RANDGOLD & EXPLORATION COMPANY LIMITED - Changes To The Board Committees

Changes To The Board Committees

 RANDGOLD & EXPLORATION COMPANY LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration number: 1992/005642/06)
 Share code: RNG
 ISIN: ZAE000008819
 (“the Company”)

CHANGES TO THE BOARD COMMITTEES

In accordance with the JSE Listings Requirements, the board of directors of the Company (“Board”)
wishes to advise shareholders of the following changes to the committees of the Board
(“Committees”), with effect from 29 October 2026.

Remuneration committee (“RemCom”)

Mr Patrick Ernest Burton (“Mr Burton”) has been appointed as the chairperson of the RemCom,
replacing Mr Roderick John Fehrsen (“Mr Fehrsen”).

Mr Allan Groll (“Mr Groll”) has been appointed as a member of the RemCom.

The current membership of the RemCom is as follows:

   -   Mr Burton (chairperson)
   -   Mr Fehrsen
   -   Mr Joel Martin Kesler (“Mr Kesler”)
   -   Mr Tembani Samuel Dube (“Mr Dube”)
   -   Mr Groll

Nomination committee (“NomCom”)

Mr Marais Steyn (“Mr Steyn”) and Mr Hilton Gischen (“Mr Gischen”) have stepped down as
members of the NomCom. Both Mr Steyn and Mr Gischen remain directors of the Company and
continue to serve as members of the Board and the Social and Ethics Committee. The Board
thanks Mr Steyn and Mr Gischen for their contribution to the NomCom.

Mr Groll has been appointed as a member of the NomCom.

The current membership of the NomCom is as follows:

   -   Mr Fehrsen (chairperson)
   -   Mr Burton
   -   Mr Kesler
   -   Mr Dube
   -   Mr Groll

Social and Ethics committee (“SEC”)

Mr Groll has been appointed as the chairperson of the SEC, replacing Mr Fehrsen.

The current membership of the SEC is as follows:

   -   Mr Groll (chairperson)
   -   Mr Fehrsen
   -   Mr Burton
   -   Mr Kesler
   -   Mr Dube
   -   Mr Steyn
   -   Mr Gischen

Johannesburg
29 October 2026

Sponsor
PSG Capital
Date: 29/10/2026 01:00:00
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