African Rainbow Minerals Limited (Incorporated in the Republic of South Africa) (Registration Number 1933/004580/06) JSE Share code: ARI ISIN: ZAE000054045 (“ARM” or “the Company”) DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF ARM In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the JSE Limited (“the Listings Requirements”), we hereby provide the following information regarding dealings in ARM securities by a Director of ARM Mining Consortium Limited, a major subsidiary of the Company: Name of director Princess Sibusiso Thwala Category of director Director of ARM Mining Consortium Limited, a major subsidiary of ARM Date of transactions 7 and 9 November 2022 Nature of transactions On-market sale of shares Class of securities Ordinary shares Number of securities 2 292 shares sold on 7 November 2022; and 7 708 shares sold on 9 November 2022. Selling price of securities (a) 2 292 shares at R275.00 per share; and (b) 7 708 shares at R275.00 per share. Total value of transactions 2 292 shares sold for R630 300.00; and 7 708 shares sold for R2 119 700.00. The total value of the transactions was R2 750 000. Nature of interest Direct, beneficial The requisite clearance and approvals for these transactions were obtained in compliance with the securities dealing policies and procedures of ARM and paragraph 3.66 of the Listings Requirements. Sandton 11 November 2022 Sponsor to ARM: Investec Bank Limited 1