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RCL FOODS – SMALL RELATED PARTY TRANSACTION

Shareholders are advised that RCL FOODS and Siqalo Foods (Pty) Ltd. (“Siqalo”) have entered into a management services agreement, in terms of which RCL FOODS shall be appointed to manage and assist Siqalo in its day-to-day business operations by providing agreed management services (the “MSA”). Siqalo manufactures and markets certain spreads products throughout South Africa,

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RCL FOODS – FINAL RESULTS JUNE 2019

Revenue from contracts with customers increased to R25.888 billion (2018: R24.528 billion), operating profit before depreciation, amortisation and impairment (“EBITDA”) decreased to R1.526 billion (2018: R2.046 billion), operating loss came in at R29.3 million (2018: profit of R1.270 billion), loss for the year attributable to equity holders of the company rose to R110.5 million (2018:

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