EXXARO RESOURCES LIMITED - Reviewed Interim Financial Results for the six months period ended 30 June 2024 and Interim Dividend Declaration

Reviewed Interim Financial Results for the six months period ended 30 June 2024 and Interim Dividend Declaration

Exxaro Resources Limited
Registration number: 2000/011076/06
JSE share code: EXX
ISIN: ZAE000084992
ADR code: EXXAY
Bond Issuer code: EXXI
("Exxaro" or the "Company")


REVIEWED INTERIM FINANCIAL RESULTS FOR THE SIX-MONTH PERIOD ENDED
30 JUNE 2024(1) AND INTERIM DIVIDEND DECLARATION

Revenue of R19.0 billion, up 1% from R18.9 billion

Profit(2) of R3.7 billion, down 41% from R6.3 billion

Attributable earnings of 1 523 cents per share, down 38% from
2 440 cents per share

Headline earnings of 1 528 cents per share, down 37% from 2 443
cents per share

Interim dividend of 796 cents per share, down 347 cents per share
from 1 143 cents per share

(1)   Compared to the six-month period ended 30 June 2023.
(2) Net   operating profit.

Exxaro, a large South African-based diversified resources group, with interests in the coal, energy and
ferrous markets released its financial results for the six-month period ended 30 June 2024.
This short-form announcement is the responsibility of the directors and is a summary of the reviewed
interim results for the six-month period ended 30 June 2024 and does not contain full or complete
details.

The full reviewed interim results should be considered for any investment decisions. The full reviewed
interim results for the six-month period ended 30 June 2024 have been released on the Stock Exchange
News Service of the JSE Limited and are available through the following JSE cloudlink and the Exxaro
weblink:
https://senspdf.jse.co.za/documents/2024/jse/isse/EXX/Interim24.pdf
https://exxaro-site-staging.azurewebsites.net/investor-centre/financial-results/?year=2024#filter

This announcement is itself not reviewed or audited but is extracted from the underlying reviewed
information. The full interim results for the six-month period ended 30 June 2024 have been reviewed
by the Company's auditors, KPMG Inc, who issued an unmodified review opinion thereon.

Notice of interim cash dividend

At the Board of directors meeting on 13 August 2024, the directors approved a gross interim dividend
of 796 cents per share (interim ordinary dividend). The interim ordinary dividend is payable on
7 October 2024 to shareholders who will be on the register on 4 October 2024. The interim ordinary
dividend was declared from profits generated during the six-month period ended 30 June 2024 and has
been declared from income reserves. The interim ordinary dividend is subject to dividend withholding
tax at a rate of 20% for all shareholders who are not exempt from or do not qualify for a reduced rate of
dividend withholding tax (net local ordinary dividend amounts to 636.80000 cents per share).

Salient dates for the payment of the interim ordinary dividend are:
Last day to trade cum dividend on the JSE                                Tuesday, 1 October 2024
First trading day ex dividend on the JSE                               Wednesday, 2 October 2024
Record date                                                               Friday, 4 October 2024
Payment date                                                              Monday, 7 October 2024

No share certificates may be dematerialised or re-materialised between Wednesday, 2 October 2024
and Friday, 4 October 2024, both days inclusive.

The number of ordinary shares in issue as at the date of this declaration is 349 305 092. Exxaro's
company tax reference number is 9218/098/14/4


By order of the board
Mvuleni Geoff Qhena
Chairman
15 August 2024

 Executive directors                                 Registered office
 N Tsengwa (chief executive officer)                 Exxaro Resources Limited
 PA Koppeschaar (finance director)                   The conneXXion
                                                     263B West Avenue
 Non-executive directors                             Die Hoewes, Centurion,
 VZ Mntambo                                          0157
 IN Malevu
 MLB Msimang                                         www. exxaro.com

 Independent non-executive directors                 Lead equity sponsor and debt sponsor
 MG Qhena (chairperson)                              Absa Bank Limited (acting through its Corporate and
 GJ Fraser-Moleketi (lead independent director)      Investment Banking Division)
 CJ Nxumalo
 PCCH Snyders                                        Joint equity sponsor
 P Mnganga                                           Tamela Holdings Proprietary Limited
 KM Ireton
 B Mawasha                                           Group company secretary
 B Magara                                            M Nana
 N Medupe
 N Molope                                            Transfer secretaries
                                                     JSE Investor Services Proprietary Limited
                                                     One Exchange Square, Gwen Lane
                                                     Sandown, Sandton,
                                                     2196

Date: 15-08-2024 07:05:00
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