Dealings in securities by Thungela Share Plan for the allocation of forfeitable shares in terms of the Share Plan Thungela Resources Limited (Incorporated in the Republic of South Africa) Registration number: 2021/303811/06 JSE share code: TGA LSE share code: TGA ISIN: ZAE000296554 Tax number: 9111917259 ("Thungela" or the "Company" and, together with its affiliates, the 'Group') DEALINGS IN SECURITIES BY THUNGELA SHARE PLAN FOR THE ALLOCATION OF FORFEITABLE SHARES IN TERMS OF THE SHARE PLAN In compliance with paragraph 3.96 of the Listings Requirements of the JSE Limited ("the JSE Listings Requirements"), we hereby provide the following information regarding the purchase of shares to be used for the future settlement of rights issued as forfeitable shares under the 2021 Thungela Company Share Plan. The repurchased shares will be held in Treasury until such time that the shares have vested under the rules of 2021 Thungela Company Share Plan. Date of transaction: 30 October 2024 Nature of transaction: On-market acquisition of securities Class of securities: Ordinary shares Number of securities: 4,751 Volume weighted average purchase R126.66 price per security: Highest purchase price per security: R128.31 Lowest purchase price per security: R124.67 Transaction value: R601,761.66 Nature of interest: Direct beneficial Clearance to deal in terms of the JSE Listings Requirements was obtained. Rosebank, South Africa 31 October 2024 UK Financial adviser and corporate broker Panmure Liberum Capital Limited Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 31-10-2024 04:00:00 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.