SIBANYE STILLWATER LIMITED - Dealings in securities by Prescribed Officer

Dealings in securities by Prescribed Officer

Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
("Sibanye-Stillwater")
Website: www.sibanyestillwater.com

Dealings in securities by Prescribed Officer

Johannesburg, 19 December 2023: Sibanye-Stillwater, (Tickers JSE: SSW and
NYSE: SBSW) in compliance with paragraphs 3.63 to 3.74 of the JSE Limited
Listings Requirements, discloses the following:

Name                           RA Stewart
Position                       Chief Regional Officer: South Africa
                               Officer (Prescribed Officer)
Company                        Sibanye-Stillwater Limited
Nature of interest             Direct and Beneficial
Nature of transaction          Expiry of an off-market collar hedge over
                               250,000 SSW ordinary shares which expired
                               on 18 December 2023
Transaction Date               18 December 2023
Number of shares               250 000
Class of Security              Ordinary Shares
Strike price per share         R45.00
Value of put option            R11 250 000

Mr Stewart entered into a collar hedging arrangement with a financial
institution on 20 December 2021.
The total amount of shares originally hedged have been retained by Mr
Stewart.

In terms of paragraph 3.66 of the Listings Requirements, the necessary
clearance to deal in the above securities has been obtained.

About Sibanye-Stillwater

Sibanye-Stillwater is a multinational mining and metals processing group
with a diverse portfolio of operations, projects and investments across
five continents. The Group is also one of the foremost global recyclers of
PGM autocatalysts and has interests in leading mine tailings retreatment
operations.

Sibanye-Stillwater has established itself as one of the world's largest
primary producers of platinum, palladium, and rhodium and is a top tier
gold producer. It also produces and refines iridium and ruthenium, nickel,
chrome, copper and cobalt. The Group has recently begun to diversify its
asset portfolio into battery metals mining and processing and increase its
presence in the circular economy by growing its recycling and tailings
reprocessing exposure globally. For more information refer to
www.sibanyestillwater.com.

Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Executive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com
LinkedIn: https://www.linkedin.com/company/sibanye-stillwater
Facebook: https://www.facebook.com/SibanyeStillwater
YouTube: https://www.youtube.com/@sibanyestillwater/videos
X: https://twitter.com/SIBSTILL

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

Date: 19-12-2023 02:48:00
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