Results of the annual general meeting Merafe Resources Limited (Incorporated in the Republic of South Africa) (Registration number: 1987/003452/06) JSE share code: MRF ISIN: ZAE000060000 (“Merafe” or the “Company” or the “Group”) RESULTS OF THE ANNUAL GENERAL MEETING Merafe is pleased to advise its shareholders (“Shareholders”) that all the ordinary and special resolutions proposed in the notice of the annual general meeting (“AGM”) dated 22 March 2022 and tabled at the Company’s AGM held at 11:00 on Wednesday, 18 May 2022 were passed by the requisite majority of votes cast by Shareholders. The voting results with respect to the resolutions were as follows: Resolutions Number of Percentage Percentage Percentage Abstentions shares voted of shares of shares of shares voted voted voted “For” “Against” Ordinary resolution 1: 1 878 150 157 75.15% 99.99% 0.01% 0.09% Adoption of the Group audited annual financial statements for the year ended 31 December 2021 Ordinary resolution 2.1: 1 878 150 157 75.15% 95.15% 4.85% 0.09% Re-election of Mr Abiel Mngomezulu as a director of the Company Ordinary resolution 2.2: 1 878 150 157 75.15% 97.97% 2.03% 0.09% Re-election of Mr Jeffrey Mclaughlan as a director of the Company Ordinary resolution 2.3: 1 878 150 157 75.15% 97.95% 2.05% 0.09% Re-election of Mr Katlego Tlale as a director of the Company Ordinary resolution 3.1: 1 878 290 157 75.16% 99.92% 0.08% 0.08% Appointment of Ms Nonhlanhla Mabusela- Aikhuere as a director of the Company Ordinary resolution 3.2: 1 878 289 107 75.16% 99.93% 0.07% 0.08% Appointment of Mr David McGluwa as a director of the Company Ordinary resolution 3.3: 1 878 150 157 75.15% 99.93% 0.07% 0.09% Appointment of Mr Daniel Green as a director of the Company Ordinary resolution 4.1: 1 878 150 157 75.15% 97.97% 2.03% 0.09% Re-appointment of Mr Katlego Tlale as a member of the Audit and Risk Committee Ordinary resolution 4.2: 1 878 150 157 75.15% 91.20% 8.80% 0.09% Re-appointment of Ms Matsotso Vuso as a member of the Audit and Risk Committee Ordinary resolution 4.3: 1 878 150 157 75.15% 97.96% 2.04% 0.09% Appointment of Ms Nonhlanhla Mabusela- Aikhuere as a member of the Audit and Risk Committee Ordinary resolution 5: 1 878 210 741 75.15% 99.55% 0.45% 0.09% Re-appointment of Deloitte and Touche Inc. as the external registered auditors of the Company and Ms Carmeni Naidoo Bester as the designated audit partner Ordinary resolution 6: 1 878 210 741 75.15% 99.99% 0.01% 0.09% Authority to sign all documents required to give effect to all the resolutions contained in the notice of AGM Ordinary resolution 7.1: 1 877 360 157 75.12% 96.20% 3.80% 0.12% Non-binding advisory vote on the Company’s remuneration policy Ordinary resolution 7.2: 1 877 360 157 75.12% 96.45% 3.55% 0.12% Non-binding advisory vote on the Company’s remuneration implementation report Special resolution 1.1: 1 876 984 157 75.11% 99.73% 0.27% 0.14% Approval of non-executive directors’ fees – Board chairperson Special resolution 1.2: 1 876 984 157 75.11% 99.73% 0.27% 0.14% Approval of non-executive directors’ fees – Board member Special resolution 1.3: 1 876 984 157 75.11% 97.71% 2.29% 0.14% Approval of non-executive directors’ fees – Audit and Risk Committee chairperson Special resolution 1.4: 1 876 984 157 75.11% 97.72% 2.28% 0.14% Approval of non-executive directors’ fees – Audit and Risk Committee member Special resolution 1.5: 1 876 984 157 75.11% 99.73% 0.27% 0.14% Approval of non-executive directors’ fees – Remuneration and Nomination Committee chairperson Special resolution 1.6: 1 876 984 157 75.11% 99.73% 0.27% 0.14% Approval of non-executive directors’ fees – Remuneration and Nomination Committee member Special resolution 1.7: 1 877 124 157 75.11% 99.73% 0.27% 0.13% Approval of non-executive directors’ fees – Social, Ethics and Transformation Committee chairperson Special resolution 1.8: 1 877 144 157 75.11% 99.73% 0.27% 0.13% Approval of non-executive directors’ fees – Social, Ethics and Transformation Committee member Special resolution 2: 1 877 312 457 75.12% 97.48% 2.52% 0.12% Loans or other financial assistance to related or inter-related companies Special resolution 3: 1 878 210 741 75.15% 99.26% 0.74% 0.09% General authority to repurchase Company shares Notes: - Percentages of shares voted are calculated in relation to the total issued share capital of Merafe. - Percentages of shares voted “For” and “Against” for each resolution are calculated in relation to the total number of shares voted in respect of such resolution. - Abstentions are calculated as a percentage in relation to the total issued share capital of Merafe. Sandton 18 May 2022 Sponsor One Capital 4 Date: 18-05-2022 01:49:00 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.