EXXARO RESOURCES LIMITED - Voluntary Announcement.

Voluntary Announcement.

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 Issuer Code: EXXI
ISIN No: ZAG000160334
(Exxaro or the Company)

VOLUNTARY ANNOUNCEMENT: MUTUAL SEPARATION AGREEMENT BETWEEN EXXARO AND MR
KGABI MASIA

Shareholders are hereby notified that on 24 April 2025, Exxaro reached a mutual separation agreement with Mr
Kgabi Masia, the former Chief Coal Operations Officer.

This development will not affect the Company's operations, as Mr Mervin Govender will continue in his role as
Acting Chief Coal Operations Officer. The board and the new CEO of Exxaro remain committed to succession
planning and the timely appointment of permanent candidates to all critical roles.

Mr Kgabi Masia was employed by Exxaro since 1 March 2022.


M Nana
GROUP COMPANY SECRETARY

5 May 2025

Lead Equity and Debt Sponsor                            Joint Equity Sponsor

Absa Corporate and Investment Bank, a division of       Tamela Holdings Proprietary Limited
Absa Bank Limited

Date: 05-05-2025 12:00:00
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.