Resignation of Director 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”) RESIGNATION OF DIRECTOR In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the board of directors of the Company (“the Board”) wishes to advise that following her appointment as Head of Advisory at BDO Advisory Services, Thuto Masasa has resigned as independent non-executive director and chairperson of the Audit, Risk and Investment Committee of the Company with immediate effect. The Board and Management would like to thank Thuto for her valuable contribution to the Company over the years and wish her well in her new role. The Board has commenced a process of identifying a suitable replacement and shareholders will be advised as soon as such appointment has been made. Sponsor PSG Capital Johannesburg 3 August 2020 For further information please contact: Efora Energy Limited Damain Matroos +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; 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: 03-08-2020 03:20:00 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.