Disclosure of Beneficial Interests in Securities

ASTRAL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/003194/06)
ISIN Code: ZAE000029757
Share Code: ARL
A2X code: ARL
("Astral Foods" or the "Company")

DISCLOSURE OF BENEFICIAL INTERESTS IN SECURITIES

In compliance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (as amended) (the "Companies
Act") and paragraph 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised
that Astral Foods has received formal notification from the Public Investment Corporation SOC Limited ("PIC")
that the PIC has, in the aggregate, disposed of an interest in the ordinary shares of the Company, such that
the total beneficial interest in the ordinary shares of the Company held by the PIC now amounts to 23.944%
of the total number of ordinary shares in issue.

The board of directors of Astral Foods ("Board") accepts responsibility for the information contained in this
announcement and confirms that, to the best of their knowledge and belief, such information is true and this
announcement does not omit anything likely to affect the importance of such information. The Board has relied
on the accuracy of the information contained in the notification received from the PIC in making this statement.

Astral Foods, as required by section 122(3)(a) of the Companies Act, has filed the required notices with the
Takeover Regulation Panel.

Pretoria
23 July 2025

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 23-07-2025 12:52:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.