THUNGELA RESOURCES LIMITED - Dealings in securities by the Company's 2021 Share Plan

Dealings in securities by the Company's 2021 Share Plan 

Thungela Resources Limited
(Incorporated in the Republic of South Africa)
Registration number: 2021/303811/06
JSE share code: TGA
LSE share code: TGA
ISIN: ZAE000296554
Tax number: 9111917259
("Thungela" or the “Company”)

DEALINGS IN SECURITIES BY THE COMPANY'S 2021 SHARE PLAN

In compliance with paragraph 6.90 of the Listings Requirements of the JSE Limited (“the JSE Listings
Requirements”), shareholders are advised of the following transaction. The transaction relates to the on-
market acquisition of ordinary shares by the Company’s 2021 Share Plan for the purpose of settling
forfeitable share-based awards. The acquisition was undertaken in accordance with the rules of the
Company’s 2021 Share Plan.

 Nature of transaction:                          On-market acquisition of securities
 Class of securities:                            Ordinary shares
 Trading date:                                   24 August 2026
 Number of shares:                               1,275
 VWAP per share:                                 R122.32
 Highest price per share:                        R124.85
 Lowest price per share:                         R118.00
 Transaction value:                              R155,958
 Nature of interest:                             Direct beneficial

Clearance for these transactions has been obtained in accordance with paragraph 6.83 of the JSE Listings
Requirements.

Johannesburg
26 August 2026

UK Financial adviser and corporate broker
Panmure Liberum Limited

JSE Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 26/08/2026 13:00:00
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