Exercise of Options RENERGEN LIMITED Incorporated in the Republic of South Africa (Registration number: 2014/195093/06) JSE Share code: REN A2X Share code: REN ISIN: ZAE000202610 LEI: 378900B1512179F35A69 Australian Business Number (ABN): 93 998 352 675 ASX Share code: RLT (“Renergen” or “the Company”) EXERCISE OF OPTIONS IN TERMS OF THE RENERGEN SHARE INCENTIVE SCHEME In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR FULUFHEDZANI HARRIET RAVELE COMPANY OF WHICH A PRESCRIBED Renergen Limited OFFICER TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Acquisition of ordinary shares through the exercise of options in terms of Renergen Share Incentive Scheme (off-market transaction) DATE OF EXERCISE OF OPTIONS 19 October 2020 VESTING DATE OF OPTIONS EXERCISED 19 October 2020 PRICE PER SECURITY R12.70 NUMBER OF SECURITIES TRANSACTED 58 734 TOTAL RAND VALUE OF SECURITIES R745 921.80 TRANSACTED NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Johannesburg 21 October 2020 Authorised by: Stefano Marani Chief Executive Officer Designated Advisor PSG Capital For Australian Investors & Media, contact Citadel-MAGNUS Cameron Gilenko 0466 984 953 To readers reviewing this announcement on the Stock Exchange News Service (SENS), this announcement may contain graphics and/or images which can be found in the PDF version posted on the Company’s website. www.renergen.co.za Date: 21-10-2020 05:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.