NUTRITIONAL HOLDINGS LIMITED – SHAREHOLDER UPDATE – GROUP LICENSE REQUIREMENTS STATUS – SENS

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SHAREHOLDER UPDATE – STATUS OF LICENSE REQUIREMENTS FOR THE GROUP

Shareholder Update – Status of Nutritional Holdings Limited Licensing Update Alvero

Nutritional Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2004/002282/06)
Share code: NUT ISIN: ZAE000298568
(“Nutritional Holdings” or “the Company” or “the Group”)

SHAREHOLDER UPDATE – STATUS OF LICENSE REQUIREMENTS FOR THE GROUP

Shareholders are referred to the previous SENS of the quarterly update regarding
the production hold of Ukusekela:

1. The board has started negotiations with Alvero in order to finalise the
regulatory aspects of the SAHPRA licensing requirements in order for the production
to continue at Ukusekela.

These negotiations and administration work are expected to be completed
before the end May 2022.

Further notifications of the progress of these negotiations will follow in due
course.

Neville Moodley CFO

By order of the Board
Durban
13 May 2022

Date: 13-05-2022 05:29:00
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