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DRDGOLD:  5,115   +52 (+1.03%)  18/12/2025 19:14

DRDGOLD LIMITED - Strike action at DRDGOLD's ERGO operations suspended

Release Date: 18/12/2025 08:54
Code(s): DRD     PDF:  
Wrap Text
Strike action at DRDGOLD's ERGO operations suspended

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1895/000926/06)
ISIN: ZAE000058723
JSE & A2X share code: DRD
NYSE trading symbol: DRD
("DRDGOLD" or the "Company")


STRIKE ACTION AT DRDGOLD'S ERGO OPERATIONS SUSPENDED

DRDGOLD shareholders ("Shareholders") are referred to the announcement published on SENS on
Wednesday, 17 December 2025 ("Announcement") wherein Shareholders were advised that the Company
had received 48 hours' notice from the National Union of Mineworkers ("NUM") and the Association of
Mineworkers and Construction Union ("AMCU") indicating their members' intention to embark on protected
strike action from Thursday, 18 December 2025 ("Notice"), at the Company's Ergo Mining (Proprietary)
Limited ("ERGO") operations.

Shareholders are hereby advised that following the issuance of the Notice, the NUM and AMCU notified the
Company late in the day yesterday, 17 December 2025, that the intended strike action has, at this stage, been
suspended. The strike had been scheduled to start with the morning shift today, 18 December 2025.

The dispute relating to wages and profit share remains unresolved.

As communicated in the Announcement, the United Association of South Africa accepted and signed the wage
agreement on behalf of its members on Friday, 12 December 2025.

DRDGOLD reiterates that its offer is fair, competitive and sustainable. The offer delivers meaningful
improvements to employee remuneration, is well above current inflation, aligned with recent wage agreements
concluded in the gold sector, and preserves the Company's ability to reinvest in the long-term sustainability
of the ERGO operations.

The Company remains open to further engagement and encourages a resolution that avoids unnecessary
financial harm to employees and disruption to operations.

As at the date of this announcement, operations at ERGO continue uninterrupted.

For any queries contact:
Memory Johnstone
Memory@thirdactconsultants.com
+27 82 719 3081

James Duncan
james@jmdwrite.com
+27 79 336 4010

Johannesburg
18 December 2025

Sponsor
One Capital

Date: 18-12-2025 08:54:00
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