Efora Energy Limited (JSE:EEL) News - Results of the Annual General Meeting EFORA ENERGY LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: EEL ISIN: ZAE000248258 (“Efora” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised of the results of the voting at the annual general meeting (“AGM”) of the Company which was held electronically at 10h00 today. Votes Votes for against resolution resolution as a as a Number of Number of percentage percentage shares shares of total of total Number of voted at abstained number of number of shares AGM as a as a Resolutions shares shares voted at percentage percentage proposed at the voted at voted at AGM per of shares in of shares in AGM AGM AGM resolution issue issue Ordinary resolution number 1: Reappointment of External Auditors and Designated Audit Partner 100% 0,00% 972 038 509 88,06% 0,02% Ordinary resolution number 2: Election of Director – Ms Malande Tonjeni 100% 0,00% 971 943 509 88,05% 0,03% Ordinary resolution number 3: Re- election of Director who retires by rotation – Mr Patrick Mngconkola 100% 0,00% 971 943 509 88,05% 0,03% Ordinary resolution number 4: Election of Audit, Risk and Investment Committee member – Ms Malande Tonjeni 100% 0,00% 971 943 509 88,05% 0,03% Ordinary resolution number 5: Re- election of Audit, Risk and Investment 100% 0,00% 971 943 509 88,05% 0,03% Committee member – Mr Patrick Mngconkola Ordinary resolution number 6: Re- election of Audit, Risk and Investment Committee member – Ms Zanele Radebe 100% 0,00% 971 943 509 88,05% 0,03% Ordinary resolution number 7: Non- binding endorsement of Efora’s Remuneration Policy 100% 0,00% 971 943 509 88,05% 0,03% Ordinary resolution number 8: Non- binding endorsement of the Implementation Report 100% 0,00% 972 037 410 88,06% 0,02% Ordinary resolution number 9: General authority to Directors to allot and issue authorised but unissued ordinary shares 1,48% 98,52% 972 038 509 88,06% 0,02% Ordinary resolution number 10: General authority to issue shares for cash 1,93% 98.07% 972 037 410 88,06% 0,02% Ordinary resolution number 11: Authority to sign all required documentation 100% 0,00% 972 038 509 88,06% 0,02% Special resolution number 1: General authority to acquire (repurchase) shares 1,49% 98,51% 972 058 509 88,06% 0,02% Special resolution number 2: Remuneration of Non-executive Directors 99,99% 0,01% 971 963 509 88,05% 0,03% Special resolution number 3: General 1,95% 98,05% 972 037 410 88,06% 0,02% approval to provide financial assistance for subscription or purchase of ordinary shares in related or inter- related entities in terms of section 44 of the Companies Act Special resolution number 4: Direct or indirect financial assistance (“financial assistance” will herein have the meaning attributed to it in section 45 (1) of the Companies Act) to any company related or inter- related to the Company or to any juristic person who is a member of or related to any such companies 1,93% 98,07% 972 038 509 88,06% 0,02% Note: Total number of shares in issue as at the date of the AGM was 1 103 834 635. Johannesburg 30 July 2021 Sponsor PSG Capital Date: 30-07-2021 12:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.