Dealing in securities by a prescribed officer Thungela Resources Limited Incorporated in the Republic of South Africa Registration number: 2021/303811/06 ISIN: ZAE000296554 JSE share code: TGA LSE share code: TGA ("Thungela Resources" or "Company") DEALING IN SECURITIES BY A PRESCRIBED OFFICER In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information relating to the dealing in securities by a prescribed officer of Thungela Resources is disclosed: Prescribed Officer : Nompumelelo Sithole Company : Thungela Resources Date of transaction : 18 May 2023 Class of securities : Thungela Resources ordinary shares Nature of transaction : On-market sale of ordinary shares Number of securities : 700 Volume weighted average sale price per share : R151.59 Highest sale price per share : R151.60 Lowest sale price per share : R151.56 Total value of transaction : R106 115.92 Nature of interest : Direct, beneficial Clearance obtained : Yes UK Financial adviser and corporate broker Liberum Capital Limited Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Rosebank 18 May 2023 Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them. Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 1 Details of the person discharging managerial responsibilities/person closely associated a. Name Nompumelelo Sithole 2 Reason for notification a. Position/Status PDMR b. Initial notification/Amendment Initial 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a. Name Thungela Resources Limited b. LEI 213800EGYK3BN3SRIF27 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a. Description of the Ordinary shares of no par value financial instrument, type of instrument ISIN: ZAE000296554 Identification Code SEDOL: BMV3M27 b. Nature of the Sale of Shares transaction c. Price(s) and Volume 598 Price R151.60 volume(s) Volume 102 Price R151.56 d. Aggregated Price: ZAR151.59 information - Aggregated Volume Volume: 700 - Price ZAR106 115.92 e. Date of the 18 May 2023 transaction f. Place of the XJSE transaction Date: 18-05-2023 05:00:00 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.