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Fri 29 May 2026, 13:53 EFORA ENERGY LIMITED - Quarterly update announcement
Quarterly update announcement

EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1993/000460/06)
JSE Share Code: EEL
ISIN: ZAE000248258
("Efora" or "the Company")

QUARTERLY UPDATE ANNOUNCEMENT

Shareholders of the Company ("Shareholders") are referred to the ongoing suspension in trading
of the Company's shares on the Johannesburg Stock Exchange ("JSE") which came into effect in
July 2025 following the late publication of the consolidated annual financial results for the year ended
28 February 2025 ("2025 Annual Results"). The purpose of this announcement is to provide an
update on the current state of affairs of the Company and the progress made to date in working
towards achieving the reinstatement of trading in the Company's shares. This update also follows
the last cautionary renewal announcement released on the Stock Exchange News Service on 21
May 2026 ("Announcement"), wherein the Company advised that engagements that were being
held in respect of a potential transaction under consideration was terminated.

The Company also advised in such Announcement that the Board has resolved that it is in the best
interests of the Company, its creditors and affected stakeholders to apply to the High Court of South
Africa for an order placing the Company into provisional liquidation.

The publication of the 2025 Annual Results remains subject to ongoing processes, and the
Company will provide an update to shareholders in due course.

Johannesburg
29 May 2026

Sponsor
PSG Capital

For further information please contact:

Efora Energy Limited
Darrin Arendse
+27 (0)10 591 2260

Date: 29-05-2026 01:53:00
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