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 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:                          10 May 2022
 Strike date:                                  1 April 2022
 Vesting date:                                 1 April 2025
 Vesting period:                               3 years

 Name:                                         Mr MDM Mgojo
 Position                                      Chief Executive Officer: Exxaro Resources Limited
 Number of shares offered and accepted         88,981


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


A NDONI
GROUP COMPANY SECRETARY

10 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: 10-05-2022 02:38:00
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