EXXARO RESOURCES LIMITED - EXX - Share Transactions

EXX - Share Transactions

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
(Exxaro)

SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that a director of a major subsidiary of Exxaro Resources Limited exercised pledged and
matching awards vested and released in terms of the Deferred Bonus Plan Scheme (DBP
Scheme) and sold Exxaro ordinary shares, after having received clearance to do so in terms
of paragraph 3.66 of the JSE Limited Listings Requirements.

 Class of shares:                               Ordinary
 Nature of transaction:                         Exercise of pledged and matching
                                                awards vested and released and an on-
                                                market sale in terms of the DBP Scheme
 Nature of interest:                            Direct Beneficial
 Date of transaction:                           18 March 2020
 DBP vesting date                               13 March 2020
 Vesting period:                                3 years
 VWAP on date of vesting                        R104.33
 Highest trading price of previous day          R92.48
 Lowest trading price of previous day           R79.13

 Name:                                          Dr N Tsengwa
 Position:                                      Director: Exxaro Coal (Pty) Ltd
 Pledged shares vested, released and            1,133
 transferred to personal portfolio
 Strike price per pledged shares                R127,57
 Matching shares vested and sold                795
 Sale price per share                           R83.89
 Value of shares sold                           R66,692.55
 Matching shares vested and transferred to      513
 personal portfolio

SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY

19 March 2020

Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 19-03-2020 02:49:00
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