Dealings in securities by a prescribed officer of the company IMPALA PLATINUM HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1957/001979/06) JSE Share code: IMP ISIN: ZAE000083648 ADR code: IMPUY (“Implats”) DEALINGS IN SECURITIES BY A PRESCRIBED OFFICER OF THE COMPANY In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given of the following dealings by a prescribed officer of Implats, after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements. The transaction below is pursuant to vested Share Appreciation Rights (SAR) in the Company’s LTIP Scheme. Name: Jonathon Charles Andrews Company: Impala Platinum Holdings Limited Class of shares: Ordinary shares of no par value Nature of transaction: Vesting of share appreciation rights settled by the delivery of Implats ordinary shares in terms of the LTIP 2012 Share Appreciation Rights Scheme Nature of interest: Direct Beneficial Date of transaction: 22 September 2020 Number of share appreciation rights vested: 3 937 Number of shares received: 1 927 Award price: R80.97 per share appreciation right Price achieved: R158.66 per share Transaction value: R305 737.82 Queries: Johan Theron E-mail: johan.theron@implats.co.za T: +27 (0) 11 731 9013/43 M: +27 (0) 82 809 0166 Alice Lourens E-mail: alice.lourens@implats.co.za T: +27 (0) 11 731 9033/43 M: +27 (0) 82 498 3608 Emma Townshend E-mail : emma.townshend@implats.co.za T : +27 (0) 21 794 8345 M : +27 (0) 82 415 3770 25 September 2020 Johannesburg Sponsor to Implats Nedbank Corporate and Investment Banking Date: 25-09-2020 12:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.