Share Consolidation Nutritional Holdings Limited (Registration number: 2004/002282/06) (Incorporated in the Republic of South Africa) (Share Code: NUT ISIN Code: ZAE000156485) (“Nutritional Holdings” or “the Company” ) Share Consolidation Shareholders are advised that the board of directors have decided to undertake a Share Consolidation to give Nutritional Holdings shareholders inter alia: • a share price of a more acceptable level per share; • to create value for shareholders; and • to enable the Company to trade and issue shares at market-related prices. The proposed terms of the Share Consolidation are that the authorised and issued share capital be consolidated on a basis of 1 for 25, meaning that every twenty five no par value shares will be consolidated into one no par value share. A circular is being drafted and will be distributed to shareholders in due course. 24 November 2020 Durban Designated Adviser Exchange Sponsors Date: 24-11-2020 12:54:00 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.