Dealings in securities NORTHAM PLATINUM LIMITED Incorporated in the Republic of South Africa (Registration number 1977/003282/06) Share code: NHM ISIN: ZAE000030912 Debt issuer code: NHMI Bond code: NHM002 Bond ISIN: ZAG000129024 Bond code: NHM006 Bond ISIN: ZAG000158577 Bond code: NHM007 Bond ISIN: ZAG000158593 Bond code: NHM008 Bond ISIN: ZAG000158858 Bond code: NHM009 Bond ISIN: ZAG000158866 Bond code: NHM010 Bond ISIN: ZAG000159229 Bond code: NHM011 Bond ISIN: ZAG000159237 Bond code: NHM012 Bond ISIN: ZAG000160136 Bond code: NHM013 Bond ISIN: ZAG000162181 Bond code: NHM014 Bond ISIN: ZAG000163650 Bond code: NHM015 Bond ISIN: ZAG000164922 (“Northam” or the “company”) DEALINGS IN SECURITIES In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“JSE Listings Requirements”), Northam hereby advises its shareholders of the following acceptances of awards of retention shares and performance shares in terms of the Northam Share Incentive Plan (“SIP”), (“Awards”) by directors of the company, a director of a major subsidiary and the company secretary of Northam. These Awards are issued at nil cost and shall be settled in cash upon vesting, subject to the rules of the SIP. Name of director Paul Anthony Dunne Date of award acceptance 13 December 2019 Nature of transaction Acceptance of Awards of ordinary shares in terms of the SIP Class of securities Award in terms of the SIP Total number of ordinary shares covered by the 71 600 Awards (17 900 retention shares with no performance conditions) (53 700 performance shares with performance conditions) Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 31 October 2022 Nature and extent of director’s interest Direct beneficial Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes Name of director Aletta Helena Coetzee Date of award acceptance 13 December 2019 Nature of transaction Acceptance of Awards of ordinary shares in terms of the SIP Class of securities Award in terms of the SIP Total number of ordinary shares covered by the 32 280 Awards (8 065 retention shares with no performance conditions) (24 215 performance shares with performance conditions) Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 31 October 2022 Nature and extent of director’s interest Direct beneficial Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes Name of director of major subsidiary Leon Charl van Schalkwyk Name of major subsidiary Booysendal Platinum Proprietary Limited Date of award acceptance 13 December 2019 Nature of transaction Acceptance of Awards of ordinary shares in terms of the SIP Class of securities Award in terms of the SIP Total number of ordinary shares covered by the 26 650 Awards (6 660 retention shares with no performance conditions) (19 990 performance shares with performance conditions) Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 31 October 2022 Nature and extent of director’s interest Direct beneficial Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes Name of company secretary Patricia Beatrice Beale Date of award acceptance 13 December 2019 Nature of transaction Acceptance of Awards of ordinary shares in terms of the SIP Class of securities Award in terms of the SIP Total number of ordinary shares covered by the 16 650 awards (4 160 retention shares with no performance conditions) (12 490 performance shares with performance conditions) Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 31 October 2022 Nature and extent of interest Direct beneficial Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes Johannesburg 17 December 2019 Sponsor and Debt Sponsor One Capital Date: 17-12-2019 08:00:00 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.