RFG Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2012/074392/06) ISIN: ZAE000191979 Share Code: RFG (“RFG”) PURCHASE OF SHARES BY SUBSIDIARY COMPANY In compliance with the JSE Limited Listings Requirements, RFG announces that its major subsidiary has, in accordance with the rules of The Rhodes Food Group 2015 Share Plan (the Plan), purchased RFG shares in the open market in order to fulfill the settlement of restricted shares. The following information relating to the purchase is disclosed: Company RFG Foods Proprietary Limited Date of transaction 24 November 2022 Nature of transaction On market purchase of securities Class of securities Ordinary shares Number of shares purchased 50 000 Volume weighted average purchase price per share: R11.50 Highest purchase price per share R11.65 Lowest purchase price per share R11.49 Total value of transaction R575 239.75 Nature of interest Direct beneficial Clearance obtained Yes Groot Drakenstein 25 November 2022 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited)