Dealings in securities by directors of the company and a director of a major subsidiary of the company QUANTUM FOODS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2013/208598/06) Share code: QFH ISIN: ZAE000193686 ("Quantum Foods" or the "Company") DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY AND A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY Shareholders of Quantum Foods ("Shareholders") are referred to the SENS announcement published earlier today, 11 March 2024, regarding the exercise of Phantom Share Rights ("PSRs") issued by the Company under the Quantum Foods Holdings Limited Equity Settled Phantom Share Plan ("Scheme") by certain participants of the Scheme, including executive directors of the Company, the newly appointed chief executive officer of the Company ("CEO") and a director of a major subsidiary of the Company (collectively, the "Participants"), ("PSR Exercises"). In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements ("Listings Requirements"), Shareholders are hereby advised that, today, 11 March 2024, the Participants entered into an agreement to dispose of some of the ordinary shares in Quantum Foods ("Shares") to be delivered to them pursuant to the PSR Exercises to an independent third party ("Purchaser"), ("Agreement"). The sale of Shares pursuant to the Agreement is expected to be implemented before Thursday, 28 March 2024. The sale of Shares by Participants pursuant to the Agreement is for purposes of enabling Participants to settle their tax liability arising from the PSR Exercises. As far as the Company is aware, the Purchaser entered into the Agreement for commercial reasons, and has no intention of making an offer to acquire the remaining Shares in the Company and is not acting in concert with any other Shareholder. Additional information pertaining to the Agreement and certain Participants is detailed below: Price per Share: R5.30 Nature and extent of interest: Direct beneficial On-market or off-market: Off-market Clearance given in terms of paragraph 3.66 of the Listings Yes Requirements: Transaction 1: Name of executive director of the Company: Hendrik Albertus Lourens Number of Shares sold pursuant to the Agreement: 182 842 Total value of Shares sold pursuant to the Agreement: R969 062.60 Transaction 2: Name of executive director of the Company: André Hugo Muller Number of Shares sold pursuant to the Agreement: 51 273 Total value of Shares sold pursuant to the Agreement: R271 746.90 Transaction 3: Name of director of a major subsidiary of the Company: Roelof Viljoen Name of major subsidiary: Quantum Foods Proprietary Limited Number of Shares sold pursuant to the Agreement: 46 770 Total value of Shares sold pursuant to the Agreement: R247 881.00 Transaction 4: Name of newly appointed CEO of the Company: Adel Deidré van der Merwe Number of Shares sold pursuant to the Agreement: 47 639 Total value of Shares sold pursuant to the Agreement: R252 486.70 The Agreement will result in an aggregate of 719 038 Shares being sold by the Participants to the Purchaser. Wellington 11 March 2024 Corporate advisor and Sponsor One Capital Attorneys Webber Wentzel Date: 11-03-2024 03:05:00 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.