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")


DEALINGS IN SHARES BY DIRECTORS


In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following
information regarding the exercise of options, and subsequent disposal in order to settle tax
obligations arising from the exercise of options, resulting in a net acquisition of Renergen
shares by the directors, is disclosed.

1.
 NAME OF DIRECTOR                                Stefano Marani

 COMPANY OF WHICH A DIRECTOR                     Renergen

 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive

 TYPE AND CLASS OF SECURITIES                    Ordinary shares

 NATURE OF TRANSACTION                           Exercise of options by the director in terms
                                                 of the Renergen Bonus Share Plan
                                                 (Off-market transaction)

 VESTING DATE AND PERIOD                         Awards vested on 3 July 2023, being the
                                                 date on which the participant satisfied the
                                                 employment condition(s) as specified in
                                                 the award letter, and, to the extent
                                                 applicable, any other conditions imposed.

 EXERCISE DATE                                   28 August 2023

 STRIKE PRICE (RAND)                             R0

 NUMBER OF OPTIONS EXERCISED                     74 046

 NUMBER OF SHARES RECEIVED                       74 046

 TOTAL DEEMED RAND VALUE OF                      R1 406 874.00
 TRANSACTION (BASED ON THE CLOSING
 SHARE PRICE OF R19.00 ON 30 AUGUST
 2023)

 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTIONS
2.
 NAME OF DIRECTOR                  Stefano Marani

COMPANY OF WHICH A DIRECTOR        Renergen

STATUS: EXECUTIVE/NON-EXECUTIVE    Executive

TYPE AND CLASS OF SECURITIES       Ordinary shares

NATURE OF TRANSACTIONS             Disposal of shares in order to settle tax
                                   obligations arising from the exercise of
                                   options as set out above, resulting in a net
                                   acquisition of 43 316 shares by the
                                   director (on-market transactions)

DATES OF TRANSACTIONS                   (1) 28 August 2023
                                        (2) 29 August 2023

PRICE PER SECURITY                      (1) High: R19.30
                                            Low: R19.12
                                            VWAP: R19.27
                                        (2) R19.25

NUMBER OF SECURITIES TRANSACTED         (1) 25 001
                                        (2) 5 729

TOTAL RAND VALUE OF SECURITIES          (1) 481 769.27
TRANSACTED                              (2) 110 283.25

NATURE AND EXTENT OF INTEREST IN   Direct, beneficial
THE TRANSACTIONS


3.
 NAME OF DIRECTOR                  Nicolas Mitchell

COMPANY OF WHICH A DIRECTOR        Renergen

STATUS: EXECUTIVE/NON-EXECUTIVE    Executive

TYPE AND CLASS OF SECURITIES       Ordinary shares

NATURE OF TRANSACTION              Exercise of options by the director in terms
                                   of the Renergen Bonus Share Plan
                                   (Off-market transaction)

VESTING DATE AND PERIOD            Awards vested on 3 July 2023, being the
                                   date on which the participant satisfied the
                                   employment condition(s) as specified in
                                   the award letter, and, to the extent
                                   applicable, any other conditions imposed.

EXERCISE DATE                      30 August 2023

STRIKE PRICE (RAND)                R0
 NUMBER OF OPTIONS EXERCISED                74 046

 NUMBER OF SHARES RECEIVED                  74 046

 TOTAL DEEMED RAND VALUE OF                 R1 406 874.00
 TRANSACTION (BASED ON THE CLOSING
 SHARE PRICE OF R19.00 ON 30 AUGUST
 2023)

 NATURE AND EXTENT OF INTEREST IN           Direct, beneficial
 THE TRANSACTIONS


4.
 NAME OF DIRECTOR                           Nicolas Mitchell

 COMPANY OF WHICH A DIRECTOR                Renergen

 STATUS: EXECUTIVE/NON-EXECUTIVE            Executive

 TYPE AND CLASS OF SECURITIES               Ordinary shares

 NATURE OF TRANSACTION                      Disposal of shares in order to settle tax
                                            obligations arising from the exercise of
                                            options as set out above, resulting in a net
                                            acquisition of 43 316 shares by the
                                            director (on-market transaction)

 DATE OF TRANSACTION                        30 August 2023

 PRICE PER SECURITY                         R19.00

 NUMBER OF SECURITIES TRANSACTED            30 730

 TOTAL RAND VALUE OF SECURITIES             R583 870.00
 TRANSACTED

 NATURE AND EXTENT OF INTEREST IN           Direct, beneficial
 THE TRANSACTION


Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.

31 August 2023

Designated Advisor
PSG Capital
www.renergen.co.za