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”) INVESTOR UPDATE Renergen today issued the following statement in response to the recent negativity initiated on social media which we believe has acted as a catalyst to place downward pressure on the Company’s share price, resulting in a substantial loss in value. Importantly, management is not aware of any fundamental changes in its business strategy and outlook. We firmly believe that the current decline in our share price should not be attributed to any changing circumstances of the Company's fundamentals. While opportunistic attacks on illiquid stocks remains a common issue within the South African financial services community, the Company will assess the comments and consider appropriate next steps to protect the interests of all of its shareholders. We remain committed to pursuing our strategy, and urge caution on investors interpreting any information released in social media not sanctioned by the Company as being accurate or representative. Johannesburg 6 October 2023 Authorised by: Stefano Marani Chief Executive Officer Designated Advisor PSG Capital www.renergen.co.za For all media relations please contact: Mandy Stuart Head of Marketing & ESG Management mandy@renergen.co.za For all US investors and media relations please contact: Georg Venturatos / Jared Gornay – Gateway Group, (949) 574-3860 Ren@gateway-grp.com