Acceptance of awards by directors and the company secretary of Hulamin Limited and directors of major subsidiaries HULAMIN LIMITED Incorporated in the Republic of South Africa (Registration number 1940/013924/06) ISIN: ZAE000096210 JSE Code: HLM (“Hulamin” or “the Company”) ACCEPTANCE OF AWARDS BY DIRECTORS AND THE COMPANY SECRETARY OF HULAMIN AND DIRECTORS OF MAJOR SUBSIDIARIES IN TERMS OF THE EQUITY-SETTLED CONDITIONAL SHARE PLAN Hulamin has made the following awards of Performance Shares in terms of its Equity-Settled Conditional Share Plan which comprises 3 components (“Award”): • Performance Shares (which are settled 1:1 with Hulamin ordinary shares on vesting); • Bonus Shares; and • Retention Shares. Share Scheme: Equity-Settled Conditional Share Plan (“Share Plan”) Name of recipient: RG Jacob – executive director Nature of transaction: Performance and Bonus Shares awarded in terms of the Share Plan Date of Award: 26 July 2018 Date of acceptance of Award: 17 September 2018 Number of shares awarded: Performance Shares 321 279 Bonus Shares 117 649 Per share value of Award: R6.22 Value of Award: Performance Shares R1 998 355 Bonus Shares R731 777 Vesting date: 26 July 2021 Nature of interest: Direct beneficial Share Scheme: Equity-Settled Conditional Share Plan (“Share Plan”) Name of recipient: AP Krull – executive director Nature of transaction: Performance and Bonus Shares awarded in terms of the Share Plan Date of Award: 26 July 2018 Date of acceptance of Award: 17 September 2018 Number of shares awarded: Performance Shares 199 660 Bonus Shares 78 538 Per share value of Award: R6.22 Value of Award: Performance Shares R1 241 885 Bonus Shares R488 506 Vesting date: 26 July 2021 Nature of interest: Direct beneficial Share Scheme: Equity-Settled Conditional Share Plan (“Share Plan”) Name of recipient: ZM Mkhize – executive director Nature of transaction: Performance and Bonus Shares awarded in terms of the Share Plan Date of Award: 26 July 2018 Date of acceptance of Award: 17 September 2018 Number of shares awarded: Performance Shares 152 571 Bonus Shares 57 682 Per share value of Award: R6.22 Value of Award: Performance Shares R948 992 Bonus Shares R358 782 Vesting date: 26 July 2021 Nature of interest: Direct beneficial Share Scheme: Equity-Settled Conditional Share Plan (“Share Plan”) Name of recipient: W Fitchat – Company Secretary Nature of transaction: Performance and Bonus Shares awarded in terms of the Share Plan Date of Award: 26 July 2018 Date of acceptance of Award: 17 September 2018 Number of shares awarded: Performance Shares 67 581 Bonus Shares 27 018 Per share value of Award: R6.22 Value of Award: Performance Shares R420 354 Bonus Shares R168 052 Vesting date: 26 July 2021 Nature of interest: Direct beneficial Share Scheme: Equity-Settled Conditional Share Plan (“Share Plan”) Name of recipient: F Bradford – Director of major subsidiary Name of subsidiary: Hulamin Operations Proprietary Limited Nature of transaction: Performance and Bonus Shares awarded in terms of the Share Plan Date of Award: 26 July 2018 Date of acceptance of Award: 17 September 2018 Number of shares awarded: Performance Shares 147 457 Bonus Shares 51 279 Per share value of Award: R6.22 Value of Award: Performance Shares R917 183 Bonus Shares R318 955 Vesting date: 26 July 2021 Nature of interest: Direct beneficial Share Scheme: Equity-Settled Conditional Share Plan (“Share Plan”) Name of recipient: DR Weisz – Director of major subsidiary Name of subsidiary: Hulamin Operations Proprietary Limited Nature of transaction: Performance and Bonus Shares awarded in terms of the Share Plan Date of Award: 26 July 2018 Date of acceptance of Award: 17 September 2018 Number of shares awarded: Performance Shares 125 183 Bonus Shares 39 259 Per share value of Award: R6.22 Value of Award: Performance Shares R778 638 Bonus Shares R244 191 Vesting date: 26 July 2021 Nature of interest: Direct beneficial Share Scheme: Equity-Settled Conditional Share Plan (“Share Plan”) Name of recipient: Ms MA Janneker – Director of major subsidiary Name of subsidiary: Hulamin Operations Proprietary Limited Nature of transaction: Performance, Bonus and Retention Shares awarded in terms of the Share Plan Date of Award: 26 July 2018 Date of acceptance of Award: 17 September 2018 Number of shares awarded: Performance Shares 117 374 Bonus Shares 43 709 Retention Shares 122 265 Per share value of Award: R6.22 Value of Award: Performance Shares R730 066 Bonus Shares R271 870 Retention Shares R760 488 Vesting date: 26 July 2021 Nature of interest: Direct beneficial Pietermaritzburg 18 September 2018 Sponsor Questco Corporate Advisory Proprietary Limited Date: 18/09/2018 01:35:00 Produced by the JSE SENS Department. 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