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Highlights: Revenue increased by 45.6% to R576.2 million (August 2020: R395.8 million) Gross profit margin increased to 19.7% (August 2020: 7.9%) Headline earnings per share increased by 262.8% to 42.79 cents per share (August 2020: 26.29 cents loss per share) Net asset value (“NAV”) increased to R7.23 per share Cash generated from operating activities amounted to R133.2 million (August 2020: R115,7 million) 771 opportunities handed over with 5 091 opportunities currently under development Johannesburg, 18 October 2021 – JSE-listed Calgro

Highlights: Positive cash generated from operations of R114.8 million to support the #sustainableactions strategy Profit after tax of R18.5 million Earnings per share (“EPS”) increased to 14.88 cents per share Liquidity of R155 million available Group net asset value (“NAV”) increased by 7.2% to R6.82 per share Memorial Parks revenue increased by 65.2% 4 654 units under construction compared to 2 393 a year ago Strategic successes of the financial year: Disposed of the Ruimsig rental portfolio and of the non-core project,

THE GOVERNMENT’S Finance Linked Individual Subsidy Programme (Flisp) works well to provide homes for firsttime low-income buyers and meet the government’s social housing objectives, but the process to access the subsidy needs to be made easier. First National Bank (FNB), which has grown its affordable housing lending book by 24 percent year-on-year, estimated that 57 percent of its retail customers qualified for Flisp, with the potential to benefit first-time buyers to the value of R100 million. However, only a small

Highlights Cash on hand of R246.0 million plus undrawn overdrafts Facility for R215.0 million from the National Housing Finance Corporation (“NHFC”) secured and drawn on in September 2020 Cash generated from operations of R115.7 million Memorial Parks revenue increased by 75% for the period Level 1 B-BBEE Contributor Status No dividend has been declared for the period ended 31 August 2020 (August 2019: Nil) Johannesburg, 19 October 2020 – JSE-listed Calgro M3, a property and property-related investment company that is

Johannesburg, 14 September 2020 – JSE-listed integrated residential property and Memorial Parks developer Calgro M3 recently broke ground on student accommodation for the University of the Western Cape at the group’s Belhar CBD development. With a critical shortage of student housing across South Africa, this will help ease the pressure in Cape Town for affordable accommodation of this nature. The accommodation is to be built on three parcels of land located adjacent to one another within the Belhar development, which

Highlights: Cash generated from operations R464.2 million Headline earnings per share increased by 108.7% to 1.77 cents profit per share Cash on hand of R255.1 million Summary of the year: Excellent cash generation and balances at year-end Group returned to profitability Enhanced focus on efficiencies and sales in the Memorial Parks business Outsourced construction function without compromising margin Frankenwald development secured (three-year option period remaining) Construction of Fleurhof and South Hills sub-stations in progress Executive directors personally invested R6.4 million

Johannesburg, 27 March 2020 – Turnkey residential property and Memorial Parks developer, Calgro M3, worked closely with key community leaders to donate over 3,000 bottles of much-needed hand sanitiser to the Fleurhof community yesterday, ahead of the country’s 21-day COVID-19 lockdown, which came into effect at midnight on 26 March. Over and above the 3,000 bottles distributed, other beneficiaries in need of urgent assistance included the nearby Military Veteran Unit and the Florida Police Station, which also received hand sanitiser

Highlights Cash generated from operations: R449.5 million Cash on hand increased by 67.5% to R205.4 million South Hills development won the Sustainable City’s and Human Settlements Award from the United Nations (“UN”) Level 1 B-BBEE Contributor Status Secured the Frankenwald (Buccleuch, Gauteng) project on a four-year option agreement Johannesburg, 21 October 2019 – JSE-listed Calgro M3, the property and property-related investment company involved in Integrated Residential Developments, Residential Rental Investments and the development and management of Memorial Parks, today released

Highlights  Remained a Level 1 B-BBEE contributor Cash generated from operations R298 million 4 436 units sold – construction to commence – R 1.7 billion excluding VAT Conservative management estimated valuation of an additional R1.4 billion in tangible asset value locked in the balance sheet (Excluding joint venture interest and discounted by 30%). In addition, excludes 630 000 m2 commercial, industrial and retail land Johannesburg, 13 May 2019: JSE-listed Calgro M3, the property and property-related investment company involved in Integrated Residential Developments,

With urban and social sustainability too often ignored in affordable housing projects, New Urban has designed an urban framework that re-imagines housing for the City of Cape Town. The Scottsdene Housing Project is a four-year integrated housing project in Scottsdene, Kraaifontein, where complete infrastructure development is being achieved by means of a public-private partnership between the City of Cape Town and Calgro M3 Developments. The R554-million project consists of 2 897 residential opportunities and the scope of works includes a