BUFFALO COAL CORP. Registration number: 001891261 External company registration number: 2011/011661/10 Share code on the TSX Venture Exchange: BUF Share code on the JSE Limited: BUC ISIN: CA1194421014 ("Buffalo Coal" or “Buffalo” or “the Group” or "the Company" or “the Issuer”) APPOINTMENT OF NON-EXECUTIVE DIRECTOR AND CHAIRPERSON August 25, 2022: Buffalo Coal advises its shareholders of the appointment of Mr Tushar Agrawal as a non- executive director and Chairperson of the board of directors of Buffalo (“the Board”) with immediate effect. Mr Agrawal is the ultimate beneficial owner of Belvedere Resources DMCC, the largest shareholder of the Company. Mr Agrawal has a Business Administration degree from HR College in Mumbai and possesses extensive experience in both international and South African coal markets with entrepreneurial involvement in the exploration, mining, trading, beneficiation, shipping and logistics of coal. The directors of the Company welcome Mr Agrawal to the Board and look forward to working closely with him in the furtherance of the Company’s goals. About Buffalo Coal Buffalo is a coal producer in South Africa. It holds a majority interest in two operating mines through its 100% interest in Buffalo Coal Dundee Proprietary Limited, a South African company which has a 70% interest in Zinoju Coal Proprietary Limited (“Zinoju”). Zinoju holds a 100% interest in the Magdalena bituminous mine, the Aviemore East anthracite mine and the Balgray and North Adit anthracite projects in South Africa. Buffalo Coal has an experienced coal-focused Board and Management team. The Company has its primary listing on the TSX Venture Exchange and has a secondary listing on the Alternative Exchange, operated by the JSE Limited. FOR FURTHER INFORMATION PLEASE CONTACT: Ms Emma Oosthuizen Chief Executive Officer Email: emma.oosthuizen@buffalocoal.co.za Registered office: Greytown Road Industrial Area Dundee KwaZulu-Natal 3000 25 August 2022 Designated advisor: Questco Corporate Advisory Proprietary Limited