NORTHAM PLATINUM HOLDINGS LIMITED - Passing of the independent non-executive chairman and changes to the boards of directors

Passing of the independent non-executive chairman and changes to the boards of directors

NORTHAM PLATINUM HOLDINGS LIMITED                       NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa            Incorporated in the Republic of South Africa
Registration number: 2020/905346/06                     Registration number: 1977/003282/06
Share code: NPH                                         Debt issuer code: NHMI
ISIN: ZAE000298253                                      Bond code: NHM015       Bond ISIN: ZAG000164922
(“Northam Holdings” or, together with Northam           Bond code: NHM016       Bond ISIN: ZAG000167750
Platinum, “Northam”)                                    Bond code: NHM018       Bond ISIN: ZAG000168097
                                                        Bond code: NHM019       Bond ISIN: ZAG000168105
                                                        Bond code: NHM020       Bond ISIN: ZAG000172594
                                                        Bond code: NHM021       Bond ISIN: ZAG000181496
                                                        (“Northam Platinum”)

PASSING OF THE INDEPENDENT NON-EXECUTIVE CHAIRMAN AND CHANGES TO THE BOARDS OF DIRECTORS

It is with great sadness that the board of directors of Northam Holdings (“Northam Holdings Board”) and the board of
directors of Northam Platinum (“Northam Platinum Board”) advise of the untimely passing of Mr David Hugh Brown,
the independent non-executive chairman of the Northam Holdings Board and Northam Platinum Board, on
Sunday, 19 June 2022.

Mr Brown joined Northam in November 2017 and served as a member of Northam’s remuneration committee and
chairperson of Northam’s nomination committee and investment committee. Mr Brown contributed a wealth of
knowledge, experience and expertise and Northam is appreciative of Mr Brown’s invaluable leadership and wise counsel
during his tenure.

The directors of Northam Holdings and Northam Platinum wish to extend their deepest sympathies to Mr Brown’s family
and friends.

Paul Dunne, CEO, Northam, said: “I am shocked and saddened at the sudden passing of David, a stalwart of the
Southern African mining industry. He was not only Chairman of Northam’s board but a friend and colleague. He worked
at board level in the sector for more than 23 years. My fellow board members and executive team join me in extending
our sincerest sympathy to his family and loved ones, friends and colleagues. David instinctively knew that people are at
the centre of all things mining. He will be sorely missed.”

Northam further advises that:

    •     Mr Temba Irvine Mvusi, Northam Holdings’ current lead independent director, has been appointed as the new
          chairman of the Northam Holdings Board and, pursuant to the policy dealing with the nomination of directors,
          elected as a director of Northam Platinum and appointed as the new chairman of Northam Platinum Board with
          immediate effect; and
    •     Ms Hester Helena Hickey, an independent non-executive director of Northam Holdings, has been appointed
          as Northam Holdings’ new lead independent director, with immediate effect.

A further announcement regarding the necessary appointments to the affected Northam Holdings Board committees,
following the vacancies which have arisen as a result of the passing of Mr Brown, will be published in due course.


Johannesburg
20 June 2022

Corporate Advisor and Sponsor to Northam Holdings               
One Capital                                                    
                                                                                
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital

Attorneys to Northam Holdings and Northam Platinum
Webber Wentzel
Date: 20-06-2022 04:00:00
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