Trading statement for the year ended 30 June 2020 IMPALA PLATINUM HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1957/001979/06) JSE share code: IMP ISIN: ZAE000083648 ADR code: IMPUY JSE Convertible Bond Stock Code: IMCB22 JSE Convertible Bond ISIN: ZAE000247458 (“IMPL CB22”) (“Implats” or “the Group”) TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2020 Implats will release its results for the year ended 30 June 2020 (“the period”) on or about 3 September 2020. With reference to the Listings Requirements of the JSE Limited, issuers must publish a trading statement on SENS as soon as they become reasonably certain that the financial results for the period to be reported on will differ by at least 20% from those of the previous corresponding reporting period. A significant increase in the dollar basket price for PGMs, together with rand depreciation, has resulted in a higher rand PGM basket price received by the Group during the period. Consequently, Implats is expecting headline earnings and headline earnings per share (“HEPS”) for the period, to be significantly more than 20% higher than that reported for the year ended 30 June 2019 (“the comparative period”). Headline earnings and HEPS for the comparative period were R3 038 million and 423 cents respectively. Basic earnings and basic earnings per share (“EPS”) are also expected to be significantly more than 20% higher than the comparative period primarily due to the improvement in rand PGM pricing. Basic earnings and EPS in the comparative period were R1 471 million and 205 cents respectively. Implats will publish a further trading statement, detailing the expected EPS and HEPS ranges for the period under review, closer to the release of its annual financial results on or about 3 September 2020. The financial information on which this trading statement is based has not been reviewed and reported on by the external auditors of Implats. Ends Queries: Johan Theron E-mail: johan.theron@implats.co.za T: +27 (0) 11 731 9013/43 M: +27 (0) 82 809 0166 Emma Townshend E-mail : emma.townshend@implats.co.za T : +27 (0) 21 794 8345 M : +27 (0) 82 415 3770 Alice Lourens E-mail: alice.lourens@implats.co.za T: +27 (0) 11 731 9033/43 M: +27 (0) 82 498 3608 23 July 2020 Johannesburg Sponsor to Implats Nedbank Corporate and Investment Banking Date: 23-07-2020 12:00:00 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.