EXXARO RESOURCES LIMITED - Exxaro Share Transactions

Exxaro 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
Bond Code: EXX05
ISIN No: ZAG000160334
(“Exxaro”)

SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited (“JSE”) Listings Requirements, notice is hereby
given that a director, prescribed officers and a director of major subsidiaries of Exxaro 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 Listings Requirements.

Class of shares:                                     DBP Ordinary Shares
Nature of transaction:                               Exercise of pledged and matching awards
                                                     vested and released and on-market sales in
                                                     terms of the DBP Scheme
Nature of interest:                                  Direct Beneficial
Date of transaction:                                 3 April 2023
DBP vesting date:                                    31 March 2023
Vesting period:                                      3 years
Date on which shares became tradable:                31 March 2023
VWAP on date of grant/ Strike price per pledged      R105.88
shares
Highest trading price of previous day                R109.83
Lowest trading price of previous day                 R103.55

Name:                                                Mr PA Koppeschaar
Position:                                            Director: Exxaro
Pledged shares vested, released and transferred      4 628
to personal portfolio

Matching shares vested and sold                      4 778
Sale price per share                                 R191.04
Value of shares sold                                 R912,789.12

Name:                                                Mr MR Walker
Position:                                            Director of major subsidiaries: Exxaro Coal (Pty) Ltd,
                                                     Exxaro Coal Mpumalanga (Pty) Ltd and Exxaro
                                                     International Trading AG
Pledged shares vested, released and transferred      1 299
to personal portfolio

Matching shares vested and sold                      676
Sale price per share                                 R191.33
Value of shares sold                                 R129,339.08
Matching shares vested and transferred to            666
personal portfolio
Value of matching shares                             R127,425.78

Name:                                                Mr JG Meyer
Position:                                            Prescribed officer: Exxaro
Pledged shares vested, released and transferred      4 786
to personal portfolio
Matching shares vested and sold                      4 942
Sale price per share                                 R191.17
Value of sharessold                                  R944,762.14

Name:                                                Mr L Groenewald
Position:                                            Prescribed officer: Exxaro
Pledged shares vested, released and transferred      3 540
to personal portfolio

Matching shares vested and sold                      3 655
Sale price per share                                 R190.69
Value of shares sold                                 R696,971.95

Name:                                                Ms H Bhola
Position:                                            Prescribed officer: Exxaro
Pledged shares vested, released and transferred      1 075
to personal portfolio
Matching shares vested and sold                      1 110
Sale price per share                                 R190.91
Value of shares sold                                 R211,910.10

A NDONI
GROUP COMPANY SECRETARY

4 April 2023


   Lead Equity and Debt Sponsor                             Joint Equity Sponsor

   Absa Corporate and Investment Bank, a division of        Tamela Holdings Proprietary Limited
   Absa Bank Limited

Date: 04-04-2023 04:05:00
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