Report on proceedings at the general meeting RCL FOODS LIMITED Incorporated in the Republic of South Africa Registration number: 1966/004972/06 Share code: RCL ISIN: ZEA000179438 ("Company" or "RCL FOODS") REPORT ON PROCEEDINGS AT THE GENERAL MEETING Terms defined and used in the Circular published on Monday, 4 May 2020 have been used in this announcement. At the General Meeting of RCL FOODS Shareholders, held by electronic means today, Tuesday, 26 May 2020, neither of the resolutions proposed at the General Meeting were approved by the requisite majority of votes. With regard to shares abstained, Remgro Limited undertook to abstain on the special and ordinary resolutions required to give effect to the Specific Repurchase. The 674,543,674 Shares held by Remgro Limited, representing 70,3% of the Company’s issued share capital were therefore not taken into account in determining whether the special and ordinary resolutions proposed at the General Meeting were passed by the requisite number of votes. In this regard, the Company confirms the voting statistics from the General Meeting as follows: Votes cast disclosed as a Shares voted Shares abstained percentage in relation to disclosed as a disclosed as a the total number of shares Number of percentage in percentage in Resolutions voted at the meeting shares voted relation to the total relation to the total issued shares* issued shares* For Against Special resolution number 1 Specific Authority to repurchase the Repurchase 44,74 55,26 154,689,652 16,13 70,34 Shares Ordinary resolution number 1 To allow a director and/or company secretary to do all such things and to sign all such documents as may be 45,49 54,51 154,689,652 16,13 70,34 necessary to implement special resolution number 1 *Total issued shares is 959 004 383 shares. Durban 26 May 2020 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 26-05-2020 04:30:00 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.