EXXARO RESOURCES LIMITED — Director's Dealing 2026

May 8, 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 director of a major subsidiary 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:
07 May 2026

Name:
Ms M Phejaolema
Position:
Director of major subsidiary: Exxaro Coal (Pty) Ltd.
LTIP award:
5 701

MH Nana
GROUP COMPANY SECRETARY
08 May 2026

exxaro
POWERING POSSIBILITY

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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