MICHAEL AITKEN

Michael was appointed as an independent director of Transcend on 10 August 2016. Michael has over 30 years’ experience in
property-related activities, with specific expertise in asset and fund management related to directly held and listed property
vehicles. Michael has been a non-executive director of Strategic Real Estate Managers (Pty) Ltd and Emira Property Fund Limited since April 16, 2007. He is also currently a director of St Albans Property Investments (Pty) Ltd and is the sole director of Advest Capital Managers. Michael also served as a non-executive director of Hyprop Investments Limited from August 2000 to June 2013, acting as Chairman from August 2007 to June 2013.