Enhanced Investments - Financial Portal

Change in external auditor

Published: 2023-06-23 15:22:23 ET

  QUANTUM FOODS HOLDINGS LIMITED
  (Incorporated in the Republic of South Africa)
  (Registration number: 2013/208598/06)
  Share code: QFH
  ISIN: ZAE000193686
  (“Company” or the “Group”)

                                         CHANGE IN EXTERNAL AUDITOR

Shareholders are hereby advised that the Company has appointed Ernst and Young Inc. (“EY”) as the new external
auditor of the Group for the financial year ending 30 September 2024, which appointment will be subject to confirmation
by the Company’s shareholders at the next annual general meeting, currently scheduled to be held in February 2024.

The change in external auditor was initiated by the board of directors of the Company (“Board”), having regard for the
merits of periodic auditor rotation and on recommendation by the Company’s audit and risk committee, following a
comprehensive tender process.

PricewaterhouseCoopers Inc. (“PwC”) will conduct the audit for the current financial year ending 30 September 2023.
PwC’s appointment will therefore terminate upon conclusion of the audit in respect of the financial year ending
30 September 2023, with EY’s appointment as external auditor being effective immediately thereafter.

PwC will conduct the audit for the current financial year ending in September 2023, having been appointed to do so at
the company’s annual general meeting held on 24 February 2023.

The Board would like to thank PwC for their contribution over the years and looks forward to working with EY.



Wellington
23 June 2023

Corporate Advisor and Sponsor
One Capital




Attorneys
Webber Wentzel




                                                                                                                     1

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.