MERAFE RESOURCES LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1987/003452/06) JSE and A2X share code: MRF ISIN: ZAE000060000 (“Merafe”) PRODUCTION REPORT FOR THE QUARTER AND YEAR ENDED 31 DECEMBER 2024 Merafe's attributable ferrochrome production from the Glencore Merafe Chrome Venture for the fourth quarter ended 31 December 2024 was 70kt, resulting in a marginal increase of approximately 0.3% in production for the year ended 31 December 2024 when compared to the prior comparative period. Quarter ended Year ended 31 December 31 December 2024 2023 2024 2023 Attributable ferrochrome production (kt) 70 75 301 300 Sandton 17 January 2025 Sponsor One Capital