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 RFG Holdings Limited 2021 Share Plan (the Plan), purchased RFG shares in the open market in order to fulfill the settlement of restricted shares. The following information relating to the purchase is disclosed: Company RFG Foods Proprietary Limited Date of transaction 13 September 2022 Nature of transaction On market purchase of securities Class of securities Ordinary shares Number of shares purchased 9 723 Purchase price R10.00 Total value of transaction R97 230.00 Nature of interest Direct beneficial Clearance obtained Yes Company RFG Foods Proprietary Limited Date of transaction 14 September 2022 Nature of transaction On market purchase of securities Class of securities Ordinary shares Number of shares purchased 48 547 Purchase price R10.50 Total value of transaction R509 743.50 Nature of interest Direct beneficial Clearance obtained Yes Company RFG Foods Proprietary Limited Date of transaction 15 September 2022 Nature of transaction On market purchase of securities Class of securities Ordinary shares Number of shares purchased 54 500 Volume weighted average purchase price per share: R10.86 Highest purchase price per share R10.91 Lowest purchase price per share R10.59 Total value of transaction R591 964.26 Nature of interest Direct beneficial Clearance obtained Yes Groot Drakenstein 16 September 2022 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 16-09-2022 11:15:00 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.