Discontinuation of cheque payments 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”) DISCONTINUATION OF CHEQUE PAYMENTS Shareholders of Quantum Foods (“Shareholders”) are referred to the joint announcement by the South African Reserve Bank, Financial Sector Conduct Authority, Payments Association of South Africa and the Banking Association South Africa, published on Wednesday, 18 November 2020, wherein it was advised that with effect from Thursday, 31 December 2020 the usage of cheques as a form of payment will be discontinued and South African banks will not accept any cheques for deposit or encashment. Accordingly, Shareholders who ordinarily receive payment of cash distributions from the Company (“Distributions”) by cheque or who have not previously provided the Company with South African bank account details (“Affected Shareholders”), are required to provide the Company’s transfer secretaries (Computershare Investor Services Proprietary Limited), their central securities depository participant (CSDP) or broker, with details of their nominated South African bank account for purposes of future payments by the Company of any Distributions (“Bank Account Nomination”). Shareholders are advised that if any Affected Shareholder fails to make a Bank Account Nomination, then any future Distributions payable to such Affected Shareholder will be held in trust by the Company until such time as the Affected Shareholder has made the Bank Account Nomination. Wellington 11 January 2021 Corporate Advisor and Sponsor One Capital Attorneys Cliffe Dekker Hofmeyr Inc. Date: 11-01-2021 02:50:00 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.