African Rainbow Minerals (JSE:ARI) News - Renewal of cautionary announcement 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”) RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement released by ARM on SENS on 28 October 2021. Shareholders are advised that discussions regarding the potential acquisition of Bokoni Platinum Mine (“the Transaction”) are still ongoing which, if successfully concluded, may have a material effect on the price of the Company’s securities. There is no certainty that the Transaction will be concluded. Accordingly, shareholders are advised to continue exercising caution when dealing in ARM’s securities until a further announcement is made. ENDS For all queries, please contact: Jongisa Magagula Executive director: Investor relations and new business development Telephone: +27 11 779 1507 Mobile: +27 82 562 5288 Email: jongisa.magagula@arm.co.za Sandton 9 December 2021 Sponsor: Investec Bank Limited Date: 09-12-2021 04:32:00 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.