Enhanced Investments - Financial Portal

EXX: Share Transactions

Published: 2023-05-02 12:54:19 ET

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 prescribed officers and a director of major subsidiaries 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
Date of transaction:                      1 May 2023
Vesting date:                             1 April 2026
Vesting period:                           3 years

Name:                                     Mr AS De Angelis
Position:                                 Prescribed officer: Exxaro
LTIP award                                19 822

Name:                                     Mr JG Meyer
Position:                                 Prescribed officer: Exxaro
LTIP award                                26 308

Name:                                     Mr MI Mthenjane
Position:                                 Prescribed officer: Exxaro
LTIP award                                24 608

Name:                                     Mr MR Walker
Position:                                 Director of major subsidiaries: Exxaro Coal (Pty) Ltd,
                                          Exxaro Coal Mpumalanga (Pty) Ltd and Exxaro
                                          International Trading AG
LTIP award                                20 088

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

2 May 2023

Lead Equity and Debt Sponsor            Joint Equity Sponsor
Absa Corporate and Investment Bank, a   Tamela Holdings Proprietary Limited
division of Absa Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.