Enhanced Investments - Financial Portal

Results of Annual General Meeting and Retirement of Directors

Published: 2025-10-30 15:00:27 ET

IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY
(“Implats” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING AND RETIREMENT OF DIRECTORS

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that the voting results for the virtual annual general meeting (“AGM”) of Implats
held on Thursday, 30 October 2025, were as follows:

 Resolution                           Number of     Percentage          For**    Against**     Abstained***
                                        ordinary    of ordinary            %             %                   %
                                    shares voted      shares in
                                                         issue*
                                                              %
 Ordinary resolution number 1:        675 808 753       74.73%       98.68%          1.32%            0.00%
 Re-appointment of external
 auditors
 Ordinary resolution number 2:        675 412 901        74.68%      98.71%          1.29%            0.05%
 Re-election of directors
 2.1 Dawn Earp
 2.2   Mametja Moshe                  675 485 283        74.69%      98.64%          1.36%            0.04%

 Ordinary resolution number 3:        675 412 901        74.68%      95.74%          4.26%            0.05%
 Appointment of members of
 the audit and risk committee
 3.1 Dawn Earp

 3.2   Ralph Havenstein               675 485 283        74.69%      98.13%          1.87%            0.04%

 3.3   Mametja Moshe                  675 485 283        74.69%      99.44%          0.56%            0.04%

 3.4   Preston Speckmann              675 485 283        74.69%      98.54%          1.46%            0.04%
 Ordinary resolution number 4:        675 485 283        74.69%      94.14%          5.86%            0.04%
 Appointment of members of
 the social, transformation and
 remuneration committee
 4.1 Noluthando ‘Thandi’
      Orleyn
 4.2 Bernard Swanepoel                675 767 997        74.72%      91.73%          8.27%            0.01%
 4.3   Preston Speckmann              675 485 283        74.69%      94.15%          5.85%            0.04%
 4.4   Boitumelo Koshane              675 485 283        74.69%      93.85%          6.15%            0.04%
Resolution                         Number of    Percentage      For**   Against**   Abstained***
                                     ordinary   of ordinary        %           %                  %
                                 shares voted     shares in
                                                     issue*
                                                         %
Ordinary resolution number 5:     675 808 753       74.73%    87.88%      12.12%           0.00%
General authority to issue
authorised but unissued
shares for cash
Ordinary resolution number 6:     675 808 753       74.73%    100.00%      0.00%           0.00%
Directors’ authority to
implement special and
ordinary resolutions
Non-binding advisory vote 7.1:    675 808 753       74.73%    89.31%      10.69%           0.00%
Endorsement of the
Company’s remuneration
policy
Non-binding advisory vote 7.2:    675 788 912       74.72%    67.12%      32.88%           0.00%
Endorsement of the
Company’s remuneration
implementation report
Special resolution number 1:      675 809 053       74.73%    98.87%       1.13%           0.00%
Approval of non-executive
directors’ and committee
members’ remuneration
1.1 Remuneration of the
      chairperson of the board
1.2 Remuneration of the lead      675 809 053       74.73%    98.93%       1.07%           0.00%
      independent director
1.3 Remuneration of non-          675 809 053       74.73%    99.10%       0.90%           0.00%
    executive directors
1.4 Remuneration of audit         675 809 053       74.73%    99.88%       0.12%           0.00%
    and risk committee
    chairman
1.5 Remuneration of audit         675 809 053       74.73%    98.94%       1.06%           0.00%
    and risk committee
    member
1.6 Remuneration of social,       675 809 053       74.73%    99.71%       0.29%           0.00%
    transformation and
    remuneration committee
    chairman
1.7 Remuneration of social,       675 809 053       74.73%    99.69%       0.31%           0.00%
    transformation and
    remuneration committee
    member
1.8 Remuneration of               675 809 053       74.73%    99.88%       0.12%           0.00%
    nomination, governance
    and ethics committee
    chairman
1.9   Remuneration of             675 809 053       74.73%    99.69%       0.31%           0.00%
      nomination, governance
      and ethics committee
      member
1.10 Remuneration of health,      675 809 053       74.73%    99.71%       0.29%           0.00%
     safety and environment
     committee chairman

                                                                                    Page 2 of 4
 Resolution                            Number of       Percentage          For**     Against**     Abstained***
                                         ordinary      of ordinary             %             %                   %
                                     shares voted        shares in
                                                            issue*
                                                                 %
 1.11 Remuneration of health,         675 809 053          74.73%        99.69%         0.31%             0.00%
      safety and environment
      committee member
 1.12 Remuneration of strategy        675 809 053          74.73%        99.88%         0.12%             0.00%
      and investment
      committee chairman
 1.13 Remuneration of strategy        675 809 053          74.73%        99.86%         0.14%             0.00%
      and investment
      committee member
 1.14 Remuneration for ad hoc         675 809 053          74.73%        98.61%         1.39%             0.00%
      meetings fees per
      additional board or
      committee meeting
 Special resolution number 2:         675 808 753          74.73%        97.48%         2.52%             0.00%
 Authority to provide financial
 assistance
 Special resolution number 3:         675 783 618          74.72%        79.32%        20.68%             0.00%
 Repurchase of Company
 shares by Company or
 subsidiary

*       Based on 904 368 485 ordinary shares in issue at the date of the AGM.
**      In relation to the total number of shares voted at the AGM.
***     In relation to the total number of shares in issue at the date of the AGM.

Shareholders are further advised that due to the non-binding advisory vote 7.2 relating to the endorsement of
the Company’s remuneration implementation report being voted against by more than 25% of Implats
shareholders present in person or by proxy at the AGM, an invitation is hereby extended to such dissenting
shareholders to engage with the Company. Those wishing to do so should, in the first instance, contact the
investor relations team at investor@implats.co.za. All other resolutions were passed by the requisite majority
of Implats shareholders represented at the AGM.

RETIREMENT OF DIRECTORS

As set out in the notice of AGM, shareholders are reminded that Ms Mpho Nkeli and Mr Billy Mawasha had
decided not to offer themselves for re-election and accordingly retired as Independent Non-executive
Directors from the Implats board today.

The board extends its appreciation to Ms Nkeli and Mr Mawasha for their dedicated service, marked by
integrity and excellence and for their contributions in strengthening the board, enhancing governance and
supporting the Company’s long-term success.

Queries:

Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013
M: +27 (0) 82 809 0166

Emma Townshend


                                                                                                   Page 3 of 4
E-mail: emma.townshend@implats.co.za
T : +27 (0) 21 794 8345
M : +27 (0) 82 415 3770

Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033
M: +27 (0) 82 498 3608


30 October 2025
Johannesburg

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited




                                                                          Page 4 of 4

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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.