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”)

RESIGNATION OF DIRECTOR

In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the board of directors of the Company (“the Board”) wishes to advise that Tariro Gadzikwa, has resigned as financial director of the Company and all subsidiaries with effect from 30 September 2020, in order to pursue other interests.

The Board and Management would like to thank Tariro for her valuable contribution to the Company over the years and wishes her well in her future endeavours.

The Board has commenced a process of identifying a suitable replacement and shareholders will be advised as soon as such appointment has been made.

Johannesburg

8 July 2020

Sponsor PSG Capital For further information please contact:

Efora Energy Limited

Damain Matroos +27 (0)10 591 2260

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.