Exxaro Resources Limited (JSE:EXX) News - EXX: Share Transactions

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
Bond Code: EXX04
ISIN No: ZAG000160326
Bond Code: EXX05
ISIN No: ZAG000160334
(Exxaro)


SHARE TRANSACTIONS

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that the Chief Executive Officer delegate of Exxaro Resources Limited exercised pledged
and matching awards vested and released in terms of the Deferred Bonus Plan Scheme (DBP
Scheme), after having received clearance to do so in terms of paragraph 3.66 of the JSE
Limited Listings Requirements.

Class of shares:                              Ordinary
Nature of transaction:                        Exercise of pledged and matching
                                              awards vested and released in terms of
                                              the DBP Scheme
Nature of interest:                           Direct Beneficial
Date of transaction:                          24 March 2022
DBP vesting date:                             15 March 2022
Vesting period:                               3 years
Date on which shares became tradable:         15 March 2022
VWAP on date of vesting                       R209.58
Highest trading price of previous day         R218.25
Lowest trading price of previous day          R218.25

Name:                                         Dr N Tsengwa
Position:                                     Chief Executive Officer delegate: Exxaro
                                              Resources Limited
Pledged shares vested, released and           489
transferred to personal portfolio
Strike price per pledged shares               R173.09
Value of pledged shares                       R84,641.01
Matching shares vested and transferred to     536
personal portfolio
Value of matching shares                      R112,334.88

Given that this was an exercise of pledged shares, no on- or off-market trades took place.


A NDONI
GROUP COMPANY SECRETARY

25 March 2022
Lead Equity and Debt Sponsor            Joint Equity Sponsor
Absa Corporate and Investment Bank, a   Tamela Holdings Proprietary Limited
division of Absa Bank Limited

Date: 25-03-2022 12:45:00
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