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 as well as the rules of The
Rhodes Food Group 2015 Share 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                              21 September 2022
Nature of transaction                            On market purchase of securities
Class of securities                              Ordinary shares
Number of shares purchased                       35
Purchase price                                   R10.80
Total value of transaction                       R378.00
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Company                                          RFG Foods Proprietary Limited
Date of transaction                              22 September 2022
Nature of transaction                            On market purchase of securities
Class of securities                              Ordinary shares
Number of shares purchased                       101 015
Volume weighted average purchase price
per share:                                       R11.76
Highest purchase price per share                 R11.77
Lowest purchase price per share                  R11.70
Total value of transaction                       R1 188 345.41
Nature of interest                               Direct beneficial
Clearance obtained                               Yes

Groot Drakenstein
23 September 2022

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

Date: 23-09-2022 12:44:00

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