EXXARO RESOURCES LIMITED - Exxaro - Dealings by associate of the CEO and the CEO in Exxaro shares

Exxaro - Dealings by associate of the CEO and the CEO in Exxaro shares

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN code: ZAE000084992
ADR code: EXXAY
Bond Code: EXX04
ISIN No: ZAG000160326
Bond Code: EXX05
ISIN No: ZAG000160334
(Exxaro)

DEALINGS BY ASSOCIATE OF THE CHIEF EXECUTIVE OFFICER OF EXXARO IN
EXXARO SHARES

In terms of clauses 3.63 to 3.65 of the JSE Listings Requirements, notice is hereby given
that the Chief Executive Officer (CEO) of Exxaro and an associate of the CEO have sold
Exxaro shares. The CEO was given clearance to deal in terms of 3.66 of the JSE Listings
Requirements.

Name:                                MDM Mgojo
Director and CEO:                    Exxaro Resources Limited
Date of transaction:                 7 May 2021
Class of securities:                 Ordinary
Nature of transaction:               On-market sale of shares by associate
Nature of interest:                  Direct beneficial
Number of shares:                    293,610
Sale price per share:                R163.072
Total value of transaction:          R47,879,569.92

Name:                                MDM Mgojo
Director and CEO:                    Exxaro Resources Limited
Name of associate                    Tenugain (Pty) Ltd
Relationship                         Director and shareholder
Date of transaction:                 7 May 2021
Class of securities:                 Ordinary
Nature of transaction:               On-market sale of shares by associate
Nature of interest:                  Indirect beneficial
Number of shares:                    82,278
Sale price per share:                R163.072
Total value of transaction:          R13,417,238.01

The transaction is a result of the diversification of Mr Mgojo’s personal portfolio however
he still remains fully committed to Exxaro through his shareholding in Dynamo Holdings
as part of the BEE structure.

AK MARé on behalf of Inlexso Proprietary Limited
ACTING GROUP COMPANY SECRETARY

10 May 2021
Lead Equity and Debt Sponsor            Joint Equity Sponsor
Absa Corporate and Investment Bank, a   Tamela Holdings Proprietary Limited
division of Absa Bank Limited

Date: 10-05-2021 03:07:00
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