Trading Statement MANTENGU MINING LIMITED Incorporated in the Republic of South Africa (Registration number: 1987/004821/06) Share code: MTU ISIN: ZAE000320347 ("Mantengu" or "the Company") TRADING STATEMENT In terms of paragraph 3.4(b) of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. Accordingly, a review by management of the financial results for the year ended 29 February 2024 has indicated that: - the earnings per share is expected to be between 0 cent and 1 cent, reflecting an improvement of between 100% and 108% compared to the loss of 12 cents for the year ended 28 February 2023; and - the headline earnings per share is expected to be between 0 cent and 1 cent, reflecting an improvement of between 100% and 108% compared to the headline loss of 12 cents for the year ended 28 February 2023. The financial information on which this trading statement is based has not been reviewed or reported on by the Company's auditors. Mantengu's financial results are expected to be released on SENS on or about 29 May 2024. Johannesburg 4 April 2024 Designated Adviser Merchantec Capital Date: 04-04-2024 12:25:00 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.