QUANTUM FOODS HOLDINGS LIMITED - Demand received from a shareholder

Demand received from a shareholder

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2013/208598/06)
Share code: QFH
ISIN: ZAE000193686
("Quantum Foods" or the "Company")

DEMAND RECEIVED FROM A SHAREHOLDER

Shareholders of the Company ("Shareholders") are advised that the Company has received a written demand from
Braemar Trading Limited ("Braemar"), purportedly in terms of section 61(3) of the Companies Act, No. 71 of 2008, to
call a Shareholders meeting ("Demand").

In terms of the Demand, the specific purpose for which Braemar has demanded a meeting is for the proposal of
resolutions in respect of the removal of Messrs Wouter André Hanekom (chairman of the board of directors of the
Company ("Board")), Gary Vaughan-Smith and Larry Wilson Riddle as directors of the Company and the election of
Braemar's nominee (Mr Hamish Bryan Wilburn Rudland) as a director of the Company.

The Company has taken legal advice and is of the view that the Demand is not legally compliant. In the circumstances
the Board will not be convening a Shareholders meeting.


Wellington
13 March 2024

Corporate advisor and Sponsor
One Capital

Attorneys
Webber Wentzel



Date: 13-03-2024 09:00:00
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