Board Committees, Various Policies, Charters and update on the CPR Union Atlantic Minerals Limited (Incorporated in the Republic of South Africa) (Registration number 1998/001940/06) Share code: UAT ISIN: ZAE000254314 (“UNION ATLANTIC MINERALS or the Company”) Board Committees, Various Policies, Charters and update on the CPR It has been brought to the attention of the Company that there is certain information pertaining to the board and the committees of the Company that is not clear in the Integrated Report and to this end the following information is being published for shareholder information purposes,. The board of UAM is made up of the following directors: Mr. T. Botoulas – Executive Director; Mr. A. Botha – Executive Finance Director; Dr. L. Mohuba – Chairman and non-executive director; Mr. P. Cook – Independent non-executive director; and Mr. G. Joubert – Lead independent non-executive director Shareholders are further advised that the Company has constituted the following board committees which are compliant with the relevant legislation and codes and operate in line with the board’s approved Terms of References: Audit and Risk Social and Ethics Remuneration Nomination Committee Committee Committee Committee Peter Cook Member Chairman Chairman Member Gideon Joubert Chairman Member Member Member Lelau Mohuba* Member Member Member Chairman The board further confirms that the Company reviews the directors independence status on an ongoing basis, has established appropriate financial reporting procedures, which are operating satisfactorily and has the appropriate race and gender policies in place as adopted on 4 July 2018. The board and committee charters, race and gender policy and the Company’s King IV compliance report are available on the companies website at http://www.unionatlanticminerals.com/ The board would also like to confirm that it has received a report from the Competent Person, Minxcon, dated 24 July 2019 confirming that there has been no material change in the mineral resources as presented in the Company’s CPR that is available on the Company’s website. Centurion 02 August 2019 SPONSOR AND CORPORATE ADVISER River Group MEDIA AND INVESTOR RELATIONS James Duncan R&A Strategic Communications james@rasc.co.za +27 11 880 3924 Date: 02/08/2019 12:45:00 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.