Production report for the quarter ended 31 March 2022 MERAFE RESOURCES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/003452/06) Share Code: MRF ISIN: ZAE000060000 (“Merafe” or the “Company”) PRODUCTION REPORT FOR THE QUARTER ENDED 31 MARCH 2022 Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the quarter ended 31 March 2022 marginally decreased by approximately 3.1% compared to the prior comparative period. Quarter ended 31 March 2022 31 March 2021 Attributable ferrochrome production (kt) 100 103 Sandton 22 April 2022 Sponsor One Capital Date: 22-04-2022 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.