Release of Securities from Escrow Southern Palladium Limited Incorporated in the Commonwealth of Australia Australian Company Number 646 391 899 ASX share code: SPD JSE share code: SDL ISIN AU0000220808 Release of Securities from Escrow On 31 May 2024 Southern Palladium Limited (ASX:SPD and JSE:SDL) ) ('Southern Palladium' or 'the Company') advised that 46,671,673 fully paid ordinary shares classified by the ASX as restricted securities were to be released from escrow on 8 June 2024 following a 24 month escrow period. Further to the above, the Company also wishes to advise in accordance with ASX Listing Rule 3.10A that the following securities, which were also classified by the ASX as restricted securities and subject to a 24 month escrow period, will be released from escrow on 21 June 2024: Options: Expiring 8 June 2026, Ex Price $0.875: 3,700,000 Performance Rights: Lapse 8 June2028, Initial Reserve Milestone: 1,200,000 This announcement has been authorised by the Managing Director. For further information, please contact: Johan Odendaal Managing Director Southern Palladium Phone: +27 82 557 6088 Email: johan.odendaal@southernpalladium.com 14 June 2024 JSE Sponsor Merchantec Capital Media & investor relations inquiries: Sam Jacobs, Six Degrees Investor Relations: +61 423 755 909 Follow @SouthernPalladium on Twitter Follow Southern Palladium on LinkedIn Date: 14-06-2024 12:55:00 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.