EXXARO RESOURCES LIMITED — Director's Dealing 2026

May 4, 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 prescribed officers 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:
30 April 2026

Name:
Mr RE Lilleike
Position:
Prescribed Officer: Exxaro Resources Limited
LTIP award:
34 901

Name:
Mr FM Ntlhoro
Position:
Prescribed Officer: Exxaro Resources Limited
LTIP award:
19 794

MH Nana
GROUP COMPANY SECRETARY
04 May 2026

exxaro
POWERING POSSIBILITY

---

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

Joint Equity Sponsor
Tamela Holdings Proprietary Limited

eXeXaro

POWERING POSSIBILITY