Appointment of Board Chairperson and Board Committee Members Update BAUBA RESOURCES LIMITED Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 ("Bauba" or "the Company") APPOINTMENT OF BOARD CHAIRPERSON AND BOARD COMMITTEE MEMBERS UPDATE Further to the changes to the board of directors (“Board”) announcements released on SENS on 30 July 2021 and 8 August 2021, in accordance with the Listings Requirements of the JSE Limited, shareholders are notified of the following changes with effect from 10 August 2021: - Mr Sean Edwards, an independent non-executive director, has been appointed as Chairperson of the Board; and - the Board Committees will comprise the following members: o Audit and Risk Committee Frederick Geldenhuys (Chairperson), Sean Edwards, Thabile Makgala, Eugene Nel and Robert Shedlock o Remuneration and Nomination Committee Dr Mathews Phosa (Chairperson of the Remuneration Committee), Sean Edwards (Chairperson of the Nomination Committee), Thomas Baring, Frederick Geldenhuys and Thabile Makgala o Social and Ethics Committee Eugene Nel (Chairperson), Sean Edwards, Dr Mathews Phosa and Tinus Slabber o Technical Committee Thabile Makgala (Chairperson), Frederick Geldenhuys, Eugene Nel and Jurie Wessels Johannesburg 11 August 2021 Sponsor Merchantec Capital Date: 11-08-2021 04:51:00 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.