THUNGELA RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2021/303811/06
JSE Share Code: TGA
LSE Share Code: TGA
ISIN: ZAE000296554
Tax number: 9111917259
(‘Company’ or ‘Thungela Resources’)

DEALING IN SECURITIES BY A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following
information relating to the dealing in securities by a director of Thungela Resources is disclosed:

 Director                                           :   Kholeka Winifred Mzondeki
 Company                                            :   Thungela Resources
 Date of transaction                                :   29 June 2022
 Class of securities                                :   Thungela Resources ordinary shares
 Nature of transaction                              :   On-market acquisition of ordinary shares
 Number of securities                               :   780
 Purchase price per share                           :   24966 cents
 Total value of transaction                         :   R194,734.80
 Nature of interest                                 :   Direct, beneficial
 Clearance obtained                                 :   Yes

30 June 2022
Rosebank

UK Financial adviser and corporate broker
Liberum Capital Limited

Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

In compliance with article 19(3) of the Market Abuse Regulation (MAR), we hereby provide the following
information regarding the dealing in securities:

 1      Details of the person discharging managerial responsibilities / person closely associated
 a)     Name                                Kholeka Winifred Mzondeki
 2      Reason for the notification
 a)     Position/status                     PDMR – Non Executive Director
 b)     Initial notification /Amendment Initial notification
 3      Details of the issuer, emission allowance market participant, auction platform,
        auctioneer or auction monitor
 a)     Name                                Thungela Resources Limited
 b)     LEI                                 213800EGYK3BN3SRIF27
4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
     each type of transaction; (iii) each date; and (iv) each place where transactions have been
     conducted
a)   Description of the financial        Ordinary shares of no par value
     instrument, type of instrument
     Identification code                 ISIN: ZAE000296554
b)   Nature of the transaction           On-market acquisition of ordinary shares
c)   Price(s) and volume(s)
                                            Price(s)                 Volume(s)
                                            R249.66                  780

d)   Aggregated information
     - Aggregated volume               780
     - Price                           R194,734.80
e)   Date of the transaction           29 June 2022
f)   Place of the transaction          On market