PAN AFRICAN RESOURCES PLC - Total Voting Rights and Issued Share Capital

Total Voting Rights and Issued Share Capital

Pan African Resources PLC                                 Pan African Resources Funding Company
(Incorporated and registered in England and Wales         Limited
under the Companies Act 1985 with registered              Incorporated in the Republic of South Africa
number 3937466 on 25 February 2000)                       with limited liability
Share code on LSE: PAF                                    Registration number: 2012/021237/06
Share code on JSE: PAN                                    Alpha code: PARI
ISIN: GB0004300496
ADR ticker code: PAFRY
("Pan African Resources" or the "Company" or the
"Group")

TOTAL VOTING RIGHTS AND ISSUED SHARE CAPITAL

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, Pan
African Resources PLC notifies the market that as at 1 December 2025:

    1.   Pan African Resources PLC's issued share capital comprised 2,333,671,529* ordinary shares of
         1p each.

* The Company does have voting and economic rights in respect of 306,358,058 Ordinary Shares held by
PAR Gold. These shares are treated as treasury shares for accounting purposes.

Accordingly, the total number of voting rights in Pan African Resources plc is 2,333,671,529. This figure
may be used by shareholders as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest in, Pan African Resources plc under the
Disclosure Guidance and Transparency Rules.


Johannesburg

1 December 2025

For further information on Pan African, please visit the Company's website at

www.panafricanresources.com



 Corporate information
 Corporate Office                                       Registered Office
 The Firs Building                                      107 Cheapside, 2nd Floor
 2nd Floor, Office 204                                  London, EC2V 6DN
 Corner Cradock and Biermann Avenues                    United Kingdom
 Rosebank, Johannesburg                                 Office: + 44 (0)20 3869 0706
 South Africa                                           jane.kirton@corpserv.co.uk
 Office: + 27 (0)11 243 2900
 info@paf.co.za

 Chief Executive Officer                                Financial Director and debt officer
 Cobus Loots                                            Marileen Kok
 Office: + 27 (0)11 243 2900                            Office: + 27 (0)11 243 2900

 Head: Investor Relations                               Website: www.panafricanresources.com
 Hethen Hira
 Tel: + 27 (0)11 243 2900
 E-mail: hhira@paf.co.za

 Company Secretary                                      Nominated Adviser and Joint Broker
 Jane Kirton                                            Ross Allister/Georgia Langoulant
 St James's Corporate Services Limited                  Peel Hunt LLP
 Office: + 44 (0)20 3869 0706                           Office: +44 (0)20 7418 8900

 JSE Sponsor & JSE Debt Sponsor                         Joint Broker
 Ciska Kloppers                                         Thomas Rider/Nick Macann
 Questco Corporate Advisory Proprietary                 BMO Capital Markets Limited
 Limited                                                Office: +44 (0)20 7236 1010
 Office: + 27 (0) 63 482 3802

                                                        Joint Broker
                                                        Matthew Armitt/Jennifer Lee
                                                        Joh. Berenberg, Gossler & Co KG
                                                        (Berenberg)
                                                        Office: +44 (0)20 3207 7800

Date: 01-12-2025 05:30:00
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