NORTHAM PLATINUM HOLDINGS LIMITED                                    NORTHAM PLATINUM LIMITED
    Incorporated in the Republic of South Africa                   Incorporated in the Republic of South Africa
       Registration number: 2020/905346/06                            Registration number: 1977/003282/06
       Share code: NPH ISIN: ZAE000298253                                    Debt issuer code: NHMI
(“Northam Holdings” or, together with its subsidiaries,        Bond code: NHM012        Bond ISIN: ZAG000160136
                    the “Group”)                               Bond code: NHM015        Bond ISIN: ZAG000164922
                                                               Bond code: NHM016        Bond ISIN: ZAG000167750
                                                               Bond code: NHM018        Bond ISIN: ZAG000168097
                                                               Bond code: NHM019        Bond ISIN: ZAG000168105
                                                               Bond code: NHM020        Bond ISIN: ZAG000172594
                                                               Bond code: NHM021        Bond ISIN: ZAG000181496
                                                                                   (“Northam”)


       NEW R2.06 BILLION DOMESTIC MEDIUM TERM NOTE PLACEMENT AND EXTENSION TO THE
       MATURITY OF R1.17 BILLION OF DOMESTIC MEDIUM TERM NOTES UNDER THE R15 BILLION
                           DOMESTIC MEDIUM TERM NOTE PROGRAMME

  The Group is pleased to announce that it has completed a private placement of new domestic medium term notes
  (“Notes”) to the value of c. R2.06 billion under Northam’s R15 billion Domestic Medium Term Note Programme,
  as amended and/or supplemented from time to time (“Programme”) and has effectively extended the maturity of
  the nominal amount of certain Notes to the value of c. R1.17 billion by in excess of 2 years (collectively, the
  “Tap Issuances”).


  The aggregate placements pursuant to the Tap Issuances amount to R3.23 billion, with c. R1.34 billion,
  c. R1.64 billion and R250 million placed on 19 April 2022, 26 April 2022 and 26 May 2022, respectively, which
  placements were largely aligned with the maturity dates of Notes under bond series NHM007, NHM009 and
  NHM011.


  Following the Tap Issuances, the total nominal value of Notes in issue under the Programme amounts to
  c. R11.36 billion. R102 million of Notes will mature during the current financial year, with the remainder of
  maturities spread across calendar years 2023 to 2026.


  Paul Dunne, Northam’s Chief Executive Officer said, “Northam is grateful for the continued support shown to
  it by the participants in the Programme. The R3.23 billion combination of new investment and the extension of
  maturities, allows Northam to maintain its preferred level of gearing in the medium term.”

  Johannesburg
  26 May 2022
Corporate Advisor and JSE Sponsor to           Sole Arranger and Dealer to Northam in
          Northam Holdings                           respect of the Programme
             One Capital                                    One Capital




Corporate Advisor and Debt Sponsor to       Attorneys to Northam and Northam Holdings
              Northam                                     Webber Wentzel
             One Capital




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