South32 Limited (JSE:S32) News - South32 Closes US$700m of Senior Notes Offering South32 Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32; ADR: SOUHY ISIN: AU000000S320 south32.net SOUTH32 CLOSES US$700M OF SENIOR NOTES OFFERING South32 Limited (ASX / LSE / JSE: S32; ADR: SOUHY) (South32) is pleased to announce the closing of the previously announced offering of US$700M Senior Unsecured Notes due 2032 (the “Notes”) by its wholly-owned subsidiary, South32 Treasury Limited, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the United States Securities Act of 1933, as amended (the “Securities Act”), and to certain persons outside the United States in offshore transactions in reliance on Regulation S under the Securities Act. The cash proceeds from the offering, together with cash on hand, will be used to repay in full amounts drawn down under South32’s acquisition bridge facility to partially fund the acquisition of a 45% interest in Sierra Gorda. The Notes are guaranteed by South32 and certain other wholly-owned subsidiaries of South32. Disclaimer This announcement does not constitute an offer to sell, or the solicitation of any offer to buy, the Notes or any other securities. Any offer of the Notes will be made only by means of a private offering memorandum. The Notes are not being registered under the Securities Act nor the securities laws of Australia nor any other jurisdiction. The Notes may not be offered nor sold in the United States without registration under the Securities Act or an applicable exemption from such registration requirements. This announcement includes “forward-looking statements” within the meaning of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements inherently involve known and unknown risks and uncertainties. South32 provides no assurance that the forward-looking statements contained herein will prove accurate. No undue reliance should be placed on any forward-looking statements. About us South32 is a globally diversified mining and metals company. Our purpose is to make a difference by developing natural resources, improving people’s lives now and for generations to come. We are trusted by our owners and partners to realise the potential of their resources. We produce commodities including bauxite, alumina, aluminium, copper, silver, lead, zinc, nickel, metallurgical coal and manganese from our operations in Australia, Southern Africa and South America. With a focus on growing our base metals exposure, we also have two development options in North America and several partnerships with junior explorers around the world. Registered Office Level 35 108 St Georges Terrace Perth WA 6000 Australia ABN 84 093 732 597 Registered in Australia Investor Relations Alex Volante Tom Gallop T +61 8 9324 9029 T +61 8 9324 9030 M +61 403 328 408 M +61 439 353 948 E Alex.Volante@south32.net E Tom.Gallop@south32.net Media Relations Jamie Macdonald Miles Godfrey T +61 8 9324 9000 T +61 8 9324 9000 M +61 408 925 140 M +61 415 325 906 E Jamie.Macdonald@south32.net E Miles.Godfrey@south32.net Further information on South32 can be found at www.south32.net. Approved for release to the market by Graham Kerr, Chief Executive Officer JSE Sponsor: The Standard Bank of South Africa Limited 14 April 2022 Date: 14-04-2022 04:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.