WESIZWE PLATINUM LIMITED - Operational update: conclusion of agreements with recognised trade unions

Operational update: conclusion of agreements with recognised trade unions

WESIZWE PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2003/020161/06)
Share code: WEZ
ISIN: ZAE000075859
("Wesizwe" or the "Company")


OPERATIONAL UPDATE: CONCLUSION OF AGREEMENTS WITH RECOGNISED
TRADE UNIONS

Shareholders are referred to the various announcements released on the Johannesburg
Stock Exchange News Service, the last of which was published on 26 June 2026, relating to
the phased restart of operations ("Restart of Operations") at the Bakubung Platinum Mine
("BPM"), which was subject to concluding agreements with recognised trade unions and
employee representatives.

The Company is pleased to advise shareholders that negotiations have successfully
concluded, securing agreements with all recognised labour representatives at BPM:
   • Association of Mineworkers and Construction Union: A Memorandum of Agreement
     ("MoA") was signed on 16 July 2026.
   • Non-Bargaining Unit: A MoA was signed on 26 June 2026.
   • National Union of Mineworkers: Operations continue to be guided by the existing
     Peace Agreement signed on 21 February 2024, which remains fully in force.

PROGRESSION OF THE RESTART

The structured and phased Restart of Operations is proceeding. Management remains
focused on a safe, responsible, and compliant return to full capacity, prioritising employee
health and safety and adhering strictly to the Mine Health and Safety Act.

The Company will keep shareholders informed of any material developments.


Johannesburg

17 July 2026

Sponsor
PSG Capital

Date: 17-07-2026 04:00:00
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