ASTRAL FOODS LIMITED
(Reg. No. 1978/003194/06)
(Incorporated in the Republic of South Africa)
Share Code: ARL
ISIN Code: ZAE000029757
(“Astral Foods” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that the voting results of the hybrid annual general meeting of Astral Foods (“AGM”) held on
Thursday, 1 February 2024, were as follows:

  Resolutions                                    Number of    Percentage        For**     Against**     Abstained
                                                    shares    of shares in         %             %             ***
                                                     voted         issue*                                       %
                                                                        %
  1. Ordinary resolution number 1:
     Consideration and adoption of
     annual financial statements                 28 615 972         66.67       100.0            0.0           0.33
  2. Ordinary resolution number 2:
     Election of Mr JAI Ferreira as
     director                                    28 754 090         66.99       99.78           0.22            0.0
  3. Ordinary resolution number 3:
     Re-election of directors
      3.1. Mr DJ Fouché                          28 754 090         66.99       91.10           8.90            0.0
      3.2. Mr S Mayet                            28 754 090         66.99       100.0            0.0            0.0
  4. Ordinary resolution number 4:
     Re-appointment of members of the
     Audit and Risk Management
     Committee
      4.1. Mr DJ Fouché (subject to
           approval of ordinary
           resolution 3.1)                       28 754 090         66.99       92.62           7.38            0.0
      4.2. Mr S Mayet (subject to
           approval of ordinary
           resolution 3.2)                       28 754 090         66.99       100.0            0.0            0.0
      4.3. Mrs TM Shabangu                       28 754 090         66.99       62.34          37.66            0.0
  5. Ordinary resolution number 5:
     Re-appointment of members of the
     Social and Ethics Committee
      5.1. Mrs TM Shabangu                       28 755 540         66.99       99.44           0.56            0.0
      5.2. Dr T Eloff                            28 755 540         66.99       93.80           6.20            0.0
      5.3. Mr GD Arnold                          28 755 540         66.99       100.0            0.0            0.0
      5.4. Mr LW Hansen (independent
           consultant)                           28 755 540         66.99       88.74          11.26            0.0
  6. Ordinary resolution number 6:
     Appointment of the new
     independent auditor                         28 754 090         66.99       99.33           0.67            0.0
  7. Ordinary resolution number 7:               26 563 926         61.89       84.98          15.02           5.11
        Approval of the Remuneration
        Policy
  8.    Ordinary resolution number 8:
        Approval of the implementation of
        the Remuneration Policy                 28 754 090            66.99             77.94      22.06                 0.0
  9.    Ordinary resolution number 9:
        Signature of documentation              28 754 090            66.99             100.0         0.0                0.0
  10.   Special resolution number 1:
        Fees payable to non-executive
        directors                               28 754 090            66.99             88.87      11.13                 0.0
  11.   Special resolution number 2:
        Authority to provide financial
        assistance to related and inter-
        related companies                       28 754 090            66.99             100.0         0.0                0.0
  12.   Special resolution number 3:
        General authority to repurchase
        shares in the Company                   28 754 090            66.99             100.0         0.0                0.0

*       Based on 42 922 235 shares in issue as at the date of the AGM.
**      In relation to the total number of shares voted at the AGM.
***     In relation to the total number of shares in issue as at the date of the AGM.

Based on the above voting results, all resolutions were passed by the requisite majority of Astral Foods’ shareholders
present in person or represented by proxy at the AGM.


Lanseria
2 February 2024

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited