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”) DEALINGS IN SECURITIES A. DEALING IN SECURITIES BY A NON-EXECUTIVE DIRECTOR 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 Non-Executive Director of ARM: Name of director Michael Arnold Category of director Non-executive Director Date of transactions 14 November 2022 Nature of transactions On-market sale of shares Class of securities Ordinary shares Number of securities 33 331 shares Selling price of securities 33 331 shares with a volume weighted average price of R291.4712 per share (with a low of R290.25 per share and a high of R293.00 per share). Total value of transactions R9 715 025 Nature of interest Direct, beneficial B. 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, 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 15 November 2022 Nature of transactions On-market sale of shares Class of securities Ordinary shares Number of securities 5 000 shares Selling price of securities 5 000 shares with a volume weighted average price of R290.6298 per share (with a low of R290.00 per share and a high of R291.97 per share Total value of transactions R1 453 149 Nature of interest Direct, beneficial 1 The requisite clearances 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 16 November 2022 Sponsor to ARM: Investec Bank Limited 2