TRP dismisses submission by the independent board of RBPlat in relation to an alleged mandatory offer by Northam 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 Share code: NPH ISIN: ZAE000298253 Debt issuer code: NHMI (“Northam Holdings” or, together with its subsidiaries, Bond code: NHM007 Bond ISIN: ZAG000158593 “Northam”) Bond code: NHM009 Bond ISIN: ZAG000158866 Bond code: NHM011 Bond ISIN: ZAG000159237 Bond code: NHM012 Bond ISIN: ZAG000160136 Bond code: NHM015 Bond ISIN: ZAG000164922 Bond code: NHM016 Bond ISIN: ZAG000167750 Bond code: NHM018 Bond ISIN: ZAG000168097 Bond code: NHM019 Bond ISIN: ZAG000168105 Bond code: NHM020 Bond ISIN: ZAG000172594 Bond code: NHM021 Bond ISIN: ZAG000181496 (“Northam Platinum”) TAKEOVER REGULATION PANEL DISMISSES SUBMISSION BY THE INDEPENDENT BOARD OF ROYAL BAFOKENG PLATINUM LIMITED (“RBPLAT”) IN RELATION TO AN ALLEGED MANDATORY OFFER BY NORTHAM Shareholders are referred to the announcement published by Northam on SENS on 9 December 2021 in response to the announcement published by RBPlat on the same date regarding, inter alia, a submission made to the Takeover Regulation Panel (“TRP”) by the independent board of RBPlat, as constituted in terms of regulation 108 of the Companies Regulations, 2011, alleging that Northam had possibly triggered a mandatory offer in terms of section 123 of the Companies Act, No. 71 of 2008 (“Alleged Mandatory Offer”), (“RBP TRP Submission”). Following, inter alia, Northam’s submission to the TRP in response to the RBP TRP Submission, Northam is pleased to advise that the TRP has today, 30 March 2022, ruled in favour of Northam’s position that the Alleged Mandatory Offer has not been triggered and accordingly, the RBP TRP Submission has been dismissed. The board of directors of Northam Holdings (to the extent that the information relates to Northam Holdings) accepts responsibility for the information contained in this announcement and certifies that, to the best of its knowledge and belief, the information contained in this announcement relating to Northam Holdings is true and this announcement does not omit anything that is likely to affect the importance of such information. Johannesburg 30 March 2022 Corporate Advisor and Sponsor to Northam Holdings One Capital Attorneys to Northam Holdings and Northam Platinum Webber Wentzel Corporate Advisor and Debt Sponsor to Northam Platinum One Capital Date: 30-03-2022 02:48:00 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.