The analysis of shareholders as at 30 June 2025 was as follows:

Shareholding range Number of
shareholders		 Total
shareholding		 Percentage
holding (%)
30 June 2025 30 June 2025 30 June 2025
1 – 5 000 19 156 11 453 101 2.86
5 001 – 10 000 473 3 396 634 0.85
10 001 – 50 000 746 17 637 454 4.41
50 001 – 100 000 222 15 732 097 3.93
100 001 – 1 000 000 336 101 997 215 25.49
1 00 001 and more 59 249 886 415 62.46
20 992 400 102 916 100.0
Geographical analysis of shareholders Total
shareholding		 Percentage
holding (%)
30 June 2025 30 June 2025
South Africa 324 658 790 81.14
Americas 56 766 536 14.19
United Kingdom 7 565 957 1.89
Europe 5 667 356 1.42
Africa (excluding South Africa) 5 123 313 1.28
Far East (excluding the People’s Republic of China) 118 252 0.03
Middle East 150 471 0.04
Australasia 52 241 0.01
400 102 916 100.0
Shareholders with a holding of more than 5% of the issued share capital Total
Shareholding		 Percentage
holding (%)
30 June 2025 30 June 2025
Public Investment Corporation (SOC) Limited 81 616 103 20.40
Coronation Asset Management Proprietary Limited 48 528 747 12.13
Royal Bafokeng Investment Holding Company Proprietary Limited 27 599 725 6.90
Ninety One PLC 26 888 322 6.72
Allan Gray Proprietary Limited 26 210 222 6.55
Camissa Asset Management Proprietary Limited 22 207 447 5.55
Olda Mutual Limited 21 706 681 5.43
The shareholder spread of shareholders as at 30 June 2025 was as follows Number of
shareholders		 Number of shares held Percentage holding (%)
30 June 2025 30 June 2025 30 June 2025
Public 20 973 389 832 007 97.43
Non-public
Directors of Northam Platinum Holdings Limited or of any of its major subsidiaries 12 1 571 746 0.39
Associates of Northam Platinum Holdings Limited and/or of any of its major subsidiaries 4 6 378 355 1.60
Associates of directors of Northam Platinum Holdings Limited or of any of its major subsidiaries 2 2 265 402 0.57
Trustees of any employee share scheme or pension fund established for the benefit of any directors or employees of Northam Platinum Holdings Limited or any of its subsidiaries 1 55 406 0.01
Prescribed officers of Northam Platinum Holdings Limited - - -
Controlling shareholder/s - - -
Any person restricted on trading in Northam Platinum Holdings Limited’s listed securities, as imposed by Northam Platinum Holdings Limited - - -
20 992 400 102 916 100.00