RENERGEN LIMITED - Competition Authorities Approval of the ASPI Offer

Competition Authorities Approval of the ASPI Offer

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company")


COMPETITION AUTHORITIES APPROVAL OF THE ASPI OFFER


Unless expressly defined otherwise, capitalised terms herein have the same meaning given to them in the
combined circular distributed to Renergen Shareholders on 12 June 2025 ("Circular").

COMPETITION AUTHORITIES APPROVAL

Renergen Shareholders are referred to the joint firm intention announcement released by Renergen and ASP
Isotopes Inc. ("ASPI") on 20 May 2025 and the Circular, regarding the Offer made by ASPI to Renergen
Shareholders to acquire all Renergen Shares. Renergen Shareholders are further referred to the announcement
released by the Company on 10 July 2025, advising that the resolutions relating to the Scheme were passed by
the requisite majorities of Renergen Shareholders at the General Meeting held on that date.

As stated in the Circular, the Offer was subject to the relevant Competition Authorities granting such approvals
as are required in terms of the Competition Act and other applicable Laws to implement the Offer, either
unconditionally or subject to conditions acceptable to ASPI, in its sole discretion.

Renergen Shareholders are advised that on 23 July 2024, the Competition Commission approved the Offer,
subject to certain conditions, which are acceptable to ASPI, and that the relevant Offer Condition set out in
paragraph 5.2.1.6 of the Circular has now been fulfilled.

Renergen Shareholders should note that the implementation of the Offer remains subject to and will only become
operative upon the fulfilment or, if applicable, waiver of the outstanding Conditions set out in the Circular by
30 September 2025, unless extended.

INDEPENDENT BOARD RESPONSIBILITY STATEMENT

The Independent Board of Renergen accepts responsibility for the information contained in this announcement
and confirms that, to the best of its knowledge and belief, such information is true, and this announcement does
not omit anything likely to affect the importance of such information.

Johannesburg
23 July 2025

Transaction and Designated Advisor
PSG Capital

Date: 23-07-2025 04:48:00
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