RENERGEN LIMITED - Reviewed interim consolidated financial statements for the six months ended 31 August 2024

Reviewed interim consolidated financial statements for the six months ended 31 August 2024

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")


REVIEWED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX
MONTHS ENDED 31 AUGUST 2024


1.   SALIENT FEATURES

     Revenue from ordinary activities increased by R1.8 million from R.23.8 million for the six
     month period ended 31 August 2023 ("Prior Reporting Period") to R25.6 million in the
     six month period ended 31 August 2024 ("Current Reporting Period").

     The total comprehensive loss for the period increased by 55.2% from a loss of R43.5
     million in the Prior Reporting Period to a loss R67.5 million in the Current Reporting
     Period.

     Headline loss per share increased by 53.10% from a headline loss of ZAR 0.2987 (AUD
     0.0253) per share in the Prior Reporting Period, to a headline loss of ZAR 0.4573 (AUD
     0.0387) per share in the Current Reporting Period.

     Loss per share increased by 52.89% from a loss of ZAR 0.2991 (AUD 0.0253) per share
     in the Prior Reporting Period, to a loss of ZAR 0.4573 (AUD 0.0387) per share in the
     Current Reporting Period.

     The board of directors has not declared a dividend. (August 2023: nil).

     AUD ZAR exchange rate used above was 11.80.

2.   SHORT-FORM ANNOUNCEMENT

     This short-form announcement is the responsibility of the directors of the Company. It
     contains only a summary of the information in the full announcement
     ("Full Announcement") and does not contain full or complete details. The Full
     Announcement can be found at:

     https://senspdf.jse.co.za/documents/2024/JSE/ISSE/REN/RENHY25.pdf

     A copy of the Full Announcement is also available for viewing on the Company's website
     at https://www.renergen.co.za/wp-content/uploads/2024/10/4D-31-August-2024-28-Oct-
     2024-signed.pdf
     Any investment decisions by investors and/or shareholders should be based on
     consideration of the Full Announcement, as a whole.
     These interim results have been reviewed by the Company's auditors, BDO South Africa
     Incorporated. who expressed an unmodified review opinion thereon. The auditors have
     however drawn the readers' attention to the fact that that while the Group is finalising its
     funding initiatives as highlighted during the period, material uncertainty relating to going
     concern remains as a result of the required regulatory and other approvals and the
     completion of the funding initiatives. These represent material uncertainties that may cast
     significant doubt on the Group's ability to continue as a going concern and therefore, that
     it may be unable to realise its assets and discharge its liabilities in the normal course of
     business. Their review conclusion is not modified in respect of this matter.

Johannesburg
31 October 2024

Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital

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

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: 31-10-2024 10:11:00
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