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 Issuer Code: EXXI
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 a prescribed officer of Exxaro received and accepted conditional awards granted in terms of the
Bonus Matching Plan (BMP), after having received clearance to do so in terms of paragraph 3.66 of the
JSE Limited Listings Requirements.

BMP performance period:                    The vesting of the BMP awards is conditional upon
                                           the achievement of Exxaro group performance
                                           targets over a period of 1 year (01/04/2025 to
                                           01/04/2026)
Class of share:                            BMP Ordinary Shares
Nature of interest:                        Indirect Beneficial
Option strike price:                       R0.00
Date of transaction:                       16 April 2025
Vesting date:                              1 April 2026
Vesting period:                            1 year

Name:                                      Mr L Groeneward
Position:                                  Prescribed officer: Exxaro Resources Limited

BMP award:                                 1988

BMP performance period:                    The vesting of the BMP awards is conditional upon
                                           the achievement of Exxaro group performance
                                           targets over a period of 2 year (01/04/2025 to
                                           01/04/2027)
Class of share:                            BMP Ordinary Shares
Nature of interest:                        Indirect Beneficial
Option strike price:                       R0.00
Date of transaction:                       16 April 2025
Vesting date:                              1 April 2027
Vesting period:                            2 years

Name:                                      Mr L Groeneward
Position:                                  Prescribed officer: Exxaro Resources Limited
BMP award:                                 1988

Given that this was a receipt of conditional awards, it occurred off-market.

Disclosure relating to the Bonus Matching Plan awards for 2025

Scheme:                    Bonus Matching Plan
Award date:                1 April 2025
Award amount:              7072 (including shares for L Groenewald)
Vesting period:            1 April 2026 (50%) and 1 April 2027 (50%)
Acceptance period:         Participants have 60 days to accept from the date of the award

M Nana
GROUP COMPANY SECRETARY

17 April 2025

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

Date: 17-04-2025 11:55:00
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