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Share Transactions.

Published: 2023-05-05 10:04:21 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 director of a major subsidiary 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:                       Indirect Beneficial
Option strike price:                      R0.00
Date of transaction:                      5 May 2023
Vesting date:                             1 April 2026
Vesting period:                           3 years

Name:                                     Ms E Cockrell
Position:                                 Director of major subsidiary: Exxaro International
                                          Trading AG
LTIP award                                6 471


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


Andiswa Ndoni
GROUP COMPANY SECRETARY

5 May 2023



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