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 10th annual general meeting (“Annual General Meeting” or “the meeting”) of the shareholders of RFG held yesterday, Thursday, 16 March 2023, the resolutions proposed at the meeting were unaltered from those 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) 1 125 000 Total number of shares (“voteable shares”) 261 637 018 Total number of shares represented (including proxies) at the Annual General Meeting 239 003 169 Proportion of total voteable shares represented at the Annual General Meeting 91,35% 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 issued shares the total issued For Against shares Ordinary Resolution 1: Re-election of director – Mr. C 100,00% 0,00% 238 983 818 90.95% 0,01% Smart Ordinary Resolution 2: Re-election of director – Mr. T 99,82% 0,18% 238 983 818 90.95% 0,01% Leeuw Ordinary Resolution 3: Re-election of director – Ms. B 99,99% 0,01% 238 990 790 90.95% 0,00% Njobe Ordinary Resolution 4: Re-election of director – Mr. M 99,44% 0,56% 238 983 818 90.95% 0,01% Bower Ordinary Resolution 5: Appointment of Mr. M Bower to 99,44% 0,56% 238 983 818 90.95% 0,01% the audit, risk and information technology committee Ordinary Resolution 6: Appointment of Mr. T Leeuw to 99,82% 0,18% 238 983 818 90.95% 0,01% the audit, risk and information technology committee Ordinary Resolution 7: Appointment of Ms. S Maitisa to 99,99% 0,01% 238 983 118 90.95% 0,01% the audit, risk and information technology committee Ordinary Resolution 8: Re-appointment of independent 100,00% 0,00% 238 981 158 90.95% 0,01% registered auditor Ordinary Resolution 9: Control of authorised but 61,83% 38,17% 238 988 859 90.95% 0,01% unissued ordinary shares Ordinary Resolution 10: Authority to issue ordinary 97,35% 2,65% 238 989 019 90.95% 0,01% shares for cash Ordinary Resolution 11: Signature of documents 100,00% 0,00% 238 982 608 90.95% 0,01% Non-Binding Advisory Resolution 1: Approval of the 95,94% 4,06% 238 982 194 90.95% 0,01% remuneration policy Non-Binding Advisory Resolution 2: Approval of the 95,94% 4,06% 238 980 694 90.95% 0,01% implementation report Special Resolution 1: Approval of the non-executive 98,67% 1,33% 238 984 694 90.95% 0,01% directors’ fees Special Resolution 2: General authority to repurchase 99,82% 0,18% 238 987 855 90.95% 0,01% shares Special Resolution 3: Loans or other financial assistance 99,99% 0,01% 238 983 194 90.95% 0,01% 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 2023 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Prepared by: The Meeting Specialist (Pty) Ltd Date: 17-03-2023 11:20:00 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.