Dealings in securities by the 2021 Thungela Share Plan to cover tax obligations in terms of the Company’s share plan Thungela Resources Limited (Incorporated in the Republic of South Africa) (Registration number: 2021/303811/06) ISIN: ZAE000296554 JSE share code: TGA LSE share code: TGA ("Thungela" or "the Company") DEALINGS IN SECURITIES BY THE 2021 THUNGELA SHARE PLAN TO COVER TAX OBLIGATIONS IN TERMS OF THE COMPANY'S SHARE PLAN RULES In compliance with the Listings Requirements of the JSE Limited ("the Listings Requirements"), we hereby provide the following information regarding the sale of shares to settle tax obligations arising from the vesting of 33% of the forfeitable share awards granted for 2022 and 2023 under the 2021 Thungela Share Plan. Date of transaction: 28 March 2024 Nature of transaction: On-market sale of securities Class of securities: Ordinary shares Number of securities: 77,727 Volume weighted average selling 122.04 price per security: Highest selling price per security: 124.89 Lowest selling price per security: 120.47 Transaction value: R9,485,803.08 Nature of interest: Direct beneficial Date of transaction: 2 April 2024 Nature of transaction: On-market sale of securities Class of securities: Ordinary shares Number of securities: 25,029 Volume weighted average selling 125.95 price per security: Highest selling price per security: 128.38 Lowest selling price per security: 121.05 Transaction value: 3,152,652.84 Nature of interest: Direct beneficial Clearance to deal in terms of the JSE Listings Requirements was obtained. Rosebank 4 April 2024 UK Financial adviser and corporate broker Liberum Capital Limited Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 04-04-2024 01:00:00 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.