EXXARO RESOURCES LIMITED - EXX: Share Transactions

EXX: Share Transactions

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
Bond Code: EXX04
ISIN No: ZAG000160326
Bond Code: EXX05
ISIN No: ZAG000160334
(Exxaro)


SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given
that the Group Company Secretary of Exxaro received and accepted conditional awards granted in
terms of the Long-Term Incentive Plan scheme (LTIP scheme), after having received clearance to do
so in terms of paragraph 3.66 of the JSE Limited Listings Requirements.

 LTIP performance period:                 The vesting of the LTIP awards is conditional upon
                                          the achievement of group performance targets of a
                                          period of 3 years (01/11/2021 to 01/11/2024)
 Class of share:                          Ordinary
 Nature of interest:                      Direct Beneficial
 Offer price:                             R0.00
 Date of transaction:                     6 December 2021
 Vesting date:                            1 November 2024
 Vesting period:                          3 years

 Name:                                    Ms AT Ndoni
 Position:                                Group Company Secretary: Exxaro Resources Limited
 LTIP award                               12,165
 Deemed value based on VWAP of            R2,033,258.10
 R167.14 per share on 01 November
 2021

Given that this was a receipt and exercise of conditional awards, no on or off-market trades took place.


AT NDONI
GROUP COMPANY SECRETARY

7 December 2021

 Lead Equity and Debt Sponsor                          Joint Equity Sponsor
 Absa Corporate and Investment Bank, a                 Tamela Holdings Proprietary Limited
 division of Absa Bank Limited

Date: 07-12-2021 01:25:00
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