Exercise Of Phantom Share Rights In Terms Of Equity Settled Phantom Share Plan And Dealing In Company Shares 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”) EXERCISE OF PHANTOM SHARE RIGHTS IN TERMS OF THE QUANTUM FOODS HOLDINGS LIMITED EQUITY SETTLED PHANTOM SHARE PLAN AND DEALING IN COMPANY SHARES In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of phantom share rights is disclosed: 1. NAME OF DIRECTOR Hendrik Albertus Lourens COMPANY OF WHICH A DIRECTOR Quantum Foods Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Delivery of ordinary shares through the exercise of phantom share rights in terms of the Quantum Phantom Share Plan (off- market transaction) DATE OF EXERCISE OF PHANTOM SHARE 20 February 2019 RIGHTS VESTING DATE OF PHANTOM SHARE 18 February 2019 RIGHTS EXERCISED PERIOD OF EXERCISE Participants have a 12 month period from the vesting date during which Phantom Share Rights can be exercised NUMBER OF ORDINARY SHARES 93 490 DELIVERED PRICE PER ORDINARY SHARE R3.4960 DELIVERED TOTAL RAND VALUE OF ORDINARY R326 841.04 SHARES DELIVERED PHANTOM SHARE RIGHTS STRIKE PRICE R2.660 NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION 2. NAME OF DIRECTOR André Muller COMPANY OF WHICH A DIRECTOR Quantum Foods Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Delivery of ordinary shares through the exercise of phantom share rights in terms of the Quantum Phantom Share Plan (off- market transaction) DATE OF EXERCISE OF PHANTOM SHARE 21 February 2019 RIGHTS VESTING DATE OF PHANTOM SHARE 18 February 2019 RIGHTS EXERCISED PERIOD OF EXERCISE Participants have a 12 month period from the vesting date during which Phantom Share Rights can be exercised NUMBER OF ORDINARY SHARES 27 954 DELIVERED PRICE PER ORDINARY SHARE R3.5219 DELIVERED TOTAL RAND VALUE OF ORDINARY R98 451.19 SHARES DELIVERED PHANTOM SHARE RIGHTS STRIKE PRICE R2.660 NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION DEALINGS IN COMPANY SHARES 1. NAME OF DIRECTOR Hendrik Albertus Lourens COMPANY OF WHICH A DIRECTOR Quantum Foods Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares DATE OF TRANSACTION 20 February 2019 NUMBER OF SECURITIES TRANSACTED 43 052 PRICE PER ORDINARY SHARE R3.5000 TOTAL RAND VALUE OF SECURITIES R150 682.00 NATURE OF TRANSACTION Disposal of ordinary shares to cover taxation as a result of the exercise of the Phantom Share Rights (on-market transaction NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION 2. NAME OF DIRECTOR André Muller COMPANY OF WHICH A DIRECTOR Quantum Foods Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares DATE OF TRANSACTION 21 February 2019 NUMBER OF SECURITIES TRANSACTED 13 012 PRICE PER ORDINARY SHARE R3.5000 TOTAL RAND VALUE OF SECURITIES R45 542.00 NATURE OF TRANSACTION Disposal of ordinary shares to cover taxation as a result of the exercise of the Phantom Share Rights (on-market transaction NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Wellington 22 February 2019 Sponsor PSG Capital Date: 22/02/2019 01:40:00 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.