Results of general meeting Pan African Resources PLC Pan African Resources Funding Company (Incorporated and registered in England and Wales Limited under Companies Act 1985 with registered Incorporated in the Republic of South Africa number 3937466 on 25 February 2000) with limited liability Share code on AIM: PAF Registration number: 2012/021237/06 Share code on JSE: PAN Alpha code: PARI ISIN: GB0004300496 ADR code: PAFRY ("Pan African" or "the Company" or "the Group") RESULTS OF GENERAL MEETING 1. RESULTS OF GENERAL MEETING Pan African shareholders (Shareholders) are advised that at the general meeting (GM) of Shareholders held on Monday, 10 June 2024, the special resolution, as set out in the notice of GM dated 24 May 2024, was approved by the requisite majority of Shareholders present or represented by proxy. The total number of Pan African ordinary shares (Shares) eligible to vote at the GM is 1,507,194,407 (being the entire issued share capital of the Company less the 14,488,695 Shares in which the directors of the Company are interested and a total of 701,178,944 Shares held by "substantial shareholders" (as defined in the AIM Rules for Companies))(Eligible Shares). The resolution proposed at the GM, together with the percentage of shares abstained, as well as the percentage of votes carried for and against, was as follows: Resolution 1: To approve the cancellation of the Company's share premium account and associated matters. Shares Voted Abstained For Against 1,225,061,675 9,127,743 1,224,973,635 88,040 81.28% 0.61% 99.99% 0.01% Notes • Percentages of shares voted are calculated in relation to the Eligible Shares. • Percentages of shares voted for and against each resolution are calculated in relation to the total number of shares voted in respect of each resolution. • Abstentions are calculated as a percentage in relation to the Eligible Shares. Johannesburg 10 June 2024 Corporate information Corporate office Registered office The Firs Building 2nd Floor 2nd Floor, Office 204 107 Cheapside Cnr. Cradock and Biermann Avenues London Rosebank, Johannesburg EC2V 6DN South Africa United Kingdom Office: + 27 (0)11 243 2900 Office: + 44 (0)20 7796 8644 info@paf.co.za info@paf.co.za Chief executive officer Financial director and debt officer Cobus Loots Deon Louw Office: + 27 (0)11 243 2900 Office: + 27 (0)11 243 2900 Head: Investor relations Website: www.panafricanresources.com Hethen Hira Tel: + 27 (0)11 243 2900 E-mail: hhira@paf.co.za Company secretary Nominated adviser and joint broker Jane Kirton Ross Allister/Georgia Langoulant St James's Corporate Services Limited Peel Hunt LLP Office: + 44 (0)20 7796 8644 Office: +44 (0)20 7418 8900 JSE Sponsor and JSE debt sponsor Joint broker Ciska Kloppers Thomas Rider/Nick Macann Questco Corporate Advisory Proprietary Limited BMO Capital Markets Limited Office: + 27 (0)11 011 9200 Office: +44 (0)20 7236 1010 Joint broker Matthew Armitt/Jennifer Lee Joh. Berenberg, Gossler & Co KG Office: +44 (0)20 3207 7800 Date: 10-06-2024 04:00:00 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.