RCL FOODS' shareholders were referred to the announcement released by RCL FOODS on 4 June 2024 All conditions to the Listing and the Unbundling have been fulfilled and the pre-listing statement of Rainbow is being published on Monday, 10 June 2024, and will be accessible on the Rainbow website at (https://rainbowchickens.co.za/investor- relations/) and the RCL FOODS website at (https://rclfoods.com/investor-center/transaction-documents/).

Rainbow has complied with all the requirements of the JSE for the Listing and has been granted approval for a listing of all its issued shares on the Main Board of the JSE under the abbreviated name "Rainbow", share code "RBO" and ISIN ZAE000334850, with effect from the commencement of trade on Wednesday, 26 June 2024. The Rainbow Shares will be listed in the "Consumer Goods" sector of the Main Board of the JSE.

In light of the publication of the Pre-listing Statement, Rainbow and RCL FOODS have sought to provide Shareholders with additional information regarding Rainbow and have, for this purpose, commissioned the preparation of an independent analyst research report ("Research Report") by VS Research (Pty) Ltd. Shareholders are advised that the Research Report will be published by Rainbow and RCL FOODS on Tuesday, 11 June 2024, and will be accessible on both the Rainbow website (https://rainbowchickens.co.za/investor-relations/) and the RCL FOODS website (https://rclfoods.com/investor-center/transaction-documents/).