NORTHAM PLATINUM LIMITED
                                 Incorporated in the Republic of South Africa
                                    Registration number 1977/003282/06
                                           Debt issuer code: NHMI
                               Bond code: NHM021 Bond ISIN: ZAG000181496
                                                 (“Northam”)

                                 LISTING OF A TAP ISSUANCE – NHM021

The JSE Limited (“JSE”) has granted approval for the listing of a tap issuance of Senior Unsecured Floating Rate
Notes (“Notes”) under series NHM021 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 26 May 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 tap issuance of the NHM021 series are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR11 358 836 845 (inclusive of this issue of Notes)
 Instrument Code                                      NHM021
 Tranche Number:                                      3
 Nominal Amount:                                      ZAR250 000 000
 Issue Price:                                         100%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 425 bps per annum
 Interest Rate Determination Date(s):                 26 February, 26 May, 26 August and 26 November (or the
                                                      first Business Day of each Interest Period) of each year
                                                      until the Maturity Date
 Coupon Rate Indicator:                               Floating Rate
 Issue Date:                                          26 May 2022
 Interest Commencement Date:                          26 May 2022
 Maturity Date:                                       26 November 2026
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 15 February, 15 May, 15 August and
                                                      15 November 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:                                 16 February to 25 February, 16 May to 25 May, 16 August
                                                      to 25 August and 16 November to 25 November 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):                   26 February, 26 May, 26 August and 26 November 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
 International Securities Identification   Number     ZAG000181496
 (ISIN):
 Applicable Business Day Convention:                  Following Business Day
 Other:                                               The applicable pricing supplement (“APS”) does not
                                                      contain additional terms and conditions 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/1455-applicable-pricing-supplement-nhm021-
                                                      tranche-3-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
24 May 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.