Report on proceedings at the annual general meeting RFG Holdings Limited (Incorporated in the Republic of South Africa) Registration number: 2012/074392/06 Share code: RFG ISIN: ZAE000191979 (“RFG” or “the Company”) REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING At the 9th annual general meeting (“Annual General Meeting” or “the meeting”) of the shareholders of RFG held yesterday, Wednesday, 16 March 2022, the resolutions proposed at the meeting were unaltered from that reflected in the Notice of Annual General Meeting and were approved by the requisite majority of votes. In this regard, RFG confirms the voting statistics from the Annual General Meeting as follows: Total number of shares in issue 262,762,018 Treasury shares (excluded from voting) 1 250 000 Total number of shares (“voteable shares”) 261 512 018 Total number of shares represented (including proxies) at the Annual General Meeting 236 254 954 Proportion of total voteable shares represented at the Annual General Meeting 90,34% Resolutions Votes cast disclosed as a Number of Shares voted Shares percentage of the total shares voted disclosed as a abstained number of shares voted percentage of disclosed as a at the meeting the total percentage of voteable the total For Against shares voteable shares Ordinary Resolution 1: Re-election of director – Dr. Y 100,00% 0,00% 236 194 914 89,89% 0,02% Muthien Ordinary Resolution 2: Re-election of director – Mr. G 99,99% 0,01% 236 195 074 89,89% 0,02% Willis Ordinary Resolution 3: Re-election of director – Mr. B 100,00% 0,00% 236 194 374 89,89% 0,02% Henderson Ordinary Resolution 4: Re-election of director – Mr. C 100,00% 0,00% 236 195 074 89,89% 0,02% Schoombie Ordinary Resolution 5: Appointment of Mr. M Bower to 100,00% 0,00% 236 197 074 89,89% 0,02% the audit, risk and information technology committee Ordinary Resolution 6: Appointment of Mr. T Leeuw to 100,00% 0,00% 236 195 074 89,89% 0,02% the audit, risk and information technology committee Ordinary Resolution 7: Appointment of Ms. S Maitisa to 99,99% 0,01% 236 194 374 89,89% 0,02% the audit, risk and information technology committee Ordinary Resolution 8: Re-appointment of independent 99,99% 0,01% 236 194 414 89,89% 0,02% registered auditor Ordinary Resolution 9: Control of authorised but 67,05% 32,95% 236 194 914 89,89% 0,02% unissued ordinary shares Ordinary Resolution 10: Authority to issue ordinary 96,42% 3,58% 236 197 074 89,89% 0,02% shares for cash Ordinary Resolution 11: Approval and adoption of the 99,99% 0,01% 233 928 872 89,03% 0,89% RFG Holdings Limited 2021 Share Plan Ordinary Resolution 12: Signature of documents 100,00% 0,00% 236 196 914 89,89% 0,02% Non-Binding Advisory Resolution 1: Approval of the 99,67% 0,33% 236 193 854 89,89% 0,02% remuneration policy Non-Binding Advisory Resolution 2: Approval of the 99,67% 0,33% 236 192 354 89,89% 0,02% implementation report Special Resolution 1: Approval of the non-executive 83,43% 16,57% 236 197 874 89,89% 0,02% directors’ fees Special Resolution 2: General authority to repurchase 99,64% 0,36% 236 194 914 89,89% 0,02% shares Special Resolution 3: Loans or other financial assistance 98,75% 1,25% 236 194 914 89,89% 0,02% to related companies The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course. Groot Drakenstein 17 March 2022 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Prepared by: The Meeting Specialist (Pty) Ltd Date: 17-03-2022 08:16:00 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.