RFG HOLDINGS LIMITED - Dealings in securities by directors

Dealings in securities by directors

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

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                            :    13 January 2026
     Nature of transaction                          :    Off-market acceptance of ordinary shares delivered in
                                                         terms of share appreciation rights awarded on
                                                         2 December 2019 and 1 December 2020, in accordance
                                                         with the Rhodes Food Group Limited 2015 Share Plan
     Class of securities                            :    Ordinary shares
     Number of securities                           :    52 795
     Price per share                                :    R24.36
     Total value of transaction                     :    R1 286 086,20
     Nature of interest                             :    Direct beneficial
     Clearance obtained                             :    Yes


     Director                                       :    Willem Pieter Hanekom, Chief Executive Officer
     Company                                        :    RFG Holdings Limited
     Date of transaction                            :    13 January 2026
     Nature of transaction                          :    Off-market acceptance of ordinary shares delivered in
                                                         terms of share appreciation rights awarded on
                                                         2 December 2019 and 1 December 2020, in accordance
                                                         with the Rhodes Food Group Limited 2015 Share Plan
     Class of securities                            :    Ordinary shares
     Number of securities                           :    54 161
     Price per share                                :    R24.36
     Total value of transaction                     :    R1 319 361,96
     Nature of interest                             :    Direct beneficial
     Clearance obtained                             :    Yes



Groot Drakenstein
22 January 2026

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

Date: 22-01-2026 01:50:00
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