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Further Cautionary 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”)

Shareholders are referred to the Company’s previous cautionary announcements, the last of which was published on 18 February 2026, in which shareholders were advised that the Company is engaged in negotiations, which, if successfully concluded, may have a material effect on the price of the Company’s securities.

The Board advises that engagements remain ongoing in respect of a potential transaction under consideration. While progress has been made, certain aspects remain subject to further discussions and consideration.

Accordingly, as the outcome of these discussions may have a material effect on the price of the Company’s securities, shareholders are advised to continue to exercise caution when dealing in the Company’s securities until a further announcement is made.

Johannesburg
01 April 2026

Sponsor
PSG Capital

For further information please contact:

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

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IMPORTANT NOTICE TO SHAREHOLDERS REGARDING THEIR SHARES

If you are in any doubt as to what action you should take, consult your CSDP, Broker, Banker, Legal Adviser, Accountant or other professional advisers immediately.

Or visit our Shareholder Information page for more information regarding your shareholding and share certificate.