Fulfilment Of Conditions Precedent 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" or "the Group") FULFILMENT OF CONDITIONS PRECEDENT Renergen is pleased to announce that following the announcement published on 27 December 2023 wherein the signature of the agreement by Mahlako Gas Energy Proprietary Limited to invest into the Company's primary asset (the Virginia Gas Project) via investing in a 5.5% equity stake in Tetra4 Proprietary Limited for R550 million (A$ 43.4 million) (the "Transaction") was announced , all conditions precedent have now been satisfied, and cash will be settled into the Company's accounts as per the agreement. All material terms commercial terms of the Transaction, including inter alia the put and security arrangements, have been fully disclosed. "With another milestone achieved, we tread closer every day to bringing the Virginia Gas Project to its full potential at this time of global energy and helium scarcity," said CEO Stefano Marani. Johannesburg 5 February 2024 Authorised by: Stefano Marani Chief Executive Officer Designated Advisor PSG Capital 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 For all media relations please contact: investorrelations@renergen.co.za For all US investors and media relations please contact: Georg Venturatos / Jared Gornay – Gateway Group, (949) 574-3860 Ren@gateway-grp.com Date: 05-02-2024 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.