Inclined Well Spud 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”) INCLINED WELL SPUD Emerging domestic natural gas and helium producer Renergen is pleased to update shareholders on the upcoming programme of inclined wells targeting the gas productive fracture systems in the Virginia Gas Project production hub. The Company is pleased to announce that as foreshadowed in our release of the inclined well drilling update of 9 July 2020, the drill rig is today preparing to spud the first well in the programme. After several weeks of very careful planning and interaction with our geological and engineering consultants, we believe we have planned a hole which will maximise our chances of gas intersection along the interpreted fracture systems. “Still a month or so to wait for results before we reach the base of the Karoo, but this is a very exciting time for the Company, especially given the progress on the construction on the plant,” said Stefano Marani, CEO. Periodic updates will be released as the drilling programme progresses. Johannesburg 3 August 2020 Authorised by: Stefano Marani Chief Executive Officer Designated Advisor PSG Capital For Australian Investors & Media, contact Citadel-MAGNUS Cameron Gilenko, 0466 984 953 To readers reviewing this announcement on the Stock Exchange News Service (SENS), this announcement may contain graphics and/or images which can be found in the PDF version posted on the Company’s website. To readers reviewing this announcement, who wish to find out more about LNG and Helium, please visit our website. www.renergen.co.za Date: 03-08-2020 08:30:00 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.