EXXARO RESOURCES LIMITED - EXX: Share Transactions

EXX: 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 Listings Requirements, notice is hereby given
that a director of a major subsidiary of Exxaro received and accepted conditional awards granted in
terms of the Long-Term Incentive Plan scheme (LTIP scheme), after having received clearance to do
so in terms of paragraph 3.66 of the JSE Limited Listings Requirements.

 LTIP performance period:                 The vesting of the LTIP awards is conditional upon
                                          the achievement of Exxaro group performance
                                          targets over a period of 3 years (01/12/2022 to
                                          01/12/2025)
 Class of share:                          LTIP Ordinary Shares
 Nature of interest:                      Direct Beneficial
 Option strike price:                     R0.00
 Date of transaction:                     12 December 2022
 Vesting date:                            1 December 2025
 Vesting period:                          3 years

 Name:                                    Mr MR Walker
 Position:                                Director: Exxaro Coal Proprietary Limited, Exxaro Coal
                                          Mpumalanga Proprietary Limited and Exxaro
                                          International Trading AG
 LTIP award                               4,712

Given that this was a receipt and exercise of conditional awards, no on- or off-market trades took place.


Andiswa Ndoni
GROUP COMPANY SECRETARY

12 December 2022

 Lead Equity and Debt Sponsor                          Joint Equity Sponsor
 Absa Corporate and Investment Bank, a                 Tamela Holdings Proprietary Limited
 division of Absa Bank Limited

Date: 12-12-2022 02:44:00
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