Announcements 2022

Listing of tap issuances – NHM012, NHM018, NHM019 AND NHM021

The JSE Limited (“JSE”) has granted approval for the listing of tap issuances of Senior Unsecured Floating Rate Notes (“Notes”) under series NHM012, NHM018, NHM019 and NHM021 issued under the Northam Platinum Limited ZAR15 000 000 000 Domestic Medium Term Note Programme (“Programme”), dated 29 October 2020, as amended and supplemented from time to time (“Programme Memorandum”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 19 April 2022.

Any capitalised terms not defined in this announcement shall have the meanings ascribed thereto in the section of the Programme Memorandum headed “Terms and Conditions of the Notes”.

The details pertaining to the tap issuance of the NHM012 series are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR10 129 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM018, NHM019 and NHM021, all issuing on 19 April 2022)
Instrument Code: NHM012
Tranche Number: 4
Nominal Amount: ZAR100 000 000
Issue Price: 100.79151%
Interest Rate: 3 Month ZAR-JIBAR plus 375 bps per annum
Interest Rate Determination Date(s): 13 June, 13 September, 13 December and 13 March (or the first Business Day of each Interest Period) of each year until the Maturity Date
Coupon Rate Indicator: Floating Rate
Issue Date: 19 April 2022
Interest Commencement Date: 14 March 2022
Maturity Date: 13 June 2022
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 2 June, 2 September, 2 December and 2 March of each year until the Maturity Date, or if such day is not a Business Day, the Business Day preceding the Books Closed Period
Books Closed Period: 3 June to 12 June, 3 September to 12 September, 3 December to 12 December and 3 March to 12 March of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 13 June, 13 September, 13 December and 13 March of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention
International Securities Identification Number (ISIN): ZAG000160136
Applicable Business Day Convention: Following Business Day
Other: The applicable pricing supplement (“APS”) does not contain additional terms and conditions to the Terms and Conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96- files/1449-applicable-pricing-supplement-nhm012- tranche-4

The details pertaining to the tap issuance of the NHM018 series are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR10 129 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM012, NHM019 and NHM021, all issuing on 19 April 2022)
Instrument Code: NHM018
Tranche Number: 6
Nominal Amount: ZAR535 000 000
Issue Price: 101.15685%
Interest Rate: 3 Month ZAR-JIBAR plus 375 bps per annum
Interest Rate Determination Date(s): 25 August, 25 November, 25 February and 25 May (or the first Business Day of each Interest Period) of each year until the Maturity Date
Coupon Rate Indicator: Floating Rate
Issue Date: 19 April 2022
Interest Commencement Date: 25 February 2022
Maturity Date: 25 May 2023
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 14 August, 14 November, 14 February and 14 May of each year until the Maturity Date, or if such day is not a Business Day, the Business Day preceding the Books Closed Period
Books Closed Period: 15 August to 24 August, 15 November to 24 November, 15 February to 24 February and 15 May to 24 May of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 25 August, 25 November, 25 February and 25 May of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention
International Securities Identification Number (ISIN): ZAG000168097
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions to the Terms and Conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96- files/1448-applicable-pricing-supplement-nhm018- tranche-6-execution

The details pertaining to the tap issuance of the NHM019 series are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR10 129 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM012, NHM018 and NHM021, all issuing on 19 April 2022)
Instrument Code: NHM019
Tranche Number: 4
Nominal Amount: ZAR630 000 000
Issue Price: 101.19315%
Interest Rate: 3 Month ZAR-JIBAR plus 400 bps per annum
Interest Rate Determination Date(s): 25 August, 25 November, 25 February and 25 May (or the first Business Day of each Interest Period) of each year until the Maturity Date
Coupon Rate Indicator: Floating Rate
Issue Date: 19 April 2022
Interest Commencement Date: 25 February 2022
Maturity Date: 25 May 2024
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 14 August, 14 November, 14 February and 14 May of each year until the Maturity Date, or if such day is not a Business Day, the Business Day preceding the Books Closed Period
Books Closed Period: 15 August to 24 August, 15 November to 24 November, 15 February to 24 February and 15 May to 24 May of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 25 August, 25 November, 25 February and 25 May of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention
International Securities Identification Number (ISIN): ZAG000168105
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions to the Terms and Conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96- files/1450-applicable-pricing-supplement-nhm019-tap- tranche-4-execution

The details pertaining to the issue of NHM021 are as follows:

Instrument Type: Senior Unsecured Floating Rate Notes
Total Notes in Issue: ZAR10 129 836 845 (inclusive of this issue of Notes and the tap issuances under Note series NHM012, NHM018 and NHM019, all issuing on 19 April 2022)
Instrument Code NHM021
Tranche Number: 2
Nominal Amount: ZAR78 000 000
Issue Price: 101.15986%
Interest Rate: 3 Month ZAR-JIBAR plus 425 bps per annum
Interest Rate Determination Date(s): 26 February, 26 May, 26 August and 26 November (or the first Business Day of each Interest Period) of each year until the Maturity Date
Coupon Rate Indicator: Floating Rate
Issue Date: 19 April 2022
Interest Commencement Date: 28 February 2022
Maturity Date: 26 November 2026
Final Redemption Amount: 100% of Nominal Amount
Last Day to Register: By 17h00 on 15 February, 15 May, 15 August and 15 November of each year until the Maturity Date, or if such day is not a Business Day, the Business Day preceding each Books Closed Period
Books Closed Period: 16 February to 25 February, 16 May to 25 May, 16 August to 25 August and 16 November to 25 November of each year until the Maturity Date (all dates inclusive), or if any early redemption occurs, 10 Days prior to the actual Redemption Date
Floating Interest Payment Date(s): 26 February, 26 May, 26 August and 26 November of each year until the Maturity Date or, if such day is not a Business Day, the Business Day on which interest will be paid, as determined in accordance with the Applicable Business Day Convention
International Securities Identification Number (ISIN): ZAG000181496
Applicable Business Day Convention: Following Business Day
Other: The APS does not contain additional terms and conditions to the terms and conditions as contained in the Programme. The APS is available on Northam’s website: https://www.northam.co.za/downloads/send/96- files/1446-applicable-pricing-supplement-nhm021- tranche-2-notes-execution

The Notes will be dematerialised in the Central Securities Depository (CSD) and settlement will take place electronically in terms of the JSE rules.

Johannesburg
13 April 2022

Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Programme
One Capital

Attorneys to Northam, the Arranger and the Dealer in respect of the Programme
Bowman Gilfillan Inc.