RENERGEN LIMITED - Regulatory Updates

Regulatory Updates

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")

REGULATORY UPDATES

Renergen has consistently demonstrated its unwavering commitment to sound corporate
governance. Over the past several months, the Company has faced allegations regarding
potential irregularities in its business practices and South African corporate governance. The
Company is pleased to announce that after thorough reviews, the relevant South African
regulatory bodies have unequivocally cleared the Company and its directors of any alleged
wrongdoing, leaving no grounds for further inquiry or action.

The claims raised concerns about the Company's adherence to established regulations and
industry standards. Stemming from its acquisition of Tetra4 in 2015, the key areas of scrutiny
included:

   •   allegations relating to company directorships that were not appropriately disclosed;
   •   the Company has not complied with JSE disclosure requirements or has misled
       investors;
   •   certain of the Company's financial statements are not fully in compliance with IFRS;
       and
   •   alleged unauthorised discharge of wastewater.

Responding to these allegations, the relevant South African regulatory authorities initiated
comprehensive investigations. We fully cooperated with these inquiries, providing complete
transparency and access to all necessary information.

With this matter conclusively resolved and our ethical business practices and regulatory
compliance decisively validated, we will continue to focus on delivering value to our
stakeholders while upholding the highest standards of corporate governance and responsible
business conduct.

Johannesburg
14 August 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 – Gateway Group, (949) 574-3860
Ren@gateway-grp.com

Date: 14-08-2024 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.