Dealings in securities Sibanye Stillwater Limited Incorporated in the Republic of South Africa Registration number 2014/243852/06 Share code: SSW ISIN – ZAE000259701 Issuer code: SSW (“Sibanye-Stillwater” or “the Group” or “the Company”) Director Dealings (amended) Johannesburg, 10 March 2020: Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following is disclosed: Name NJ Froneman Position Chief Executive Officer Company Sibanye-Stillwater Limited Nature of interest Direct and Beneficial Nature of transaction Retention of performance shares in respect of previously awarded shares on 1 March 2017 Transaction Date 6 March 2020 Number of ADRs 29 749 Class of Security ADR Market Price per ADR: Low – $8.20 High – $9.70 Exercise price - $8.46 Total Value $251 676.54 Vesting Period Vest after the performance criteria has been applied and is subject to the performance condition Name H Kenyon-Slaney Position Independent Non-Executive Director Company Sibanye-Stillwater Limited Nature of interest Direct and Beneficial Nature of transaction On market purchase of ADRs Transaction Date 5 March 2020 Number of ADRs 4 213 Class of Security ADR Market Price per ADR: £7.12 Total Value £29 996.56 In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal in the above securities has been obtained. Ends. Investor relations contact: Email: ir@sibanyestillwater.com James Wellsted Head of Investor Relations Tel: +27 (0) 83 453 4014 Sponsor: J.P. Morgan Equities South Africa Proprietary Limited Ends. 1 FORWARD LOOKING STATEMENTS The information in this announcement may contain forward-looking statements within the meaning of the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements, including, among others, those relating to Sibanye-Stillwater Limited’s (“Sibanye-Stillwater” or the “Group”) financial positions, business strategies, plans and objectives of management for future operations, are necessarily estimates reflecting the best judgment of the senior management and directors of Sibanye-Stillwater. All statements other than statements of historical facts included in this announcement may be forward-looking statements. Forward-looking statements also often use words such as “will”, “forecast”, “potential”, “estimate”, “expect” and words of similar meaning. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and should be considered in light of various important factors, including those set forth in this disclaimer and in the Group’s Annual Integrated Report and Annual Financial Report, published on 29 March 2019, and the Group’s Annual Report on Form 20-F filed by Sibanye-Stillwater with the Securities and Exchange Commission on 5 April 2019 (SEC File no. 001-35785), and the Form F-4 filed by Sibanye Stillwater Limited with the Securities and Exchange Commission on 4 October 2019 (SEC File no. 333-234096) and any amendments thereto. Readers are cautioned not to place undue reliance on such statements. 2 Date: 10-03-2020 08:42:00 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.