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
(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 major subsidiaries 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 group performance
                                          targets of a period of 3 years (01/04/2020 to
                                          01/04/2023)
 Class of share:                          Ordinary
 Nature of interest:                      Direct Beneficial
 Offer price:                             R0.00
 Date of transaction:                     12 May 2020
 Vesting period:                          3 years

 Name:                                    MR Walker
 Position:                                Director: Exxaro Coal Proprietary Limited and
                                          Exxaro International Trading AG
 LTIP award                               19,916
 Deemed value based on VWAP of            R1,976,663
 R99.25 per share on 01 April 2020

SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY

13 May 2020

Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 13-05-2020 03:38:00
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