EXXARO RESOURCES LIMITED - EXX - Group Management Structure Changes

EXX - Group Management Structure Changes

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 issuer code: EXXI
("Exxaro" or the "Company")

EXXARO GROUP MANAGEMENT STRUCTURE CHANGES

Exxaro Resources Limited is pleased to announce changes to its Group Management Structure, in order to
reposition an organisation that is fit for the future and a structure that incorporates its growing diversified
portfolio, to stabilise the business, enhance agility and collaboration, and enable more responsive decision
making as it accelerates the execution of Exxaro's Sustainable Growth and Impact Strategy.

These changes ensure that Exxaro's leadership team is aligned to exploit opportunities across coal, energy,
and transitional metals, while driving capital discipline and operational efficiency.

The Group Executive Committee reporting directly to the CEO is as follows:

•    Mr Riaan Koppeschaar - finance director
•    Ms Michelle Nana - group company secretary
•    Mr Joseph Rock - executive head people and performance
•    Ms Caroline Shirindza - executive head coal (effective 1 November 2025)
•    Mr Johan Meyer - executive head metals
•    Mr Leon Groenewald - executive head energy
•    Mr Mervin Govender - executive head technical services.
•    Mr Richard Lilleike - executive head strategy and business development
•    Mr Mongezi Veti - executive head sustainability (Retiring 31 July 2026)
•    Ms Neo Monareng - executive head sustainability (designate, effective 1 November 2025)

Ben Magara, CEO of Exxaro said: "These leadership appointments and structural changes strengthen Exxaro's
functional model in order to deliver sustainable growth and long-term value to our shareholders and all our
stakeholders. With a proven leadership team in place, Exxaro is well positioned to accelerate diversification,
deliver consistent operational performance and unlock value in energy and metals, while continuing to
strengthen our coal base. We look forward to welcoming Caroline Shirindza and Neo Monareng to team Exxaro."

Michelle Nana
Group Company Secretary
20 August 2025


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

Date: 20-08-2025 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.