Date on which issuer notified (DD/MM/YYYY):

12/09/2023

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

        20.84%

20.84%

495,092,339

Position of previous notification (if

applicable)

       17.71%

17.71%

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an “X”)

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

PUBLIC INVESTMENT CORPORATION SOC LIMITED

            20.84%

20.84%

10. In case of proxy voting, please identify:

Name of the proxy holder

N/A

The number and % of voting rights held

N/A

The date until which the voting rights will be held

N/A

11. Additional informationxvi

Acquisition of further interest / shares in the Company on the Stock Exchange of Mauritius

Place of completion

PRETORIA, SOUTH AFRICA

Date of completion

12 September 2023