Renergen : Successful Introduction Of Gas To Plant

RENERGEN LIMITED

Incorporated in the Republic of South Africa (Registration number: 2014/195093/06) JSE Share code: REN

A2X Share code: REN

ISIN: ZAE000202610

LEI: 378900B1512179F35A69

Australian Business Number (ABN): 93 998 352 675

ASX Share code: RLT

("Renergen" or "the Company")

SUCCESSFUL INTRODUCTION OF GAS TO PLANT

Renergen is proud to announce completion of a highly anticipated milestone, with natural gas to plant successfully achieved on 8 July 2022.

Gas to plant was achieved and signified by opening of the main inlet line from the gas gathering system, to the process plant and then to the natural gas filtration and pre- compression system.

The key objectives of introducing gas to plant was to ensure that:

• Plant safety systems could be verified under controlled conditions, before moving into various areas of the process plant; and
• Full commissioning and operational testing of the emergency and operational flare systems were completed, which is the first integrated run between the pipeline system and process plant. The flare system tests included pilot and igniter operation and functional tests using product from the process plant. Tests also included the wet gas knock-out testing and water collection and recirculation systems.

Final commissioning workstreams will be completed over the coming weeks, with commercial operation commencing once customer sites are ready to begin accepting product and Renergen expects this to occur towards the end of July 2022.

"Successful introduction of gas to plant at our world-class Virginia Gas Project is an incredible achievement and testament to the hard-work and commitment of the entire team. This major milestone has been a long time coming and I am incredibly proud of the efficient progression and success of the Company since acquiring this unknown greenfield asset only a few years ago.

"We have worked towards positioning the Virginia Gas Project as a globally significant LNG and helium producer and we are very close to delivering on this goal. Now we know that the plant is safe and critical start-up risks have been addressed, the remaining steps are purely mechanical, which is obviously a major source of relief to everyone.

"Speaking on behalf of myself and the board, we honestly could not be prouder of Nick and his team on navigating and developing the Project to this point," said Stefano Marani, CEO.

Johannesburg

11 July 2022

Authorised by: Stefano Marani

Chief Executive Officer

Designated Advisor

PSG Capital

For Australian Investors & Media, contact Citadel-MAGNUS Cameron Gilenko, 0466 984 953

www.renergen.co.za