AFRICAN RAINBOW MINERALS LIMITED - Change to the role of the Chairman of ARM and Appointment of Chief Operating Officer

Change to the role of the Chairman of ARM and Appointment of Chief Operating Officer

African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
("ARM" or "the Company")

CHANGE TO THE ROLE OF THE CHAIRMAN OF ARM AND APPOINTMENT OF CHIEF
OPERATING OFFICER

In terms of paragraph 6.71 of the Listings Requirements of the JSE
Limited ("Listings Requirements"), notification is hereby given of the
following changes to the ARM Board of Directors ("Board"):

Pursuant to the Simplification Project the JSE made amendments to the
Listings Requirements that became operational today 16 February 2026.
Accordingly, in terms of paragraph 5.7(d) of the Listings Requirements,
the chair of ARM must not be an executive director.

In order to ensure   compliance, Dr Patrice Motsepe ("Dr Motsepe"), as the
Founder of ARM and   after having performed the role of Executive Chairman
of the Company for   many years, has retired from his position as Executive
Chairman and as an   employee of the Company with effect from and including
16 February 2026.

Dr Motsepe will continue to be a director of the Company, and will serve
as the non-executive Chairman of the Board with effect from and including
16 February 2026 in compliance with the Listings Requirements. Mr David
Noko will continue in his role as the Company's Lead Independent Non-
executive Director.

Also with effect from 16 February 2026, Mr Jacob van der Bijl ("Jacques")
was appointed as the new Chief Operating Officer of the Company.

The Chairman of ARM, Dr Motsepe, said: "I look forward to continue
contributing to the global competitiveness of ARM in my new capacity as
non-executive Chairman. I have undertaken my new role as non-executive
Chairman to ensure compliance with the Listings Requirements. I would
also like to welcome Jacques to his new role as Chief Operating Officer
of ARM. Jacques is a world class mining engineer and has been working
for ARM for many years. ARM remains committed and focused on creating
value for its shareholders and benefitting its stakeholders".

For more information please contact:

Ms Thabang Thlaku
Executive: Investor Relations and New Business Development
Tel: +27 11 779 1300
Email: thabang.thlaku@arm.co.za

Sandton
Monday, 16 February 2026

Sponsor: Investec Bank Limited





Date: 16-02-2026 03:50:00
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