Disclosure of disposals and acquisition of beneficial interests in the Company’s securities QUANTUM FOODS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2013/208598/06) Share code: QFH ISIN: ZAE000193686 (“Quantum Foods” or the “Company”) DISCLOSURE OF DISPOSALS AND ACQUISITION OF BENEFICIAL INTERESTS IN THE COMPANY’S SECURITIES In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, Quantum Foods’ shareholders are hereby advised that the Company has received notifications, in the prescribed form, that: - Old Mutual Limited has disposed of its entire beneficial interest in the ordinary shares of the Company; - Allan Gray Proprietary Limited, acting on behalf of its clients, has disposed of its clients’ entire beneficial interests in the ordinary shares of the Company; and - Aristotle Africa S.à r.l. (“Aristotle”) has acquired a beneficial interest in the ordinary shares of the Company such that Aristotle now holds a beneficial interest of 31.05% of the Company’s total issued ordinary shares (including treasury shares). As disclosed in the announcement published on SENS on 10 July 2020, Aristotle is a wholly-owned subsidiary of Silverlands II SCSp, which is advised by SilverStreet Capital LLP. Wellington 24 July 2020 Corporate advisor and Sponsor One Capital Attorneys Cliffe Dekker Hofmeyr 1 Date: 24-07-2020 10:20:00 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.