Condensed reviewed interim financial results for the six months ended 31 December 2023 and cash dividend declaration NORTHAM PLATINUM HOLDINGS LIMITED NORTHAM PLATINUM LIMITED Incorporated in the Republic of South Africa Incorporated in the Republic of South Africa Registration number: 2020/905346/06 Registration number: 1977/003282/06 Share code: NPH ISIN: ZAE000298253 Debt issuer code: NHMI ("Northam Holdings" or the "company", together with its Bond code: NHM015 Bond ISIN: ZAG000164922 subsidiaries, "Northam" or the "group") Bond code: NHM016 Bond ISIN: ZAG000167750 Bond code: NHM019 Bond ISIN: ZAG000168105 Bond code: NHM021 Bond ISIN: ZAG000181496 Bond code: NHM022 Bond ISIN: ZAG000190133 Bond code: NHM023 Bond ISIN: ZAG000190968 Bond code: NHM024 Bond ISIN: ZAG000195926 Bond code: NHM025 Bond ISIN: ZAG000195934 Bond code: NHM026 Bond ISIN: ZAG000195942 ("Northam Platinum") CONDENSED REVIEWED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023 AND CASH DIVIDEND DECLARATION Shareholders of Northam Holdings ("Shareholders") are advised that the company has, today, published its condensed reviewed interim financial results for the six months ended 31 December 2023 ("Interim Results"). Financial results overview Six months ended Six months ended 31 December 2023 31 December 2022 Variance Sales revenue R000 14 994 577 20 119 026 (25.5%) Operating profit R000 2 417 200 9 066 564 (73.3%) Operating profit margin % 16.1 45.1 (64.3%) Earnings per share cents 136.5 1 596.2 (91.4%) Headline earnings per share cents 121.4 1 608.5 (92.5%) Dividends per share cents 100.0 - 100.0% EBITDA* R000 3 170 829 9 953 810 (68.1%) EBITDA margin % 21.1 49.5 (57.4%) * Earnings before interest, taxation, depreciation and amortisation, and excluding losses on the sale of the Impala Platinum Holdings Limited shares Cash dividend declaration For the six months ended 31 December 2023, the board of directors ("board") has resolved to declare and pay an interim gross cash dividend of 100.0 cents per share (31 December 2022: Nil cents per share and for 30 June 2023: 600.0 cents per share), which in aggregate amounts to an interim gross cash dividend of approximately R396.2 million. The interim gross cash dividend has been declared from income reserves. A dividend withholding tax of 20% will be applicable to Shareholders who are not exempt from, or who do not qualify for, a reduced rate of dividend withholding tax. Accordingly, for those Shareholders subject to dividend withholding tax at a rate of 20%, the final net cash dividend will amount to 80.0 cents per share (31 December 2022: Nil cents per share and 30 June 2023: 480.0 cents per share). The following dates are applicable to the interim dividend: Last day to trade (cum dividend), on Monday, 18 March 2024 Trading ex-dividend, on Tuesday, 19 March 2024 Record date to determine which Shareholders are eligible to receive the dividend, on Friday, 22 March 2024 Payment date of the dividend, on Monday, 25 March 2024 Shareholders may not dematerialise or rematerialise their Northam Holdings shares between Tuesday, 19 March 2024 and Friday, 22 March 2024, both days inclusive. The following additional information is disclosed regarding the interim dividend: • Northam Holdings' issued share capital as at the date of this announcement is 396 238 229 ordinary shares (of which 1 share is held by Northam Platinum, a subsidiary of Northam Holdings) • Northam Holdings' registration number is 2020/905346/06 • Northam Holdings' income tax reference number is 9586451198 About this announcement This announcement is the responsibility of the board and contains information extracted from the Interim Results. As the information in this announcement does not provide all of the details, any investment decisions should be based on the published condensed reviewed interim financial results for the six months ended 31 December 2023 (which incorporates the external auditor's report in which PricewaterhouseCoopers Incorporated expressed an unmodified review conclusion) accessible via the JSE cloudlink at: https://senspdf.jse.co.za/documents/2024/JSE/ISSE/NPHE/Interims24.pdf and on the company's website at: https://www.northam.co.za/component/jdownloads/?task=download.send&id=1545&catid=180&m=0&Itemid=347. Johannesburg 1 March 2024 Corporate Advisor and Sponsor to Northam Holdings One Capital Corporate Advisor and Debt Sponsor to Northam Platinum One Capital Date: 01-03-2024 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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