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
(Exxaro)

SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given
that the following executive director and group company secretary of Exxaro received and accepted
conditional awards granted in terms of the Long Term Incentive Plan (LTIP), 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 Exxaro Group performance targets over a
                                          period of 3 years (01/01/2025 to 31/12/2027). The
                                          performance conditions include performance targets for
                                          growth in Return on Capital Employed (ROCE), Total
                                          Shareholder Return (TSR) and achievement in
                                          Environmental, Social and Governance (ESG).
Class of share:                           LTIP Ordinary Shares
Nature of transaction:                    Off-market award in terms of the LTIP Scheme
Nature of interest:                       Indirect Beneficial
Option strike price:                      R0.00
Award date:                               13 May 2025
Vesting date:                             13 May 2028
Acceptance date:                          30 May 2025
Vesting period:                           3 years from award date

Name:                                     Mr PA Koppeschaar
Position:                                 Executive director & FD: Exxaro Resources Limited
Number of LTIP shares awarded:            75 319

Name:                                     Mrs MH Nana
Position:                                 Group Company Secretary: Exxaro Resources Limited
Number of LTIP shares awarded:            18 547


M Nana
GROUP COMPANY SECRETARY

02 June 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: 02-06-2025 01:37:00
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