Sharenet Sites 
Sharenet Sites
Northam’s Zondereinde mine concludes a five-year wage agreement
NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
Debt issuer code: NHMI
Bond code: NHM007 Bond ISIN: ZAG000158593
Bond code: NHM009 Bond ISIN: ZAG000158866
Bond code: NHM011 Bond ISIN: ZAG000159237
Bond code: NHM012 Bond ISIN: ZAG000160136
Bond code: NHM014 Bond ISIN: ZAG000163650
Bond code: NHM015 Bond ISIN: ZAG000164922
Bond code: NHM016 Bond ISIN: ZAG000167750
Bond code: NHM018 Bond ISIN: ZAG000168097
Bond code: NHM019 Bond ISIN: ZAG000168105
Bond code: NHM020 Bond ISIN: ZAG000172594
(“Northam”)
Northam’s Zondereinde mine concludes a five-year wage agreement
Northam is pleased to advise that wage negotiations at its Zondereinde mine (“Zondereinde”) with the
representative union, the National Union of Mineworkers (“NUM”), have been concluded.
The wage agreement is effective from 1 July 2021 and assures Zondereinde employees of increases
to all major components of remuneration over the next five years. The agreement is aligned with industry
settlements and takes into consideration the reality of inflationary pressures faced by our employees.
The wage agreement secures five years of stability at Zondereinde and has been achieved through a
collaborative, respectful and constructive engagement process between Northam and NUM, without
requiring intervention or mediation by third parties. The agreement provides both Northam and our
Zondereinde employees with certainty and allows a singular focus on the pursuit of safe and sustainable
production.
Paul Dunne, Northam’s chief executive officer, said: “We appreciate the mature and constructive
manner in which the wage agreement has been concluded and recognise the positive impact on the
sustainability of Northam’s operations.”
Johannesburg
12 August 2021
Sponsor and Debt Sponsor
One Capital
Date: 12-08-2021 09:11:00
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.
