Dealing in securities by an executive ROYAL BAFOKENG PLATINUM LIMITED (Incorporated in the Republic of South Africa) (Registration number 2008/015696/06) JSE share code: RBP ISIN: ZAE000149936 JSE bond code: RBPCB ISIN: ZAE000243853 ("RBPlat" or the "Company") DEALING IN SECURITIES BY AN EXECUTIVE In accordance with paragraph 3.63 of the JSE Limited Listings Requirements (“Listings Requirements”), security holders are advised of the following share dealings in RBPlat securities by an Executive of the Company: Name of the Executive: L Montshiwagae Date of transaction: 17 December 2020 Class of shares: Ordinary shares with par value of 0.01 cents each Nature of transaction: On market sale of ordinary shares Nature and extent of interest: Direct, beneficial Number of shares sold: 8 374 Price per share: R67.80 Total value of shares sold: R567 757.20 Prior clearance to deal in the Company’s shares was obtained in terms of the Company’s share dealing policy and in compliance with paragraph 3.66 of the Listings Requirements. Fourways, Johannesburg 18 December 2020 JSE Sponsor Merrill Lynch South Africa (Pty) Limited For further information, please contact: Lindiwe Montshiwagae Executive: Investor Relations and Corporate Communications Tel: +27 (0)10 590 4510 Email: lindiwe@bafokengplatinum.co.za or Lester Jooste Company Secretary Tel: +27 (0)10 590 4519 Email: lester@bafokengplatinum.co.za Date: 18-12-2020 04:55:00 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.