THARISA PLC - Tharisa plc Transaction in Own Shares

Tharisa plc Transaction in Own Shares

Tharisa plc
(Incorporated in the Republic of Cyprus with limited liability)
(Registration number HE223412)
JSE share code: THA
LSE share code: THS
A2X share code: THA
ISIN: CY0103562118
LEI: 213800WW4YWMVVZIJM90
('Tharisa' or the 'Company')


THARISA PLC TRANSACTION IN OWN SHARES

Tharisa, the mining, metals, and innovation company dual-listed on the Johannesburg and London
stock exchanges, announces that, in accordance with the terms of its share repurchase programme
announced on 29 May 2025 (the 'Repurchase Programme'), it purchased the following number of
ordinary shares of USD0.001 each in the Company ('Ordinary Shares') through Peel Hunt LLP ('Peel
Hunt'). The Ordinary Shares purchased will be held in treasury for a period not exceeding two calendar
years from the repurchase date and, unless reissued, will be cancelled.

Purchases during the period 27 June 2025 to 4 July 2025

 Johannesburg Stock Exchange ('JSE') purchases
 Date of purchase                                                      27 June 2025 to 4 July 2025
 Aggregate number of Ordinary Shares purchased on JSE                                       75 505
 Lowest price paid per share:                                                           ZAR20.2500
 Highest price paid per share:                                                          ZAR21.0000
 Volume weighted average price paid per share:                                          ZAR20.7391

 The aggregate number of shares purchased on the JSE in terms of the Repurchase Programme since
 29 May 2025 is 75 505 shares at an average price of ZAR20.7391 per share and a total cost (including
 dealing and associated costs) of ZAR1 565 904.09.

 London Stock Exchange ('LSE') purchases
 Date of purchase                                                      30 June 2025 to 4 July 2025
 Aggregate number of Ordinary Shares purchased on LSE                                      315 453
 Lowest price paid per share:                                                          84.20 pence
 Highest price paid per share:                                                         87.25 pence
 Volume weighted average price paid per share:                                         86.00 pence

 The aggregate number of shares purchased on the LSE in terms of the Repurchase Programme since
 29 May 2025 is 315 453 shares at an average price of 86.00 pence per share and a total cost
 (including dealing and associated costs) of GBP271 273.85.


Following the purchases during this period, the Company has 302 596 743 Ordinary Shares in issue, of
which 5 741 847 Ordinary Shares are held in treasury.

The total number of voting rights in Tharisa is therefore 296 854 896. This figure may be used by
shareholders as the denominator for the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure
Guidance and Transparency Rules.

The information contained in this update is the responsibility of the board of directors and has not
been reviewed or reported on by the Group's external auditors.

During any of Tharisa's closed periods, Peel Hunt will make trading decisions in relation to the
Company's securities independently of the Company. Any share purchases during these periods will
be undertaken within certain pre-set parameters and in accordance with the Company's general
authority to repurchase shares.

Paphos, Cyprus
7 July 2025


JSE Sponsor
Investec Bank Limited

Connect with us on LinkedIn to get further news and updates about our business.

Investor Relations Contacts:
Ilja Graulich (Head of Investor Relations and Communications)
+27 11 996 3500
+27 83 604 0820
igraulich@tharisa.com


Broker Contacts:
Peel Hunt LLP (UK Joint Broker)
Ross Allister / Georgia Langoulant
+44 207 418 8900
BMO Capital Markets Limited (UK Joint Broker)
Thomas Rider / Nick Macann
+44 207 236 1010
Berenberg (UK Joint Broker)
Matthew Armitt / Jennifer Lee / Detlir Elezi
+44 203 207 7800


About Tharisa
Tharisa is an integrated resource group critical to the energy transition and decarbonisation of
economies. It incorporates exploration, mining, processing and the beneficiation, marketing, sales,
and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. Its
principal operating asset is the multi-generational Tharisa Mine, located in the south-western limb of
the Bushveld Complex, South Africa. Tharisa is also developing the Karo Platinum Project, a tier-one
PGM asset located on the Great Dyke in Zimbabwe, while simultaneously focusing on beneficiation in
the form of chrome and PGM alloys. A 15-year Power Purchase Agreement for the procurement of
wheeled renewable energy and a 40 MW solar project will ensure that Tharisa Minerals' drive to
reduce its carbon footprint by 30% by 2030 is well within reach, forming a major part of a roadmap to
become net carbon neutral by 2050. Redox One is accelerating the development of a proprietary iron
chromium redox flow long-duration battery utilising the commodities we mine. Tharisa plc is listed on
the Johannesburg Stock Exchange (JSE: THA) and has an Equity Shares (Transition) Category listing on
the London Stock Exchange (LSE: THS).

Date: 07-07-2025 03:00:00
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