THUNGELA RESOURCES LIMITED - Confirmation of treasury shares held

Confirmation of treasury shares held

THUNGELA RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2021/303811/06)
JSE Share Code: TGA
LSE Share Code: TGA
ISIN: ZAE000296554
Tax number: 9111917259
('Thungela' or the 'Company' and, together with its affiliates, the 'Group')

CONFIRMATION OF TREASURY SHARES HELD

The following notification is made in accordance with the UK Financial Conduct Authority's
Disclosure Guidance and Transparency Rule 5.6.

At 30 April 2024, the Group held a total of 6,311,545 shares in treasury. This includes
5,055,359 shares held directly by subsidiaries and 1,256,186 shares held in separate
broker accounts for employees. The shares held in employee broker accounts relate to
share awards in terms of the Thungela share plan which have not yet vested. These
shares are considered treasury shares for Thungela until the awards have vested, in line
with the rules of the Thungela share plan.

The 5,055,359 treasury shares held directly by subsidiaries do not carry voting rights.

The total number of ordinary shares in issue which carry voting rights amounts to
135,437,226.

This information may be used by shareholders (and others with notification obligations)
as the denominator for the calculations by which they will determine whether they are
required to notify their interest in, or a change to their interest in, the Company.

3 May 2024
Rosebank

UK Financial adviser and corporate broker
Liberum Capital Limited
Tel: +44 20 3100 2000

Sponsor
Rand Merchant Bank
(A division of FirstRand Bank Limited)
Tel: +27 11 282 8000

Date: 03-05-2024 01:00:00
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