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SIBANYE STILLWATER LIMITED - Sibanye-Stillwater implements regionalised executive and appoints a regional head for its Americas region

Release Date: 31/05/2022 09:04
Code(s): SSW     PDF:  
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Sibanye-Stillwater implements regionalised executive and appoints a regional head for its Americas region

Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
(“Sibanye-Stillwater” or “the Group” or “the Company”)
Website: www.sibanyestillwater.com

Sibanye-Stillwater implements regionalised executive and appoints a regional head for
its Americas region

Johannesburg, 31 May 2022. Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) is
pleased to announce leadership changes to further advance its strategic delivery as
a multinational mining and metals Group. The Group had increased its geographical and
commodity diversification since 2021 from which it will strengthen its regional
presence in key markets. The establishment of a regionalised leadership structure
enables further effective delivery on our corporate strategy.

Charles Carter (*refer to his summary profile) joins the Group as Chief Regional
Officer: Americas with effect from 1 June 2022. Charles will be responsible for the
Group’s US PGM operations and projects and exploration activities in Argentina in
addition to driving our growth strategy in the Americas region.

Charles’ appointment complements the previous appointment of Mika Seitovirta as Chief
Regional Officer: Europe in December 2021 to lead the establishment of our European
business.   Mika will transition into a full-time position on 1 July 2022 after
discharging his legacy commitments.

Richard Stewart, who has served as Chief Operating Officer from 1 December 2020,
assumes responsibility as Chief Regional Officer: Southern Africa with immediate
effect. Richard is supported by an experienced and diverse regional leadership team
with responsibility for all aspects of our Southern African business activities
including its strategic growth.

Other key changes to existing positions include:
•    Themba Nkosi’s role has broadened from Chief Social Performance Officer with a
     primary focus on South Africa to become Chief Sustainability Officer providing
     Group leadership on ESG and sustainability with immediate effect
•    Reflecting the importance of innovation to the Group’s success, Innovation has
     been adopted as a sixth value extending our CARES values to iCARES. Robert van
     Niekerk’s role is augmented from Chief Technical Officer to Chief Technical and
     Innovation Officer with immediate effect
•    Other C-Suite roles remain in line with prior announcements


Group CEO Neal Froneman commenting on the updated leadership configuration said: “I
am confident that these appointments and changes to our C-Suite will bolster our
ability to execute on our strategic intent and continue to ensure operating excellence
across the Group. The attraction of exceptional external talent such as Charles and
Mika position the corporation for meaningful involvement in the European and American
regional green metal supply chains and complements the internal development of senior
management.   The regionalised leadership is exceptionally well suited to create
superior value in our quest to reverse climate change through supply of strategic
metals and energy solutions.”

*More about Charles Carter:
Charles has extensive business experience through his senior leadership roles,
particularly in North America. He has held executive roles in gold exploration,
mining and refining in South Africa, Colombia and the United States during a 25 year
career at AngloGold Ashanti Ltd prior to joining Sibanye-Stillwater. He is a past
chairman of the Denver Gold Group and has been a director of the Rand Refinery.
Executive accountabilities at AngloGold Ashanti included Group Strategy, Corporate
Finance and Business Development, Investor Relations and Communications, Global HR,
and executive lead for the Colombia business. Charles began his career at Anglo
American and has also worked for RFC Corporate Finance. In addition to his graduate
studies he has also completed management development programmes at the Colorado School
of Mines, Kellogg School of Management at North-western University and at Harvard.
Charles’s significant experience in America will prove invaluable for the growth of
our American business.

For full biographies of executive members, please refer to
https://www.sibanyestillwater.com/about-us/leadership.

About Sibanye-Stillwater

Sibanye-Stillwater is a multinational mining and metals Group with a diverse portfolio of
mining and processing operations and projects and investments across five continents. The
Group is also one of the foremost global PGM autocatalytic recyclers and has interests in
leading mine tailings retreatment operations. For more information, visit our website at
www.sibanyestillwater.com

Investor relations contact:

Email: ir@sibanyestillwater.com
James Wellsted
Executive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

Ends.

FORWARD LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of the “safe harbour”
provisions of the United States Private Securities Litigation Reform Act of 1995. All
statements other than statements of historical fact included in this announcement may be
forward-looking statements. Forward-looking statements may be identified by the use of words
such as “will”, “would”, “expect”, “forecast”, “potential”, “may”, “could”, “believe”, “aim”,
“anticipate”, “target”, “estimate” and words of similar meaning.

These forward-looking statements, including among others, those relating to Sibanye-Stillwater
Limited’s (“Sibanye-Stillwater”) future business prospects, financial positions, production
and operational guidance, climate and ESG-related statements, targets and metrics, plans and
objectives of management for future operations and ability to complete or successfully
integrate ongoing and future acquisitions, are necessarily estimates reflecting the best
judgement of Sibanye-Stillwater’s senior management. Readers are cautioned not to place undue
reliance on such statements. Forward-looking statements involve a number of known and unknown
risks, uncertainties and other factors, many of which are difficult to predict and generally
beyond the control of Sibanye-Stillwater that could cause its actual results and outcomes to
be materially different from historical results or from any future results expressed or
implied by such forward-looking statements. As a consequence, these forward-looking statements
should be considered in light of various important factors, including those set forth in
Sibanye-Stillwater’s 2021 Integrated Annual Report and annual report on Form 20-F filed with
the United States Securities and Exchange Commission on 22 April 2022 (SEC File no. 333-
234096). These forward-looking statements speak only as of the date of this announcement.
Sibanye-Stillwater expressly disclaims any obligation or undertaking to update or revise any
forward-looking statement (except to the extent legally required).




                                                                                             

Date: 31-05-2022 09:04:00
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