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Availability of the B-BBEE annual compliance report and dealings in securities – acceptance of awards

Published: 2023-11-01 17:45:22 ET
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                                        DRDGOLD LIMITED
                            (Incorporated in the Republic of South Africa)
                               (Registration number: 1895/000926/06)
                                        ISIN: ZAE000058723
                                    JSE & A2X share code: DRD
                                     NYSE trading symbol: DRD
                                  (“DRDGOLD” or the “Company”)

AVAILABILITY OF THE BROAD-BASED BLACK ECONOMIC EMPOWERMENT ANNUAL
COMPLIANCE REPORT AND DEALINGS IN SECURITIES – ACCEPTANCE OF AWARDS

Availability of the Broad-Based Black Economic Empowerment Annual Compliance Report

Shareholders of DRDGOLD (“Shareholders”) are advised that the Company’s annual compliance
report prepared pursuant to section 13G(2) of the Broad-Based Black Economic Empowerment Act,
No. 53 of 2003, as amended, is available on the Company’s website at:
https://www.drdgold.com/downloads/send/124-2023/317-bee-certificate-november-2023

Dealings in Securities – Acceptance of Awards

Shareholders are further advised that in terms of the equity settled long-term incentive scheme
(“LTI Scheme”), as approved by Shareholders on 2 December 2019, qualifying employees are awarded
conditional shares on an annual basis, comprising performance shares (80% of the total conditional
shares awarded) and retention shares (20% of the total conditional shares awarded) (“Awards”).

Awards vest 3 years after the grant date, subject to the rules of the LTI Scheme, including certain
performance conditions being met, and will be settled in the form of DRDGOLD ordinary shares
(“DRDGOLD Shares”) at a zero-exercise price.

DRDGOLD hereby advises Shareholders of the following acceptances of Awards by directors,
prescribed officers and the company secretary of DRDGOLD and directors of its major subsidiaries:

 Nature of transactions:                            Acceptance of Awards
 Class of securities:                               Conditional      shares,    comprising      80%
                                                    performance shares and 20% retention shares,
                                                    which will be settled in DRDGOLD Shares upon
                                                    vesting, in accordance with the rules of the LTI
                                                    Scheme
 Date of acceptance of Awards:                      31 October 2023
 Vesting date:                                      25 October 2026
 Strike price:                                      Rnil
 Nature and extent of interest:                     Direct beneficial
 Transactions completed:                            Off-market

                           Company Name             Number of conditional          Deemed value*
                                                    shares                         of transaction
 Directors

 Niël Pretorius            DRDGOLD                  436 959                        R7 380 237.51
 Riaan Davel               DRDGOLD                  232 624                        R3 929 019.36
 Henry Gouws               Ergo Mining              148 600                        R2 509 854.00
                           Proprietary Limited
                           (“Ergo”)
 Mark Burrell           Ergo                     98 487                       R1 663 445.43
 Henriette Hooijer      Far West Gold            84 025                       R1 419 182.25
                        Recoveries Proprietary
                        Limited (“FWGR”)
 Kevin Kruger           FWGR                     123 049                      R2 078 297.61
 Prescribed officer

 Jaco Schoeman           DRDGOLD                 232 624                      R3 929 019.36
 Prescribed officer / company secretary

 Kgomotso Mbanyele      DRDGOLD                  29 585                       R499 690.65

*Based on the closing DRDGOLD Share price on the grant date, being R16.89 on 25 October 2023

In compliance with paragraph 3.66 of the JSE Limited Listings Requirements, prior clearance was
obtained from the chairman of the board of directors of DRDGOLD.

Johannesburg
1 November 2023

Sponsor
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