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                               3 January 2023
Nature of transaction                             On market purchase of securities
Class of securities                               Ordinary shares
Number of shares purchased                        472
Purchase price per share                          R12.50
Total value of transaction                        R5 900.00
Nature of interest                                Direct beneficial
Clearance obtained                                Yes

Company                                           RFG Foods Proprietary Limited
Date of transaction                               4 January 2023
Nature of transaction                             On market purchase of securities
Class of securities                               Ordinary shares
Number of shares purchased                        1 419
Purchase price per share                          R12.50
Total value of transaction                        R17 737.50
Nature of interest                                Direct beneficial
Clearance obtained                                Yes

Company                                           RFG Foods Proprietary Limited
Date of transaction                               5 January 2023
Nature of transaction                             On market purchase of securities
Class of securities                               Ordinary shares
Number of shares purchased                        35 030
Purchase price per share                          R12.50
Total value of transaction                        R437 875.00
Nature of interest                                Direct beneficial
Clearance obtained                                Yes

Company                                           RFG Foods Proprietary Limited
Date of transaction                               6 January 2023
Nature of transaction                             On market purchase of securities
Class of securities                               Ordinary shares
Number of shares purchased                        19 544
Purchase price per share                          R12.51
Total value of transaction                        R 244 495.44
Nature of interest                                Direct beneficial
Clearance obtained                                Yes

Groot Drakenstein
9 January 2023

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

Date: 09-01-2023 10:41:00

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