Listing of new financial instrument – NHM020 NORTHAM PLATINUM LIMITED Incorporated in the Republic of South Africa (Registration number 1977/003282/06) Debt issuer code: NHMI Bond code: NHM020 Bond ISIN: ZAG000172594 (“Northam”) LISTING OF NEW FINANCIAL INSTRUMENT – NHM020 The JSE Limited (“JSE”) has granted approval for the listing of NHM020 Senior Unsecured Floating Rate Notes (“Notes”) issued under the Northam Platinum Limited ZAR15 000 000 000 Domestic Medium Term Note Programme, dated 29 October 2020, as amended and/or supplemented from time to time (“Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 25 November 2020. The details pertaining to the issue of NHM020 are as follows: Instrument Type: Senior Unsecured Floating Rate Notes Total Notes in Issue: ZAR7 131 615 839.00 (inclusive of this issue and the tap issuances under series NHM011, NHM014, NHM016, NHM018 and NHM019, all issuing on 25 November 2020) Instrument Code NHM020 Nominal Amount: ZAR132 000 000.00 Issue Price: 100% Interest Rate: 3 Month ZAR-JIBAR plus 375 bps per annum Interest Rate Determination Date(s): 25 February, 25 May, 25 August and 25 November (or the first Business Day of each Interest Period) of each year until the Maturity Date with the first Interest Rate Determination Date being 20 November 2020 Coupon Rate Indicator: Floating Issue Date: 25 November 2020 Interest Commencement Date: 25 November 2020 Maturity Date: 25 November 2023 Final Redemption Amount: 100% of Nominal Amount Last Day to Register: By 17h00 on 14 February, 14 May, 14 August and 14 November of each year until the Maturity Date, or if such day is not a Business Day, the Business Day before each Books Closed Period Books Closed Period: 15 February to 24 February, 15 May to 24 May, 15 August to 24 August and 15 November to 24 November of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date Floating Interest Payment Date(s): 25 February, 25 May, 25 August and 25 November of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention International Securities Identification Numbering ZAG000172594 (ISIN): Business Day Convention: Following Business Day Other: The applicable pricing supplement (“APS”) does not contain additional terms and conditions to the terms and conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96- files/1331-applicable-pricing-supplement-nhm020-tap- issue Additional Terms and Conditions: Not applicable The Notes will be immobilised in the Central Securities Depository (CSD) and settlement will take place electronically in terms of JSE Rules. Johannesburg 24 November 2020 Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Programme One Capital Attorneys to Northam, the Arranger and the Dealer in respect of the Programme Bowman Gilfillan Inc. Date: 24-11-2020 05:00:00 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.