THUNGELA RESOURCES LIMITED - Confirmation of treasury shares held

Confirmation of treasury shares held

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
('Thungela' or the 'Company' and, together with its affiliates, the 'Group')

CONFIRMATION OF TREASURY SHARES HELD

The following notification is made in accordance with the UK Financial Conduct Authority's
Disclosure Guidance and Transparency Rule 5.6.

At 31 March 2024, the Group holds a total of 3,961,154 shares in treasury. This includes
3,349,334 shares held directly by subsidiaries and 611,820 shares held in separate broker
accounts for employees. The shares held in employee broker accounts relate to share
awards in terms of the Thungela share plan which have not yet vested. These shares are
considered treasury shares for Thungela until the awards have vested, in line with the
rules of the Thungela share plan.

The 3,349,334 treasury shares held directly by subsidiaries do not carry voting rights.

The total number of ordinary shares in issue which carry voting rights amounts to
137,143,251.

This information may be used by shareholders (and others with notification obligations)
as the denominator for the calculations by which they will determine whether they are
required to notify their interest in, or a change to their interest in the Company.

5 April 2024
Rosebank


UK Financial adviser and corporate broker
Liberum Capital Limited
Tel: +44 20 3100 2000

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Tel: +27 11 282 8000

Date: 05-04-2024 11:00:00
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