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EXX - Share Transactions

Published: 2023-04-28 16:10:36 ET
<<<  go to JSE:EXX company page
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 Code: EXX05
ISIN No: ZAG000160334
(Exxaro)

SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given
that a prescribed officer of Exxaro received and accepted conditional awards granted in terms of the
Long-Term Incentive Plan scheme (LTIP scheme), after having received clearance to do so in terms of
paragraph 3.66 of the JSE Limited 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 (01/04/2023 to
                                          01/04/2026)
 Class of share:                          LTIP Ordinary Shares
 Nature of interest:                      Direct Beneficial
 Option strike price:                     R0.00
 VWAP (on date of trade):                 R187.75
 Date of transaction:                     28 April 2023
 Vesting date:                            1 April 2026
 Vesting period:                          3 years

 Name:                                    Ms H Bhola
 Position:                                Prescribed officer: Exxaro
 LTIP award                               10 920

Given that this was a receipt and exercise of conditional awards, no on- or off-market trades took place.

Andiswa Ndoni
GROUP COMPANY SECRETARY

28 April 2023

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