REUNERT LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1913/004355/06) ISIN: ZAE000057428 Share code: RLO (“Reunert” or the “Company” or the “Group”)

FINALISATION OF ACQUISITION OF SHARES IN ACCORDANCE WITH CSP HEDGING TRANSACTION

Reunert shareholders (“Shareholders”) are referred to the announcement published on SENS on 30 September 2020 wherein Shareholders were advised of the hedging transaction entered into between Reunert and Investec Bank Limited (“Investec”), an independent third party, on behalf of the Reunert 2019 Conditional Share Plan (“CSP”), to hedge the potential future obligations of the CSP (the “Hedging Transaction”), as provided for in the CSP rules. As required by the JSE Limited Listings Requirements (“Listings Requirements”), a purchase programme was put in place prior to the commencement of Reunert’s closed period on 1 October 2020.

In accordance with paragraph 14.9(f) of schedule 14 of the Listings Requirements, Shareholders are advised of the following acquisitions of Reunert ordinary shares (“Shares”) on behalf of the CSP, in execution of the Hedging Transaction, between 30 September 2020 and 19 November 2020:

Name of entity: Investec, on behalf of the CSP Class of securities: Ordinary shares Nature of transaction: Purchase of Shares pursuant to the Hedging Transaction Transaction completed: On-market Total number of Shares acquired: 2 346 930 Total value of Shares acquired: R79 032 108 Nature of interest: Indirect beneficial (purchased by Investec acting as an independent agent on behalf of the CSP) Clearance obtained in terms of paragraph 3.66 Yes (prior to the closed period) of the Listings Requirements:

The breakdown of the acquisitions of Shares is as follows:

Volume weighted Number of average price High Low Date Shares (VWAP) (price) (price) Value 30/09/2020 67 009 R28.65 R28.83 R28.47 R1 919 754 01/10/2020 32 534 R30.24 R30.52 R28.87 R983 890 02/10/2020 38 789 R31.61 R32.29 R30.79 R1 226 237 05/10/2020 464 006 R32.78 R32.85 R32.02 R15 211 834 06/10/2020 18 839 R32.55 .08 R31.84 R613 132 07/10/2020 40 745 R33.45 R33.68 R33.17 R1 363 018 08/10/2020 56 091 .77 .23 R33.68 R1 950 121 09/10/2020 37 400 .25 R36.98 R35.46 R1 355 896 12/10/2020 71 873 R35.08 .45 R34.23 R2 521 118 Volume weighted Number of average price High Low Date Shares (VWAP) (price) (price) Value 13/10/2020 57 767 R33.79 R35.63 R32.88 R1 951 820 14/10/2020 41 239 R32.48 R33.56 R31.57 R1 339 439 15/10/2020 49 117 R30.77 R31.60 R30.23 R1 511 468 16/10/2020 84 802 R30.29 R31.20 R29.84 R2 568 670 19/10/2020 81 495 R30.77 R31.15 R30.21 R2 507 503 20/10/2020 90 203 R30.36 R30.72 R30.20 R2 738 743 21/10/2020 45 937 R30.25 R30.68 R30.20 R1 389 456 22/10/2020 241 435 R31.67 R32.00 R30.18 R7 645 812 23/10/2020 14 303 R33.25 R34.86 R31.85 R475 622 26/10/2020 31 119 R34.24 R34.69 R34.01 R1 065 487 27/10/2020 18 309 R33.58 R34.84 R33.21 R614 829 28/10/2020 65 188 R33.68 R34.94 R33.09 R2 195 825 29/10/2020 47 436 R33.51 R34.51 R33.22 R1 589 628 30/10/2020 79 623 R33.65 R34.19 R32.92 R2 679 561 02/11/2020 38 544 R33.55 R34.25 R33.41 R1 293 032 03/11/2020 43 253 R34.80 R35.81 R33.71 R1 505 243 04/11/2020 21 141 R35.24 R36.88 R34.52 R745 104 05/11/2020 41 554 R35.54 R36.17 R35.09 R1 476 763 06/11/2020 35 009 R36.13 R36.62 R35.82 R1 264 882 09/11/2020 47 720 .20 R38.40 R36.05 R1 775 213 10/11/2020 121 605 R38.95 .28 R38.35 R4 736 442 11/11/2020 54 085 R39.19 R39.98 R38.56 R2 119 694 12/11/2020 31 186 R38.83 R39.20 R38.56 R1 210 896 13/11/2020 21 903 R38.18 R38.26 R37.90 R836 162 16/11/2020 37 011 R38.82 R39.38 R38.50 R1 436 919 17/11/2020 14 623 R39.81 R39.91 R38.27 R582 199 18/11/2020 49 807 R41.07 R41.72 R40.06 R2 045 783 19/11/2020 14 230 R41.10 R41.65 R41.01 R584 916 2 346 930 R33.67 R41.72 R28.47 R79 032 108

Sandton 20 November 2020

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