EXXARO RESOURCES LIMITED — Director's Dealing 2026

Apr 28, 2026

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
Bond Issuer code: EXXI
(Exxaro)

SHARE TRANSACTIONS

In terms of paragraphs 6.77 to 6.80 of the JSE Limited (JSE) Listings Requirements, notice is hereby given that the following executive directors, prescribed officers & directors of major subsidiary and group company secretary of Exxaro received and accepted conditional awards in terms of the Long-Term Incentive Plan (LTIP), after having received clearance to do so in terms of paragraph 6.83 of the JSE Listings Requirements.

LTIP performance period:

The vesting of the LTIP awards is conditional upon the achievement of Exxaro Group performance targets over a period of 3 years (01/01/2026 to 31/12/2028). The performance conditions include performance targets for growth in Return on Capital Employed (ROCE), Total Shareholder Return (TSR) and achievement in Environmental, Social and Governance (ESG).

Class of share: Exxaro Ordinary Shares
Nature of transaction: Off market award in terms of the LTIP Scheme
LTIP Nature of interest: Indirect Beneficial
Option strike price: R0.00
Award date: 01 April 2026
Vesting date: 01 April 2029
Vesting period: 3 years from award date
Acceptance date: 28 April 2026

Name: Mr B Magara
Position: Executive Director & CEO: Exxaro Resources Limited
LTIP award: 129 367

Name: Mr PA Koppeschaar
Position: Executive Director & FD: Exxaro Resources Limited
LTIP award: 51 630

Name: Mr S Govender
Position: Prescribed Officer: Exxaro Resources Limited
LTIP award: 22 626

Name: Mr JG Meyer
Position: Prescribed Officer: Exxaro Resources Limited
LTIP award: 25 920

exxaro
POWERING POSSIBILITY

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Name: Ms NM Monareng
Position: Prescribed Officer: Exxaro Resources Limited
LTIP award: 21 630

Name: Ms RC Shirindza
Position: Prescribed Officer & Director of major subsidiaries: Exxaro Resources Limited/ Exxaro Coal (Pty) Ltd
LTIP award: 34 680

Name: Mrs MH Nana
Position: Group Company Secretary: Exxaro Resources Limited
LTIP award: 12 703

Name: Mr MR Walker
Position: Director of major subsidiaries: Exxaro Coal (Pty) Ltd and Exxaro International Trading AG
LTIP award: 19 864

Name: Ms ZZ Hlophe
Position: Director of major subsidiary: Exxaro Coal (Pty) Ltd
LTIP award: 5 477

MH Nana
GROUP COMPANY SECRETARY

28 April 2026

Lead Equity and Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Joint Equity Sponsor
Tamela Holdings Proprietary Limited

exxaro
POWERING POSSIBILITY