R2.0 billion increase to the revolving credit facility (“RCF”)
NORTHAM PLATINUM HOLDINGS LIMITED NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa Incorporated in the Republic of South Africa
Registration number: 2020/905346/06 Registration number: 1977/003282/06
JSE equity share code: NPH JSE debt issuer code: NHMI
ISIN: ZAE000298253 Bond code: NHM021 Bond ISIN: ZAG000181496
("Northam Holdings" or, together with its subsidiaries, Bond code: NHM022 Bond ISIN: ZAG000190133
"Northam" or the "group") Bond code: NHM025 Bond ISIN: ZAG000195934
Bond code: NHM026 Bond ISIN: ZAG000195942
Bond code: NHM027 Bond ISIN: ZAG000216052
Bond code: NHM028 Bond ISIN: ZAG000216045
Bond code: NHM029 Bond ISIN: ZAG000216037
("Northam Platinum")
R2.0 BILLION INCREASE TO THE REVOLVING CREDIT FACILITY ("RCF")
Northam is pleased to announce that it has successfully concluded and implemented an agreement to increase its existing
RCF, from R11.3 billion to R13.3 billion ("RCF Increase"). The RCF matures in August 2027 and this date as well as the
remaining material terms and conditions pertaining to the RCF remain unchanged.
Northam's total available banking facilities now amount to R14.3 billion, comprising the increased RCF of R13.3 billion and
existing general banking facilities of R1.0 billion.
Northam is a large and growing energy user, and in order to improve both security and diversity of energy supply, whilst
simultaneously reducing long-term energy costs and our impact on the environment, we have been actively and aggressively
pursuing an alternative and renewable energy programme.
To date the company has entered into various power purchase agreements with independent power producers in respect
of new renewable energy projects, the construction of which are well advanced and, already in some instances, producing
renewable energy. In addition, we are developing various own-build and owned renewable energy projects at our mine sites,
comprising photovoltaic solar plants supplemented with utility scale battery storage.
The RCF Increase allows Northam to accelerate construction of these various own-build projects.
Northam's alternative energy program is scheduled to provide more than 70% of our total energy requirement from
renewable sources before the end of the current decade, with a concomitant significant reduction in Northam's carbon
emissions and increase in energy availability factor on a competitive cost basis.
Alet Coetzee, Northam's Chief Financial Officer, said "The RCF Increase provides Northam with the necessary flexibility
and additional capacity to accelerate our efforts to enhance the security of our energy supply through the use of renewable
sources, and to also significantly decrease our contribution towards Greenhouse Gas emissions, without affecting our other
capital programmes or our ability to return value to shareholders whilst doing so."
Johannesburg
20 February 2026
Corporate Advisor and Sponsor to Northam Holdings
One Capital
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital
Date: 20-02-2026 07:05:00
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