SFS Real Estate Investment Trust Fund : SFS REIT ANNOUNCEMENT OF LIST OF UNCLAIMED DIVIDEND

SFS Capital Nigeria Ltd

Plot 287 Ajose Adeogun Street,

Victoria Island, Lagos, Nigeria.

Tel: +234(01)2801400

Website: www.sfsnigeria.com

RC 956192

July 21, 2022

Dear Sir,

NOTICE TO UNITHOLDERS OF SFS REAL ESTATE INVESTMENT TRUST ON THE PUBLICATION OF THE LIST OF UNCLAIMED DISTRIBUTIONS.

SFS Real Estate Investment Trust wishes to inform its esteemed Unitholders that the Unclaimed Distribution List has been published and is available on the Fund's website which can be accessed via this link: https://sfsreit.com/home/downloads/unclaimed.pdf.

The publication of the List on the website is in lieu of publishing it in the newspapers due to the high number of names involved. The publication is in addition to the circulation of the List to affected Unitholders alongside our 2021 Annual Report and Accounts.

We advise all affected Unitholders to please contact our Registrar with details below with a view to claiming their distribution.

Pace Registrars

8th Floor, Knight Frank Building, 24, Campbell Street, Lagos.

E-mailaddress: info@paceregistrars.com

Phone Number: 01-2790797 - 9

We remain committed to working with all relevant stakeholders to reduce the incidence of Unclaimed Distribution in Nigeria. Unitholders are kindly requested to update their records and advise Pace Registrars of their updated information including their bank account details for the payment of their distribution.

We urge the Unitholders who are yet to complete the e-Dividend Form to contact the Registrars and do so.

Yours faithfully

For: SFS Capital Nigeria Limited

Board of Directors: Dr. Layi Fatona (Chairman), Dr. Yemi Kale, Yemi Gbenro, Patrick Ilodianya (MD), Dimeji Sonowo (ED)

Authorised and regulated by the Securities and Exchange Commission