Purchase of shares by subsidiary company

RFG Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2012/074392/06)
ISIN: ZAE000191979
Share Code: RFG
("RFG")

PURCHASE OF SHARES BY SUBSIDIARY COMPANY

In compliance with the JSE Limited Listings Requirements, RFG announces that its major subsidiary has,
in accordance with the rules of The Rhodes Food Group 2015 Share Plan (the Plan), purchased RFG
shares in the open market in order to fulfill the settlement of vested performance shares and restricted
shares. The following information relating to the purchase is disclosed:


Company                                          RFG Foods Proprietary Limited
Date of transaction                              1 December 2021
Nature of transaction                            On market purchase of securities
Class of securities                              Ordinary shares
Number of shares purchased                       80 106
Volume weighted average purchase price           R12.52
Highest purchase price                           R12.70
Lowest purchase price                            R12.00
Total value of transaction                       R1 003 074.29
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Company                                          RFG Foods Proprietary Limited
Date of transaction                              2 December 2021
Nature of transaction                            On market purchase of securities
Class of securities                              Ordinary shares
Number of shares purchased                       37 375
Volume weighted average purchase price           R12.65
Highest purchase price                           R12.70
Lowest purchase price                            R12.50
Total value of transaction                       R472 681.54
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Company                                          RFG Foods Proprietary Limited
Date of transaction                              3 December 2021
Nature of transaction                            On market purchase of securities
Class of securities                              Ordinary shares
Number of shares purchased                       84 738
Volume weighted average purchase price           R13.41
Highest purchase Price                           R15.00
Lowest purchase price                            R12.80
Total value of transaction                       R1 136 065.81
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Company                                          RFG Foods Proprietary Limited
Date of transaction                              6 December 2021
Nature of transaction                            On market purchase of securities
Class of securities                              Ordinary shares
Number of shares purchased                       174 387
Purchase price per share                         R12.92
Total value of transaction                       R2 253 080.04
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Groot Drakenstein
7 December 2021

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 07-12-2021 12:55:00

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