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 Busisiwe Rita Tshabalala Category of director Director of ARM Mining Consortium Limited, a major subsidiary of ARM Date of transaction 31 May 2023 Nature of transaction On-market sale of shares Class of securities Ordinary shares Number of securities 7 000 shares Selling price of securities Volume weighted average price of R203.0616 per share (with a low of R202.71 per share and a high of R 203.40 per share) Total value of transactions R1 421 430.93 Nature of interest Direct, beneficial The requisite clearance and approvals for this transaction were obtained in compliance with the securities dealing policies and procedures of ARM and paragraph 3.66 of the Listings Requirements. Sandton 2 June 2023 Sponsor to ARM: Investec Bank Limited 1