[OFFICIAL]




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
(‘Company’ or ‘Thungela Resources’)

DEALING IN SECURITIES BY AN ASSOCIATE OF A PRESCRIBED OFFICER

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

 Prescribed officer                                   :   Johan van Schalkwyk
 Company                                              :   Thungela Resources
 Name of associate                                    :   Melanie van Schalkwyk
 Relationship to the prescribed officer                   Spouse
 Date of transaction                                  :   3 June 2025
 Class of securities                                  :   Thungela Resources ordinary shares
 Nature of transaction                                :   On-market sale of ordinary shares
 Number of securities                                 :   996
 Sale price per share                                 :   R91.72
 Total value of transaction                               R91,353.12
 Nature of interest                                       Dealing by associate


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

UK Financial adviser and corporate broker
Panmure Liberum Capital Limited

Johannesburg
5 June 2025

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                              Melanie van Schalkwyk
 2       Reason for the notification
 a)      Position/status                    Spouse of PDMR – Prescribed Officer
 b)      Initial notification /Amendment    Initial notification
 3       Details of the issuer, emission allowance market participant, auction platform,
         auctioneer or auction monitor
                                                                                                   [OFFICIAL]




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         Sale of shares
c)   Price(s) and volume(s)
                                         Price(s)                 Volume(s)
                                         R91.72                   279

d)   Aggregated information
     - Aggregated volume               279
     - Price                           R25,589.88
e)   Date of the transaction           3 June 2025
f)   Place of the transaction          On market

1    Details of the person discharging managerial responsibilities / person closely associated
a)   Name                              Melanie van Schalkwyk
2    Reason for the notification
a)   Position/status                   Spouse of PDMR – Prescribed Officer
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           Sale of shares
c)   Price(s) and volume(s)
                                            Price(s)                 Volume(s)
                                            R91.72                   717

     Aggregated information
                                              [OFFICIAL]




d)   - Aggregated volume        717
     - Price                    R65,763.24

e)   Date of the transaction    3 June 2025
f)   Place of the transaction   On market