THARISA PLC - Transactions in Own Shares and Voting Rights

Transactions in Own Shares and Voting Rights

Tharisa plc
(Incorporated in the Republic of Cyprus with limited liability)
(Registration number HE223412)
JSE share code: THA
LSE share code: THS
A2X share code: THA
ISIN: CY0103562118
LEI: 213800WW4YWMVVZIJM90
('Tharisa' or the 'Company')

Transactions in own shares and voting rights

Tharisa, the mining, metals, and innovation company dual-listed on the Johannesburg and London
stock exchanges, announces that, in accordance with the terms of its share repurchase programme
announced on 26 March 2024 (the 'Repurchase Programme'), it purchased the following number of
ordinary shares of USD0.001 each in the Company ('Ordinary Shares') through Peel Hunt LLP ('Peel
Hunt'). The Ordinary Shares purchased will be held in treasury for a period not exceeding two calendar
years from the repurchase date and, unless reissued, will be cancelled.

Purchases during the period 23 May 2024 to 31 May 2024

JSE purchases
Date of purchase                                                       23 May 2024 to 31 May 2024
Aggregate number of Ordinary Shares purchased on JSE                                       30 418
Lowest price paid per share                                                            ZAR18.1000
Highest price paid per share                                                           ZAR18.5000
Volume weighted average price paid per share                                           ZAR18.4291

The aggregate number of shares purchased on the JSE in terms of the Repurchase Programme since
2 April 2024 is 33 231 at an average price of ZAR18.1113 per share and a total cost (including dealing
and associated costs) of ZAR601 855.88.

London Stock Exchange ('LSE') purchases
Date of purchase                                                       23 May 2024 to 31 May 2024
Aggregate number of Ordinary Shares purchased on LSE                                      618 517
Lowest price paid per share                                                         75.5000 pence
Highest price paid per share                                                        77.5000 pence
Volume weighted average price paid per share                                        76.6412 pence

The aggregate number of shares purchased on the LSE in terms of the Repurchase Programme since
4 April 2024 is 808 517 shares at an average price of 73.8004 pence per share and a total cost
(including dealing and associated costs) of GBP596 689.08.

Following the purchases during this period, and the transfer of 11 158 ordinary shares from the
treasury shares account to satisfy the exercise of Appreciation Rights by the participants of the
Tharisa Share Award Plan, the Company has 302 596 743 Ordinary Shares in issue, of which
3 397 182 Ordinary Shares are held in treasury.

The total number of voting rights in Tharisa is therefore 299 199 561. This figure may be used by
shareholders as the denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

The information contained in this update is the responsibility of the board of directors and has not
been reviewed or reported on by the Group's external auditors.

Paphos, Cyprus
3 June 2024

JSE Sponsor
Investec Bank Limited

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Investor Relations Contacts:

Ilja Graulich (Head of Investor Relations and Communications)
+27 11 996 3500
+27 83 604 0820
igraulich@tharisa.com

Broker Contacts:

Peel Hunt LLP (UK Joint Broker)
Ross Allister / Georgia Langoulant
+44 207 418 8900


BMO Capital Markets Limited (UK Joint Broker)
Thomas Rider / Nick Macann
+44 207 236 1010


Berenberg (UK Joint Broker)
Matthew Armitt / Jennifer Lee / Detlir Elezi
+44 203 207 7800

About Tharisa
Tharisa is an integrated resource group critical to the energy transition and decarbonisation of
economies. It incorporates exploration, mining, processing and the beneficiation, marketing, sales,
and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. Its
principal operating asset is the Tharisa Mine, located in the south-western limb of the Bushveld
Complex, South Africa. The mine has a 13-year open pit life and is strategically advancing the vast
mechanised underground resource which extends for over 60 years. Tharisa is developing the Karo
Platinum Project, a low-cost, open-pit PGM asset located on the Great Dyke in Zimbabwe. The
Company is committed to reducing its carbon emissions by 30% by 2030 and the development of a
roadmap to become net carbon neutral by 2050. As part of this energy transition, the 40 MW solar
project adjacent to the Tharisa Mine is well advanced. Redox One is accelerating the development of
a proprietary iron chromium redox flow long duration battery utilising the commodities we mine.
Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London
Stock Exchange (LSE: THS).

Date: 03-06-2024 04:00:00
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