RCL FOODS LIMITED - Report on proceedings at the annual general meeting

Report on proceedings at the annual general meeting

RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL
(“RCL FOODS”)

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the 60th Annual General Meeting (“AGM”) of the shareholders of RCL FOODS held today, 12 November 2026,
all the ordinary and special resolutions proposed at the AGM were approved by the requisite number of
votes. In this regard, RCL FOODS confirms the voting statistics from the AGM as follows:

Resolutions                             Votes cast disclosed as      Number of      Shares voted           Shares
                                                a percentage in   shares voted    disclosed as a        abstained
                                          relation to the total                    percentage in   disclosed as a
                                         number of shares voted                      relation to    percentage in
                                                 at the meeting                        the total      relation to
                                                                                  issued shares*        the total
                                                 For    Against                              (%)   issued shares*
                                                 (%)        (%)                                               (%)
Ordinary Resolutions
1.  Re-election of directors
1.1 Mr PD Cruickshank                       99.99901    0.00099    866 035 671          96.21898          0.00283
1.2 Ms GP Dingaan                           99.99900    0.00099    866 035 671          96.21898          0.00283
1.3 Mr DTV Msibi                            91.46484    8.53516    866 035 671          96.21898          0.00283
1.4 Mr CPF Vosloo                           97.39896    2.60104    866 035 671          96.21898          0.00283
2.  Appointment of external auditors       100.00000    0.00000    866 034 671          96.21887          0.00295
3.  Election of members of the Audit Committee
3.1 Ms GP Dingaan                           99.99901    0.00099    866 035 671          96.21898          0.00283
3.2 Mr DTV Msibi                            91.45355    8.54645    866 035 671          96.21898          0.00283
3.3 Mr GC Zondi                             91.50698    8.49302    866 035 671          96.21898          0.00283
4.  Election of members of the Social and Ethics Committee
4.1 Mr PD Cruickshank                       99.99901    0.00099    866 035 671          96.21898          0.00283
4.2 Ms GP Dingaan                           99.99901    0.00099    866 035 671          96.21898          0.00283
4.3 Dr PM Moumakwa                          99.85998    0.14002    866 035 671          96.21898          0.00283
4.4 Mr GC Zondi                             94.76791    5.23209    866 035 671          96.21898          0.00283
5.  General authority to place 10%          83.59680   16.40320    866 034 671          96.21887          0.00295
    of the unissued ordinary shares
    under the control of the
    directors
6.  Enabling resolution                     99.99901    0.00099    866 034 671          96.21887          0.00295
7.  Approval of the Remuneration            99.20176    0.79824    866 034 671          96.21887          0.00295
    Policy
8.  Approval of the Remuneration            99.01619    0.98381    866 034 671          96.21887          0.00295
    Report
Special Resolutions
1.  Financial assistance in terms of        88.90791   11.09209    866 034 671          96.21887          0.00295
    section 44 of the Companies Act
2.  Financial assistance in terms of        91.50895    8.49105    866 034 671          96.21887          0.00295
    section 45 of the Companies Act
3.  Approval of non-executive               99.67586    0.32414    866 034 671          96.21887          0.00295
    directors’ remuneration
4.  General authority to repurchase         99.98707    0.01293    866 057 682          96.22143          0.00039
    shares
5.  Amendment to Company’s                 100.00000    0.00000    866 034 671          96.21887          0.00295
    Memorandum of Incorporation

Total issued share capital is 900 067 356 shares.

Westville
12 November 2026

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 12/11/2026 02:06:00
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