Dealing in securities by a director 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 ('Company' or 'Thungela Resources') DEALING IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information relating to the dealing in securities by a director of Thungela Resources is disclosed: Director : Sango Siviwe Ntsaluba Company : Thungela Resources Date of transaction : 14 June 2022 Class of securities : Thungela Resources ordinary shares Nature of transaction : On-market acquisition of ordinary shares Number of securities : 500 Purchase price per share : 21090 cents Total value of transaction : R105,450.00 Nature of interest : Direct, beneficial Clearance obtained : Yes 14 June 2022 Rosebank UK Financial adviser and corporate broker Liberum Capital Limited Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) In compliance with article 19(3) of the Market Abuse Regulation (MAR), we hereby provide the following information regarding the dealing in securities: 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Sango Siviwe Ntsaluba 2 Reason for the notification a) Position/status PDMR – Non Executive Director b) Initial notification /Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Thungela Resources Limited b) LEI 213800EGYK3BN3SRIF27 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial Ordinary shares of no par value instrument, type of instrument Identification code ISIN: ZAE000296554 b) Nature of the transaction On-market acquisition of ordinary shares c) Price(s) and volume(s) Price(s) Volume(s) R210.90 500 d) Aggregated information - Aggregated volume 500 - Price R105,450.00 e) Date of the transaction 14 June 2022 f) Place of the transaction On market Date: 14-06-2022 04:00:00 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.