NORTHAM PLATINUM LIMITED
                                 Incorporated in the Republic of South Africa
                                    Registration number 1977/003282/06
                                           Debt issuer code: NHMI
                               Bond code: NHM023 Bond ISIN: ZAG000190968
                                                 (“Northam”)

                          LISTING OF NEW FINANCIAL INSTRUMENT – NHM023

The JSE Limited (“JSE”) has granted approval for the listing of NHM023 Senior Unsecured Floating Rate Notes
(“Notes”) under series NHM023 issued under the Northam Platinum Limited ZAR15 000 000 000 Domestic
Medium Term Note Programme (“Programme”), dated 29 October 2020, as amended and supplemented from
time to time (“Programme Memorandum”), as guaranteed by Booysendal Platinum Proprietary Limited, with
effect from 21 October 2022.

Any capitalised terms not defined in this announcement shall have the meanings ascribed thereto in the section
of the Programme Memorandum headed “Terms and Conditions of the Notes”.

The details pertaining to the issue of NHM023 are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR14 999 836 845 (inclusive of this issue of Notes)
 Instrument Code:                                     NHM023
 Nominal Amount:                                      ZAR243 000 000
 Issue Price:                                         100%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 300 bps per annum
 Interest Rate Determination Date(s):                 21 January, 21 April, 21 July and 21 October (or the
                                                      first Business Day of each Interest Period) of each year
                                                      until the Maturity Date with the first Interest Rate
                                                      Determination Date being 18 October 2022
 Coupon Rate Indicator:                               Floating Rate
 Issue Date:                                          21 October 2022
 Interest Commencement Date:                          21 October 2022
 Maturity Date:                                       21 October 2025
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 10 January, 10 April, 10 July and
                                                      10 October of each year until the Maturity Date, or if such
                                                      day is not a Business Day, the Business Day preceding
                                                      the Books Closed Period
 Books Closed Period:                                 11 January to 20 January, 11 April to 20 April, 11 July
                                                      to 20 July and 11 October to 20 October of each year
                                                      until the Maturity Date (all dates inclusive), or if any early
                                                      redemption occurs, 10 Days prior to the actual
                                                      Redemption Date
 Floating Interest Payment Date(s):                   21 January, 21 April, 21 July and 21 October of each
                                                      year until the Maturity Date or, if such day is not a
                                                      Business Day, the Business Day on which interest will be
                                                      paid, as determined in accordance with the Applicable
                                                      Business Day Convention, with the first Floating Interest
                                                      Payment Date being 21 January 2023
 International Securities Identification   Number     ZAG000190968
 (ISIN):
 Applicable Business Day Convention:                  Following Business Day
 Other:                                               The applicable pricing supplement (“APS”) does not
                                                      contain additional terms and conditions or changes to the
                                                      terms and conditions as contained in the Programme. The
                                                      APS is available on Northam’s website:
                                                      https://www.northam.co.za/downloads/send/96-
                                                      files/1488-applicable-pricing-supplement-nhm023-
                                                      execution


The Notes will be dematerialised in the Central Securities Depository (CSD) and settlement will take place
electronically in terms of the JSE rules.


Johannesburg
20 October 2022

            Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Programme
                                              One Capital




            Attorneys to Northam, the Arranger and the Dealer in respect of the Programme
                                         Bowman Gilfillan Inc.