Extension of Financial Reporting Period EFORA ENERGY LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: EEL ISIN: ZAE000248258 (“Efora” or “the Company”) EXTENSION OF FINANCIAL REPORTING PERIOD Shareholders are referred to the market notice issued by the Financial Services Conduct Authority on 3 April 2020, with respect to the extension of financial reporting periods (the “Extension Period(s)”) and are advised that the Company will be utilising the two-month Extension Period afforded to it for publishing its results for the year ended 29 February 2020. The Company intends to publish its results for the year then ended prior to 31 July 2020. As advised by the JSE, the Company reiterates that market participants should not draw undue adverse inferences as a result of Efora making use of the Extension Period available to it. Johannesburg 20 May 2020 Sponsor PSG Capital For further information please contact: Efora Energy Limited Tariro Gadzikwa +27 (0)10 591 2260 About Efora Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE. The Company has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo; a midstream project relating to crude trading in Nigeria and material downstream distribution operations throughout Southern Africa. Our focus as a Group is on delivering energy for the African continent by using Africa’s own resources to meet the significant growth in demand expected over the next decade. Date: 20-05-2020 03:30:00 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.