Change in auditors RFG HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2012/074392/06) JSE share code: RFG ISIN: ZAE000191979 ("the company") CHANGE IN AUDITORS The board of directors of the company, through the audit, risk and information technology committee, wishes to inform shareholders that, following a formal tender process, Ernst & Young Inc has been appointed as the company’s external auditor, with Mr Lucian Rolleston as the designated audit partner, effective for the financial year ending 26 September 2021. This appointment is in alignment with the principles of good governance and pre-empting mandatory audit firm rotation. The appointment will be put to the shareholders for approval at the annual general meeting scheduled for 4 March 2021. Deloitte will continue to audit the group’s accounts in respect of the financial year ended 27 September 2020. Deloitte’s appointment as external auditor will end on conclusion of its responsibilities relating to the 27 September 2020 financial year audit, which is expected to be at or about the end of November 2020. Groot Drakenstein 8 October 2020 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08-10-2020 02:10:00 Supplied by www.sharenet.co.za 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.