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

DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY AND A DIRECTOR OF A MAJOR SUBSIDIARY
                                     OF THE COMPANY

Shareholders of Quantum Foods (“Shareholders”) are referred to the SENS announcement published earlier today,
11 March 2024, regarding the exercise of Phantom Share Rights (“PSRs”) issued by the Company under the
Quantum Foods Holdings Limited Equity Settled Phantom Share Plan (“Scheme”) by certain participants of the Scheme,
including executive directors of the Company, the newly appointed chief executive officer of the Company (“CEO”) and
a director of a major subsidiary of the Company (collectively, the “Participants”), (“PSR Exercises”).

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”),
Shareholders are hereby advised that, today, 11 March 2024, the Participants entered into an agreement to dispose of
some of the ordinary shares in Quantum Foods (“Shares”) to be delivered to them pursuant to the PSR Exercises to an
independent third party (“Purchaser”), (“Agreement”). The sale of Shares pursuant to the Agreement is expected to be
implemented before Thursday, 28 March 2024.

The sale of Shares by Participants pursuant to the Agreement is for purposes of enabling Participants to settle their tax
liability arising from the PSR Exercises.

As far as the Company is aware, the Purchaser entered into the Agreement for commercial reasons, and has no intention
of making an offer to acquire the remaining Shares in the Company and is not acting in concert with any other
Shareholder.

Additional information pertaining to the Agreement and certain Participants is detailed below:

    Price per Share:                                                 R5.30
    Nature and extent of interest:                                   Direct beneficial
    On-market or off-market:                                         Off-market
    Clearance given in terms of paragraph 3.66 of the Listings       Yes
    Requirements:

Transaction 1:

    Name of executive director of the Company:                       Hendrik Albertus Lourens
    Number of Shares sold pursuant to the Agreement:                 182 842
    Total value of Shares sold pursuant to the Agreement:            R969 062.60

Transaction 2:

    Name of executive director of the Company:                       André Hugo Muller
    Number of Shares sold pursuant to the Agreement:                 51 273
    Total value of Shares sold pursuant to the Agreement:            R271 746.90




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Transaction 3:

   Name of director of a major subsidiary of the Company:          Roelof Viljoen
   Name of major subsidiary:                                       Quantum Foods Proprietary Limited
   Number of Shares sold pursuant to the Agreement:                46 770
   Total value of Shares sold pursuant to the Agreement:           R247 881.00

Transaction 4:

   Name of newly appointed CEO of the Company:                     Adel Deidré van der Merwe
   Number of Shares sold pursuant to the Agreement:                47 639
   Total value of Shares sold pursuant to the Agreement:           R252 486.70

The Agreement will result in an aggregate of 719 038 Shares being sold by the Participants to the Purchaser.


Wellington
11 March 2024

Corporate advisor and Sponsor
One Capital




Attorneys
Webber Wentzel




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