Warning to shareholders and investors regarding purported offer of Thungela securities THUNGELA RESOURCES LIMITED (Incorporated in the Republic of South Africa) Registration number: 2021/303811/06 JSE share code: TGA LSE share code: TGA ISIN: ZAE000296554 (‘Thungela’ or ‘the Group’ or ‘the Company’) WARNING TO SHAREHOLDERS AND INVESTORS REGARDING PURPORTED OFFER OF THUNGELA SECURITIES Shareholders and investors are advised that it has come to the attention of the Company that a third party, operating without authorisation and under the name and style of JSE Limited - Preference Shares Department, is attempting to solicit subscribers for a purported offer for subscription in respect of redeemable preference shares (“Purported Offer”). The Purported Offer amounts to share fraud and has been reported by the Company to the JSE Limited, the South African Financial Sector Conduct Authority and to the United Kingdom Financial Conduct Authority for investigation. Shareholders and investors are referred to the Group’s website, www.thungela.com, for general information on the Company and for shareholder / investor documentation and to https://www.thungela.com/investors for guidance around avoiding share fraud and other investment scams. Investor Relations Ryan Africa Email: ryan.africa@thungela.com Media Contacts Tarryn Genis Email: tarryn.genis@thungela.com UK Financial adviser and corporate broker Liberum Capital Limited Sponsor Rand Merchant Bank (a division of FirstRand Bank Limited) Rosebank Johannesburg 29 March 2022 Date: 29-03-2022 08:00:00 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.