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Dealings in securities by directors and directors of a major subsidiary

RFG HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2012/074392/06)
JSE share code: RFG
ISIN: ZAE000191979
("the Company")

DEALINGS IN SECURITIES BY DIRECTORS AND DIRECTORS OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

Director                                     :   Christiaan Cornelius Schoombie, Chief Financial
                                                 Officer
Company                                      :   RFG Holdings Limited
Date of transaction                          :   25 November 2024
Nature of transaction                        :   Off-market acceptance of ordinary shares delivered
                                                 in terms of share appreciation rights awarded on 1
                                                 December 2017, in accordance with the RFG 2015
                                                 Share Plan
Class of securities                          :   Ordinary shares
Number of securities                         :   231
Price per share                              :   R19.00
Total value of transaction                   :   R4 389.00
Nature of interest                           :   Direct beneficial
Clearance obtained                           :   Yes


Director                                     :   Willem Pieter Hanekom, Chief Executive Officer
Company                                      :   RFG Holdings Limited
Date of transaction                          :   25 November 2024
Nature of transaction                        :   Off-market acceptance of ordinary shares delivered
                                                 in terms of share appreciation rights awarded on 1
                                                 December 2017, in accordance with the RFG 2015
                                                 Share Plan
Class of securities                          :   Ordinary shares
Number of securities                         :   177
Price per share                              :   R19.00
Total value of transaction                   :   R3 363.00
Nature of interest                           :   Direct beneficial
Clearance obtained                           :   Yes

Director                                     :   Constantine Costaras
Company                                      :   RFG Foods (Proprietary) Limited, a major subsidiary
                                                 of the Company
Date of transaction                          :   24 November 2024
Nature of transaction                        :   Off-market acceptance of ordinary shares delivered
                                                 in terms of share appreciation rights awarded on 1
                                                 December 2017, 3 December 2018, 2 December
                                                 2019 and 1 December 2020 in accordance with the
                                                 RFG 2015 Share Plan
Class of securities                          :   Ordinary shares
Number of securities                         :   19 156
Price per share                              :   R19.00
Total value of transaction                   :   R363 964.00
Nature of interest                           :   Direct beneficial
Clearance obtained                           :   Yes

Director                                     :   Job Bonginkosi Mpele
Company                                      :   RFG Foods (Proprietary) Limited, a major subsidiary
                                                 of the Company
Date of transaction                          :   21 November 2024
Nature of transaction                        :   Off-market acceptance of ordinary shares delivered
                                                 in terms of share appreciation rights awarded on 3
                                                 December 2018, 2 December 2019 and 1 December
                                                 2020 in accordance with the RFG 2015 Share Plan
Class of securities                          :   Ordinary shares
Number of securities                         :   11 248
Price per share                              :   R17.80
Total value of transaction                   :   R200 214.40
Nature of interest                           :   Direct beneficial
Clearance obtained                           :   Yes


Director                                     :   Constantine Costaras
Company                                      :   RFG Foods (Proprietary) Limited, a major subsidiary
                                                 of the Company
Date of transaction                          :   25 November 2024
Nature of transaction                        :   On market disposal of securities
Class of securities                          :   Ordinary shares
Number of securities                         :   19 156
Selling price per share                      :   R19.00
Total value of transaction                   :   R363 964.00
Nature of interest                           :   Direct beneficial
Clearance obtained                           :   Yes

Director                                     :   Job Bonginkosi Mpele
Company                                      :   RFG Foods (Proprietary) Limited, a major subsidiary
                                                 of the Company
Date of transaction                          :   21 November 2024
Nature of transaction                        :   On market disposal of securities
Class of securities                          :   Ordinary shares
Number of securities                         :   11 248
Selling price per share                      :   R18.15
Total value of transaction                   :   R204 151.20
Nature of interest                           :   Direct beneficial
Clearance obtained                           :   Yes

Groot Drakenstein
27 November 2024

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

Date: 27-11-2024 04:55:00

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