NewGold - Changes to the Board of Directors NEWGOLD ISSUER (RF) LIMITED (Incorporated in the Republic of South Africa) (Registration No. 2004/014119/06) ("NewGold" or the "Company") JSE Share code: GLD NSX Share code: NGNGLD ISIN code: ZAE000060067 ("NewGold ETF") JSE Share code: NGPLT NSX Share code: NGNPLT ISIN code: ZAE000177580 ("NewPlat ETF") JSE Share code: NGPLD NSX Share code: NGNPLD ISIN code: ZAE000182507 ("NewPall ETF") CHANGES TO THE BOARD OF DIRECTORS In accordance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the NewGold board ("Board") is pleased to inform debenture holders of the following changes to the Board with effect from 26 March 2024. Ms Palesa Mkhize has resigned as an executive director of the Board with effect from 26 March 2024. The Board wishes to thank Ms Mkhize for her service and contribution during her tenure. Mr James Robert Jackson has been appointed as an executive director of the Board with effect from 26 March 2024. Mr Jackson currently jointly heads up the Product Control function for Absa Corporate & Investment Bank ("CIB"), which incorporates CIB African Regional Operations ("ARO"), reporting into the Chief Financial Officer of CIB. In this capacity he manages the controls teams for Prime Services, Independent Valuation Control, Equities, Absa Capital Securities (CIB's institutional stockbroker), New Gold Issuer Company (an exchange traded fund ("ETF") provider and largest Gold ETF in Africa) as well as the Product Control Governance Team. NewGold welcomes Mr Jackson to the board and looks forward to his contribution to the Company. 26 March 2024 Sponsor Absa Bank Limited (acting through its Corporate and Investment Bank division) NSX Sponsor Cirrus Securities Date: 26-03-2024 11:22:00 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.