Announcements 2022

25 Oct 2022

Northam Holdings shareholders (“shareholders”) are advised that at the annual general meeting of shareholders held on Tuesday, 25 October 2022 (“AGM”), all the ordinary resolutions (other than the non-binding resolutions 4.1 and 4.2) and special resolutions, as set out in the notice of AGM dated Tuesday, 16 August 2022, were passed by the requisite majority of shareholders present or represented by proxy at the AGM. Further details regarding the voting results for each of the resolutions are contained below.Each resolution proposed at the AGM, together with the number and percentage of Northam Holdings ordinary shares (“shares”) voted, the percentage of shares in respect of which shareholders abstained from voting and the percentage of votes carried for and against each resolution, are as follows:Ordinary resolution number 1.1 – re-election of Mr JG Smithies as a director

Ordinary resolution number 1.2 – re-election of Ms TE Kgosi as a director

Ordinary resolution number 1.3 – re-election of Ms HH Hickey as a director

Ordinary resolution number 2 – appointment of Pricewaterhouse Coopers Inc. (with the designated external audit partner being Mr AJ Rossouw CA(SA)) as the independent external auditors of the group

Ordinary resolution number 3.1 – election of Ms HH Hickey as a member of the audit and risk committee

Ordinary resolution number 3.2 – election of Dr NY Jekwa as a member of the audit and risk committee

Ordinary resolution number 3.3 – election of Mr MH Jonas as a member of the audit and risk committee

Ordinary resolution number 4.1 * – non-binding endorsement of the group’s remuneration policy

Ordinary resolution number 4.2 * – non-binding endorsement of the group’s remuneration implementation report

Special resolution number 1 – approval of non-executive directors’ fees

Special resolution number 2 – approval of financial assistance in terms of sections 44 and 45 of the Companies Act No. 71 of 2008

Special resolution number 3 – approval for the general authority to repurchase issued shares

*As more than 25% of the votes cast by shareholders present or represented by proxy at the AGM on ordinary resolutions 4.1 and 4.2, respectively, were against the non-binding endorsement of the group’s remuneration policy and the non-binding endorsement of the group’s remuneration implementation report, the company will continue to engage with dissenting shareholders (i.e. those shareholders who voted against the group’s remuneration policy and/or remuneration implementation report) and hereby invites such shareholders to send comments / concerns / questions relating to the group’s remuneration policy and/or remuneration implementation report, in writing, to Ms PB Beale, the company secretary of Northam, via email at This email address is being protected from spambots. You need JavaScript enabled to view it., to be received by no later than close of business on Thursday, 15 December 2022.Notes

• The total number of shares eligible to vote at the AGM was 396 615 877. 1 share is held in treasury and not eligible to vote at the AGM.
• Percentages of shares voted are calculated in relation to the total issued share capital of Northam Holdings, amounting to 396 615 878 shares.
• Percentage of shares voted for and against are calculated in relation to the total number of shares voted in respect of the relevant resolution.
• Abstentions are calculated as a percentage in relation to the total issued share capital of Northam Holdings.

Johannesburg
25 October 2022

Corporate Advisor and Sponsor to Northam Holdings
One Capital

Attorneys to Northam Holdings and Northam Platinum
Webber Wentzel

Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital