RCL FOODS LIMITED - Report on proceedings at the annual general meeting

Report on proceedings at the annual general meeting

RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL
("RCL FOODS")

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the 59th Annual General Meeting ("AGM") of the shareholders of RCL FOODS held today, 12 November 2025,
all the ordinary and special resolutions proposed at the AGM were approved by the requisite number of
votes. In this regard, RCL FOODS confirms the voting statistics from the AGM as follows:

Resolutions                                    Votes cast disclosed as     Number of     Shares voted        Shares
                                                   a percentage in       shares voted   disclosed as a     abstained
                                                relation to the total                    percentage in   disclosed as a
                                                number of shares voted                    relation to    percentage in
                                                    at the meeting                         the total      relation to
                                                                                        issued shares*     the total
                                                   For        Against                         (%)        issued shares*
                                                   (%)          (%)                                           (%)
Ordinary Resolutions
1.  Re-election of directors
1.1 Mr RH Field                                 100.00000    0.00000     868 466 787        96.68512         0.25620
1.2 Dr PM Moumakwa                               99.97276    0.02724     870 752 702        96.93961         0.00171
1.3 Mr GM Steyn                                  96.89875    3.10125     870 752 702        96.93961         0.00171
1.4 Mr GC Zondi                                  91.82949    8.17050     870 752 702        96.93961         0.00171
2.  Appointment of external auditors            100.00000    0.00000     870 752 702        96.93961         0.00171
3.  Election of members of the Audit Committee
3.1 Ms GP Dingaan                                99.99920    0.00080     870 752 702        96.93961         0.00171
3.2 Mr DTV Msibi                                 96.19743    3.80257     870 752 702        96.93961         0.00171
3.3 Mr GC Zondi                                  91.29501    8.70499     870 752 702        96.93961         0.00171
4.  Election of members of the Social and Ethics Committee
4.1 Mr PD Cruickshank                            99.99919    0.00081     869 185 710        96.76516         0.17616
4.2 Ms GP Dingaan                                99.99920    0.00080     870 752 702        96.93961         0.00171
4.3 Dr PM Moumakwa                               99.97276    0.02724     870 752 702        96.93961         0.00171
4.4 Mr GC Zondi                                  94.61234    5.38766     870 752 702        96.93961         0.00171
5.  General authority to place 10%               83.52014   16.47986     870 751 702        96.93950         0.00182
    of the unissued ordinary shares
    under the control of the
    directors
6.  Enabling resolution                         100.00000   0.00000      870 751 702        96.93950         0.00182
7.  Non-binding advisory vote in                 98.61478   1.38522      870 752 702        96.93961         0.00171
    respect of the Remuneration
    Policy
8.  Non-binding advisory vote in                 95.99894   4.00106      870 751 702        96.93950         0.00182
    respect of the Remuneration
    Implementation Report
Special Resolutions
1.  Financial assistance in terms of             88.92796   11.07204     870 751 702        96.93950         0.00182
    section 44 of the Companies Act
2.  Financial assistance in terms of             91.63978   8.36022      870 751 702        96.93950         0.00182
    section 45 of the Companies Act
3.  Approval of non-executive                    99.70222   0.29778      870 751 702        96.93950         0.00182
    directors' remuneration
4.  General authority to repurchase              99.88168   0.11831      870 759 870        96.94041         0.00091
    shares

Total issued share capital is 898 242 415 shares.

Westville
12 November 2025

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

Date: 12-11-2025 05:00:00
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