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SIBANYE STILLWATER LIMITED - Change in Auditor for the 2025 Financial reporting period

Release Date: 19/12/2024 11:00
Code(s): SSW     PDF:  
Wrap Text
Change in Auditor for the 2025 Financial reporting period

Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
("Sibanye-Stillwater" or the "Group" or the "Company")
Website: www.sibanyestillwater.com

Change in Auditor for the 2025 Financial reporting period

Johannesburg, 19 December 2024: In terms of paragraph 3.84 (g) (ii) and 3.86 of the JSE
Listings Requirements, the Board of Directors of Sibanye-Stillwater (JSE: SSW and NYSE: SBSW),
following a recommendation from the Audit Committee, wishes to inform Shareholders that
after a formal tender process to appoint a new firm of external auditors, that BDO South
Africa Inc.(BDO) has been appointed as the Company's external auditors. Servaas Kranhold
will be the designated audit partner for the financial year ending 31 December 2025.

The appointment of Ernst & Young Inc. South Africa ("EY") as external auditors will end
on conclusion of its responsibilities relating to the audit for the financial year ending
31 December 2024, which is expected to be concluded during the first half of 2025. BDO's
appointment as external auditors will be effective immediately after EY's appointment
ends, subject to receiving the requisite shareholder approval at the next annual general
meeting which is expected to be held during May 2025. The change of external auditors was
initiated by Sibanye-Stillwater for commercial reasons.

The Company thanks EY for their contribution over the years and looks forward to working
with BDO.

Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Executive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com

Sponsor: J.P. Morgan Equities South Africa Proprietary Limited


FORWARD LOOKING STATEMENTS

This announcement contains forward-looking statements within the meaning of the "safe harbour" provisions of the United States Private Securities
Litigation Reform Act of 1995. All statements other than statements of historical fact included in this presentation may be forward-looking statements.
Forward-looking statements may be identified by the use of words such as "will", "would", "expect", "forecast", "potential", "may", "could" "believe",
"aim", "anticipate", "target", "estimate" and words of similar meaning.

These forward-looking statements, including among others, those relating to Sibanye Stillwater Limited's (Sibanye-Stillwater or the Group) future financial
position, business strategies, business prospects, industry forecasts, production and operational guidance, climate and ESG-related targets and metrics,
and plans and objectives for future operations, project finance and the completion or successful integration of acquisitions, are necessarily estimates
reflecting the best judgement of Sibanye-Stillwater's senior management. Readers are cautioned not to place undue reliance on such statements.
Forward-looking statements involve a number of known and unknown risks, uncertainties and other factors, many of which are difficult to predict and
generally beyond the control of Sibanye-Stillwater that could cause its actual results and outcomes to be materially different from historical results or
from any future results expressed or implied by such forward-looking statements. As a consequence, these forward-looking statements should be
considered in light of various important factors, including those set forth in Sibanye-Stillwater's 2023 Integrated Report and annual report on Form 20-F
filed with the Securities and Exchange Commission (SEC) on 26 April 2024 (SEC File no. 333-234096). These forward-looking statements speak only as of
the date of this presentation. Sibanye-Stillwater expressly disclaims any obligation or undertaking to update or revise any forward-looking statement
(except to the extent legally required). Any forward-looking statement contained in this announcement has not been reviewed and reported on by
Sibanye-Stillwater's external auditors.

Websites
References in this announcement to information on websites (and/or social media sites) are included as an aid to their location and such information
is not incorporated in, and does not form part of, this announcement.

Date: 19-12-2024 11:00:00
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