EXXARO RESOURCES LIMITED - Share transactions

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 6.77 to 6.80 of the JSE Limited (JSE) Listings Requirements, notice is hereby
given that the following prescribed officers of Exxaro received and accepted conditional awards in terms
of the Long-Term Incentive Plan (LTIP), after having received clearance to do so in terms of paragraph
6.83 of the JSE 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 (01/01/2026 to 31/12/2028). 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:                           Exxaro Ordinary Shares
Nature of transaction:                    Off market award in terms of the LTIP Scheme
LTIP Nature of interest:                  Indirect Beneficial
Option strike price:                      R0.00
Award date:                               01 April 2026
Vesting date:                             01 April 2029
Vesting period:                           3 years from award date
Acceptance date:                          30 April 2026


Name:                                     Mr RE Lilleike
Position:                                 Prescribed Officer: Exxaro Resources Limited
LTIP award:                               34 901

Name:                                     Mr FM Ntlhoro
Position:                                 Prescribed Officer: Exxaro Resources Limited
LTIP award:                               19 794



MH Nana
GROUP COMPANY SECRETARY

04 May 2026

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

Date: 04-05-2026 02:43:00
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