THUNGELA RESOURCES LIMITED - Dealing in securities by an associate of a prescribed officer

Dealing in securities by an associate of a prescribed officer

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
('Company' or 'Thungela Resources')

DEALING IN SECURITIES BY AN ASSOCIATE OF A PRESCRIBED OFFICER

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following
information relating to dealing in securities by an associate of a prescribed officer of Thungela Resources is
disclosed:

Prescribed officer                                   :   Johan van Schalkwyk
Company                                              :   Thungela Resources
Name of associate                                    :   Melanie van Schalkwyk
Relationship to the prescribed officer                   Spouse
Date of transaction                                  :   3 June 2025
Class of securities                                  :   Thungela Resources ordinary shares
Nature of transaction                                :   On-market sale of ordinary shares
Number of securities                                 :   996
Sale price per share                                 :   R91.72
Total value of transaction                               R91,353.12
Nature of interest                                       Dealing by associate

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

UK Financial adviser and corporate broker
Panmure Liberum Capital Limited

Johannesburg
5 June 2025

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                               Melanie van Schalkwyk

2    Reason for the notification
a)   Position/status                    Spouse of PDMR – Prescribed Officer
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          Sale of shares
c)   Price(s) and volume(s)
                                        Price(s)                 Volume(s)
                                        R91.72                   279
d)   Aggregated information
     - Aggregated volume                279
     - Price                            R25,589.88
e)   Date of the transaction            3 June 2025
f)   Place of the transaction           On market

1    Details of the person discharging managerial responsibilities / person closely associated
a)   Name                               Melanie van Schalkwyk

2    Reason for the notification
a)   Position/status                    Spouse of PDMR – Prescribed Officer
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          Sale of shares
c)   Price(s) and volume(s)
                                        Price(s)                 Volume(s)
                                        R91.72                   717
     Aggregated information                                           
d)   - Aggregated volume                717
     - Price                            R65,763.24
e)   Date of the transaction            3 June 2025
f)   Place of the transaction           On market

Date: 05-06-2025 09:30:00
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