Cold Boxes Being Pre-Cooled In Preparation For Gas 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”) COLD BOXES BEING PRE-COOLED IN PREPARATION FOR GAS Renergen is pleased to announce strong progress in commissioning of Phase 1 of the Virginia Gas Project. The cold boxes are currently in the process of being purged and pre-cooled using liquid nitrogen, which is an important process in preparing the units for acceptance of gas from the field in the coming week. A major advantage of using nitrogen to cool the system is that it simultaneous purges the system of any oxygen rich air, which significantly reduces risks associated with fires during start up. Further testing is underway as part of the commissioning process and the Company will inform the market as milestones are reached. We have already completed and commissioned fire protection, Instrument air systems and various smaller subsystems. The conduction oil system is the next major item to be completed for process unit start up. “The team is being extremely thorough and diligent in making sure every step in the commissioning process is done correctly. A key focus area which has been successfully completed is the testing and retesting of the fire systems, particularly in light of all the recent plant failures globally. Seeing the plant at cryogenic temperatures is such an amazing sight, knowing that this is soon to become the first commercial plant of its kind in South Africa,” said CEO, Stefano Marani. Johannesburg 2 May 2022 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: 03-05-2022 08:00:00 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.