EFORA ENERGY LIMITED - Resignation of Director

Resignation of Director

EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL
ISIN: ZAE000248258
(“Efora” or “the Company”)

RESIGNATION OF DIRECTOR

In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the Board
of Directors of the Company (“the Board”) wishes to advise that Damain Matroos, has
resigned as Director of the Company and all subsidiaries with immediate effect. Damain will
continue to serve his three months’ notice period as Chief Executive Officer until 4 May 2021.

The Board and Management would like to thank Damain for his valuable contributions to the
Company over the years and wishes him well in his future endeavours.

The Board has commenced a process of identifying a suitable replacement and shareholders
will be advised as soon as such appointment has been made.

Johannesburg
9 February 2021

Sponsor
PSG Capital

For further information please contact:

Efora Energy Limited
Damain Matroos
+27 (0)10 591 2260

About Efora

Efora Energy Limited is a South African based independent African oil and gas company,
listed on the JSE. The Company has a diverse portfolio of assets spanning production in
Egypt; exploration and appraisal in the Democratic Republic of Congo; a midstream project
relating to crude trading in Nigeria and material downstream distribution operations throughout
Southern Africa. Our focus as a Group is on delivering energy for the African continent by
using Africa’s own resources to meet the significant growth in demand expected over the next
decade.

Date: 09-02-2021 05:45:00
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.