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 a Prescribed Officer 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:                           22 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          R213.24
Lowest trading price of previous day           R213.24

Name:                                          Mrs V Balgobind
Position:                                      Prescribed Officer: Exxaro Resources Limited
Pledged shares vested, released and            331
transferred to personal portfolio
Strike price per pledged shares                R176.04
Value of pledged shares                        R58,269.24
Matching shares vested and transferred to      363
personal portfolio
Value of matching shares                       R76,077.54

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


A NDONI
GROUP COMPANY SECRETARY

23 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: 23-03-2022 02:59:00
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