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 Chief Executive Officer designate, Prescribed Officers and Directors of major subsidiaries 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 (01/04/2022 to
                                               01/04/2025)
 Class of securities:                          LTIP Ordinary Shares
 Nature of interest:                           Indirect Beneficial
 Option strike price:                          R0.00
 Date of transaction:                          5 May 2022
 Strike date:                                  1 April 2022
 Vesting date:                                 1 April 2025
 Vesting period:                               3 years

 Name:                                         Mrs E Cockrell
 Position                                      Director of major subsidiary: Exxaro International
                                               Trading AG
 Number of shares offered and accepted         5,231

 Name:                                         Mr PK Masia
 Position                                      Prescribed Officer: Exxaro Resources Limited
 Number of shares offered and accepted         34,170

 Name:                                         Mr MI Mthenjane
 Position                                      Prescribed Officer: Exxaro Resources Limited
 Number of shares offered and accepted         19,895

 Name:                                         Mr ML Ramashilabele
 Position                                      Director: Exxaro Coal Mpumalanga Proprietary
                                               Limited
 Number of shares offered and accepted         15,661

 Name:                                         Dr N Tsengwa
 Position                                      Chief Executive Officer designate: Exxaro Resources
                                               Limited
 Number of shares offered and accepted         92,317


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


A NDONI
GROUP COMPANY SECRETARY

6 May 2022



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

Date: 06-05-2022 11:27:00
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