Corresponding Trading Halt Not Declared on Johannesburg Stock Exchange Southern Palladium Limited Incorporated in the Commonwealth of Australia Australian Company Number 646 391 899 ASX share code: SPD JSE share code: SDL ISIN AU0000220808 ("Southern Palladium" or "the Company") Corresponding Trading Halt Not Declared on Johannesburg Stock Exchange On 10 June 2025, pursuant to Listing Rule 17.1, Southern Palladium Limited (ASX Code: SPD and JSE Code: SDL) (the Company or Southern Palladium) requested, and the ASX granted, an immediate trading halt for all of Southern Palladium's securities. The trading halt was requested pending an announcement regarding a capital raising, to be undertaken by way of a share placement (Placement). The trading halt is required to enable the Placement to be undertaken in an orderly manner. The trading halt on the ASX will remain in place until the earlier of such time as it makes an announcement to the market in relation to the outcome of the Placement and the commencement of trading on Thursday, 12 June 2025. The Johannesburg Stock Exchange has not declared a corresponding Trading Halt and accordingly investors should be wary of buying or selling securities ahead of the Company's Placement announcement. This announcement has been authorised for release by the Executive Chairman of Southern Palladium Limited. For further information, please contact: Johan Odendaal Managing Director Southern Palladium Phone: +27 82 557 6088 Email: johan.odendaal@southernpalladium.com 10 June 2025 JSE Sponsor Merchantec Capital Media & investor relations inquiries: Sam Jacobs, Six Degrees Investor Relations: +61 423 755 909 Follow @SouthernPalladium on Twitter Follow Southern Palladium on LinkedIn Date: 10-06-2025 01:32:00 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.