QUANTUM FOODS HOLDINGS LIMITED - Notice of AGM, No change statement, Availability of the B-BBEE report and nominations for appointments to the board

Notice of AGM, No change statement, Availability of the B-BBEE report and nominations for appointments to the board

 QUANTUM FOODS HOLDINGS LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration number: 2013/208598/06)
 Share code: QFH
 ISIN: ZAE000193686
 (the “Company”)

NOTICE OF ANNUAL GENERAL MEETING, NO CHANGE STATEMENT, AVAILABILITY OF THE BROAD-BASED
BLACK ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE REPORT (“B-BBEE REPORT”) AND
NOMINATIONS FOR APPOINTMENTS TO THE BOARD OF DIRECTORS OF THE COMPANY (“BOARD”)

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the annual general meeting (“AGM”) of the Company’s shareholders (“Shareholders”),
(“Notice of AGM”) will be held at 11:00 on Friday, 19 February 2021, subject to the Company determining that the
AGM will be held entirely by electronic means, as more fully set out in the Notice of AGM, at Rhebokskloof Estate,
Agter Paarl, Windmeul.

The        Notice      of      AGM       is     available        on      the    Company’s        website     at
http://quantumfoods.co.za/downloads/shareholder/quantum-foods-notice-of-agm-2020.pdf and will be distributed to
Shareholders by Monday, 18 January 2021, together with the summary audited consolidated annual financial
statements, with explanatory notes and commentary, for the year ended 30 September 2020 and a form of proxy.

Salient dates
                                                                                                                       2021
 Record date to determine which Shareholders are entitled to receive the Notice of
 AGM, on                                                                                                  Friday, 8 January
 Distribution of the Notice of AGM to Shareholders, on                                                   Monday, 18 January
 Last day to trade in order to be eligible to attend, participate in and vote at the AGM,
 on                                                                                                     Tuesday, 9 February
 Record date to determine which Shareholders are entitled to attend, participate in
 and vote at the AGM, on                                                                                Friday, 12 February
 Forms of proxy for the AGM to be lodged by 11:00, on                                                Wednesday, 17 February*
 AGM to be held at 11:00, on                                                                            Friday, 19 February

* Any forms of proxy not lodged by this date and time may be handed to the chairperson of the AGM prior to the commencement of
the AGM.

NO CHANGE STATEMENT

Furthermore, Shareholders are advised that the annual report and the annual financial statements for the year ended
30       September      2020     (“AFS”)      are     available     on      the     Company’s         website     at
http://quantumfoods.co.za/downloads/2020/quantum-foods-integrated-report-2020.pdf                               and
http://quantumfoods.co.za/downloads/2020/annual-financial-statements-for-the-year-ended-30-september-2020.pdf,
respectively. To request printed copies of the AFS and/or annual report with summary consolidated financial
statements, please contact Veronica Basson at info@quantumfoods.co.za or Marisha Gibbons at
Marisha.Gibbons@quantumfoods.co.za.

The AFS and the auditor’s report thereon contain no modifications to the summary audited consolidated financial
statements for the year ended 30 September 2020, published on SENS on Thursday, 26 November 2020 (“Results
Announcement”), or the auditor’s report referred to in the Results Announcement.

AVAILABILITY OF THE B-BBEE REPORT

Shareholders are further advised that the Company’s annual compliance report prepared pursuant to section 13(G)(2)
of the Broad-Based Black Economic Empowerment Act No. 53 of 2003 is available on the Company’s website:
https://quantumfoods.co.za/downloads/company-documents/form-1-b-bbee-compliance-report.pdf.

NOMINATIONS FOR APPOINTMENTS TO THE BOARD

Shareholders are further advised that in terms of the Company’s memorandum of incorporation:

   -   Messrs Bob Dobbie and Fortune Mojapelo, have been nominated for election to the Board, as independent
       non-executive directors of the Company, by a Shareholder holding 31.72% of the voting rights in the Company
       as at 30 September 2020; and
   -   Mr Gary Vaughan-Smith has been nominated for election to the Board, as a non-executive director of the
       Company, by a Shareholder holding 32.25% of the voting rights in the Company as at 30 September 2020.

The election of each of the above-mentioned nominees will be proposed by way of a separate resolution at the AGM
and a brief curriculum vitae of each of them appears in Annexure 3 of the Notice of AGM.


Wellington
18 December 2020

Corporate Advisor and Sponsor
One Capital

Attorneys
Cliffe Dekker Hofmeyr Inc.

Date: 18-12-2020 08:00:00
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