EXXARO RESOURCES LIMITED - Exxaro Share Transactions

Exxaro 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: EXXI
(Exxaro)

SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited (JSE) Listings Requirements, notice is
hereby given that Directors of major subsidiaries of Exxaro exercised pledged and matching awards
vested and released in terms of the Deferred Bonus Plan Scheme (DBP Scheme) and sold Exxaro
ordinary shares, in respect of Mr L Groenewald, he received and accepted conditional awards
granted in terms of the Bonus Matching Plan (BMP), after having received clearance to do so in
terms of paragraph 3.66 of the JSE Listings Requirements.

 BMP performance period:                   The vesting of the BMP awards is conditional upon the
                                           achievement of Exxaro group performance targets over
                                           1 year (01/04/2024 to 01/04/2025)
 Class of share:                           BMP ordinary shares
 Nature of interest:                       Indirect beneficial
 Option strike price:                      R0.00
 Date of transaction:                      27 September 2024
 Vesting date:                             1 April 2025
 Vesting period:                           1 year

 Name:                                     Mr L Groenewald
 Position:                                 Prescriber officer: Exxaro
 BMP award                                 1149

 BMP performance period:                   The vesting of the BMP awards is conditional upon the
                                           achievement of Exxaro group performance targets over
                                           a period of 2 years (01/04/2024 to 01/04/2026)
 Class of share:                           BMP ordinary shares
 Nature of interest:                       Indirect beneficial
 Option strike price:                      R0.00
 Date of transaction:                      27 September 2024
 Vesting date:                             1 April 2026
 Vesting period:                           2 years

 Name:                                     Mr L Groenewald
 Position:                                 Prescriber officer: Exxaro
 BMP award                                 1149

 Class of shares:                          DBP Ordinary Shares
 Nature of transaction:                    Off-market exercise of pledged and matching awards
                                           vested and released and on-market sales in terms of the
                                           DBP Scheme
 Nature of interest:                       Direct Beneficial
 Date of transaction:                      26 September 2024
 DBP vesting date:                         21 September 2024
 Vesting period:                           3 years
 Date on which shares became               21 September 2024
 tradable:
 VWAP on date of grant/ Strike price       R174.13
 per pledged shares
 Highest trading price                     R181.98
 Lowest trading price                      R173.00

 Name:                                     Mr L Ramashilabele
 Position:                                 Director of major subsidiary: Exxaro Coal Mpumalanga
                                           (Pty) Ltd
 Pledged shares vested and released        220
 Matching shares vested and sold           220
 Price per matching share                  R172.1400
 Value of matching shares                  R37 870.80

 Class of shares:                          DBP Ordinary Shares
 Nature of transaction:                    Off-market exercise of pledged and matching awards
                                           vested and released and on-market sales in terms of the
                                           DBP Scheme
 Nature of interest:                       Direct Beneficial
 Date of transaction:                      26 September 2024
 DBP vesting date:                         21 September 2024
 Vesting period:                           3 years
 Date on which shares became               21 September 2024
 tradable:
 Strike price per pledged shares           R161.88

 Name:                                     Mr M Walker
 Position:                                 Director of major subsidiaries: Exxaro Coal Mpumalanga
                                           (Pty) Ltd and Exxaro International Trading AG
 Pledged shares vested and released        190
 Matching shares vested and                104
 transferred to personal portfolio
 VWAP                                      R171.54
 Highest                                   R174.43
 Lowest                                    R166.71
 Value of matching shares vested and       R17 840.16
 transferred to personal portfolio
 Matching shares vested and sold           86
 Price per matching share                  R172.1400
 Value of matching shares                  R14 804.04

M NANA
GROUP COMPANY SECRETARY

27 September 2024

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

Date: 27-09-2024 04:39:00
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