ASTRAL FOODS LIMITED - Appointment of Independent Non-Executive Directors and Members of the Audit and Risk Committee

Appointment of Independent Non-Executive Directors and Members of the Audit and Risk Committee

ASTRAL FOODS LIMITED
(Reg. No. 1978/003194/06)
(Incorporated in the Republic of South Africa)
Share Code: ARL
A2X Code: ARL
ISIN Code: ZAE000029757
("Astral" or the "Company")

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS AND MEMBERS OF THE AUDIT AND RISK COMMITTEE

In compliance with paragraph 6.71(a) of the JSE Listings Requirements, shareholders are advised that Ms
Alexander Muller and Ms Marion Shikwinya have been appointed as Independent Non-Executive Directors
to the Board of Directors of Astral (the "Board") and members of the Audit and Risk Committee with effect
from 1 August 2026.

Alexander is a Chartered Accountant, having completed her articles at PricewaterhouseCoopers Inc. (PwC)
in 2002. She joined the PwC partnership in 2010 to February 2019, and since 2014, was responsible for
heading up the Governance, Risk and Internal Audit Practice in the Financial Services Assurance division at
PwC. She is a former Non-Executive Director and Audit and Risk Committee Chairperson of Murray and
Roberts Holdings Limited. Alexander is currently a Non-Executive Director of AVI Limited, where she chairs
the Social and Ethics Committee and is a member of the Audit and Risk Committee. She is also a Non-
Executive Director of Infiniti Insurance Limited, a member of the Audit and Risk Committee, Compliance
Committee as well as the Remuneration Committee. Alexander serves as a member of the Nominations
Committee at Discovery Health Medical Scheme.

Marion, an admitted attorney, practiced with Adams & Adams and Webber Wentzel Attorneys, where she
focused on Intellectual Property as well as mergers and acquisitions. She is a seasoned Legal, Risk,
Compliance and ESG expert. Marion currently serves on a variety of boards, including the listed Mahube
Infrastructure Limited. She represents Agbiz (Agricultural Business Chamber) on the Gauteng Province Agri
Black Economic Empowerment Sector Charter Structure and serves on the Market Access Committee,
amongst others. She is a former member of the John Deere Africa Board and chaired their Social and Ethics
Committee. She is an Independent Non-Executive Director at Mahube, where she chairs the Social and
Ethics Committee and is a member of the Investment Committee as well as the Audit and Risk Committee.

The Board confirms that a fit and proper assessment has been conducted on both of these directors and that
the Board is satisfied with the outcome of these assessments. In accordance with paragraph 6.74 of the JSE
Listings Requirements, the Company advises that Alexander previously served as a director of a company
that was placed into liquidation in 2024. The Board is satisfied that the aforementioned matter does not
impact her suitability for appointment.

Save for the above, there are no other matters requiring disclosure in respect of the integrity information
contained in the directors' declarations.

Lanseria
6 July 2026

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 06-07-2026 09:20:00
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.