Broad-Based Black Economic Empowerment Act (“The Act”): Annual Compliance Report

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')

BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT ('THE ACT'): ANNUAL COMPLIANCE REPORT

In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Limited Listings Requirements, notice is hereby given that the Company's annual compliance certificate in terms of section 13G(2) of the Act has been published and is available on the Company's website at https://www.eforaenergy.com/corporate-social-responsibility/human-and- social-sustainability/.

Johannesburg

6 July 2021

Sponsor

PSG Capital

For further information please contact:

Efora Energy Limited

Darrin Arendse

[phone]

About Efora

Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE. The Company has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo; a midstream project relating to crude trading in Nigeria and material downstream distribution operations throughout Southern Africa. Our focus as a Group is on delivering energy for the African continent by using Africa's own resources to meet the significant growth in demand expected over the next decade.