R2D2 has 1.9% Helium Concentration and Good Flow RENERGEN LIMITED Incorporated in the Republic of South Africa (Registration number: 2014/195093/06) JSE Share code: REN A2X Share code: REN ISIN: ZAE000202610 LEI: 378900B1512179F35A69 Australian Business Number (ABN): 93 998 352 675 ASX Share code: RLT (“Renergen” or “the Company”) R2D2 HAS 1.9% HELIUM CONCENTRATION AND GOOD FLOW Natural gas and helium producer Renergen is pleased to announce that further to the announcement of 10 May 2021, wherein we reported that inclined well R2D2 was suspended awaiting various approvals (after detecting gaseous odours and unquantified helium), drilling has now been completed. Gas samples from the completed well have confirmed gas contents, with helium of 1.9% and methane of 90.8%. Furthermore, the well is producing gas at a rate of 187,000 standard cubic feet per day, making this one of the more significant gas strikes in the Virginia Gas Project and well above the average of 120,000 standard cubic feet per day of current wells. “We are really pleased with this result. The helium is as expected, but more importantly the flow rate is higher than expected and the gas intersection is almost exactly on prognosis, which reaffirms our modelling of the predicted gas bearing structures,” said Stefano Marani, CEO. Johannesburg 2 November 2021 Authorised by: Stefano Marani Chief Executive Officer Designated Advisor PSG Capital For Australian Investors & Media, contact Citadel-MAGNUS Cameron Gilenko, 0466 984 953 To readers reviewing this announcement on the Stock Exchange News Service (SENS), this announcement may contain graphics and/or images which can be found in the PDF version posted on the Company’s website. www.renergen.co.za Date: 02-11-2021 08:30:00 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.