NORTHAM PLATINUM HOLDINGS LIMITED - Increase of the revolving credit facility to R15.0 billion

Increase of the revolving credit facility to R15.0 billion

NORTHAM PLATINUM HOLDINGS LIMITED                                  NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa                       Incorporated in the Republic of South Africa
Registration number: 2020/905346/06                                Registration number: 1977/003282/06
JSE share code: NPH ISIN: ZAE000298253                             JSE debt issuer code: NHMI
("Northam Holdings" or, together with its subsidiaries,            Bond code: NHM021        Bond ISIN: ZAG000181496
                "Northam" or the "group")                          Bond code: NHM022        Bond ISIN: ZAG000190133
                                                                   Bond code: NHM026        Bond ISIN: ZAG000195942
                                                                   Bond code: NHM027        Bond ISIN: ZAG000216052
                                                                   Bond code: NHM028        Bond ISIN: ZAG000216045
                                                                   Bond code: NHM029        Bond ISIN: ZAG000216037
                                                                               ("Northam Platinum")

INCREASE OF THE REVOLVING CREDIT FACILITY TO R15.0 BILLION

Northam is pleased to announce that it has successfully concluded and implemented an agreement to increase its
existing revolving credit facility ("RCF") from R13.3 billion to R15.0 billion ("RCF Increase"). The RCF matures in
August 2027 and this date, as well as the remaining material terms and conditions pertaining to the RCF remain
unchanged.

Northam's total available banking facilities now amount to R16.0 billion, comprising the increased RCF of
R15.0 billion together with the existing general banking facility of R1.0 billion.

This provides the Northam group with important funding flexibility and liquidity.

We are approaching the conclusion of our current strategic journey and given the quality of our resource base and
operating assets, together with our view of an ongoing and increasing Platinum Group Metal ("PGM") supply deficit,
it is now time to set new goals.

Having assessed all available alternatives, we have concluded our optimal path lies in a combination of incremental
brownfield enhancements to our own operations, together with the expansion of our third-party business. Over the
coming five years this will enable growth in sales to 1.5 million 4E ounces and 2 million tonnes of chrome
concentrate, whilst bullet-proofing the company against future potential market shocks.

This new strategic goal includes growth at each of our operations and will require capital investment. Our increased
RCF will secure the liquidity required to enable execution of this strategy despite any potential future market
volatility.

Paul Dunne, Northam's Chief Executive Officer, said "Northam's belief in the inherent value of the metals which
we produce, together with our long-held view of shrinking global primary production, have been the drivers behind
our growth strategy. This strategy has required the investment of significant capital. The RCF Increase will provide
Northam with the liquidity and flexibility to increase our production base even further and to continue to sustainably
increase value for all stakeholders."


Johannesburg
11 August 2026


Corporate Advisor and Sponsor to Northam Holdings   
One Capital
                   
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital                                                          
                                                               

Date: 11-08-2026 05:25:00
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