The analysis of shareholders as at 30 June 2026 was as follows:

Shareholding range Number of
shareholders		 Total
shareholding		 Percentage
holding (%)
30 June 2026 30 June 2026 30 June 2026
1 – 5 000 19 074 10 021 703 2.50
5 001 – 10 000 440 3 189 695 0.80
10 001 – 50 000 751 18 068 643 4.52
50 001 – 100 000 220 15 170 252 3.79
100 001 – 1 000 000 357 108 329 430 27.08
1 000 001 and more 62 245 323 193 61.31
20 904 400 102 916 100.00
Geographical analysis of shareholders Total
shareholding		 Percentage
holding (%)
30 June 2026 30 June 2026
South Africa 281 060 573 70.25
Americas 74 768 178 18.69
Europe 19 268 258 4.81
United Kingdom 16 134 300 4.03
Africa, excluding South Africa 4 900 982 1.22
Far East, excluding the People’s Republic of China 3 228 615 0.81
Middle East 545 309 0.14
Australasia 156 592 0.04
The People’s Republic of China 26 644 0.01
Other 13 465 0.00
400 102 916 100.00
Shareholders with a holding of more than 5% of the issued share capital Total
Shareholding		 Percentage
holding (%)
30 June 2026 30 June 2026
Public Investment Corporation (SOC) Limited 82 008 983 20.50
Coronation Asset Management Proprietary Limited 31 719 220 7.93
Ninety One plc 23 790 805 5.95

The spread of Northam Holdings shares issued to public and non-public holders was as follows at the close of markets on 30 June 2026:

Number of
shareholders		 Total shareholding Percentage holding (%)
30 June 2026 30 June 2026 30 June 2026
Public 20 890 392 100 556 98.00
Non-public*
Executive directors of Northam Platinum Holdings Limited or of any of its major subsidiaries 2 1 238 892 0.31
Non-executive directors of Northam Platinum Holdings Limited or of any of its major subsidiaries 3 39 703 0.01
Associates of Northam Platinum Holdings Limited and/or of any of its major subsidiaries:
- Zambezi Trusts 3 6 378 354 1.59
- Northam Platinum Limited 1 1 0.00
Associates of directors of Northam Platinum Holdings Limited or of any of its major subsidiaries 3 12 897 0.01
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 2 332 513 0.08
20 904 400 102 916 100.00

*The following categories are not applicable to Northam Platinum Holdings Limited, as such categories of shareholding do not exist: (i) prescribed officers; (ii) controlling shareholders; and (iii) any person in respect of whom restrictions on trading in the issuer’s listed securities**, in any manner or form, are imposed by the applicant issuer for a period exceeding six months from the listing date.

**Directors of Northam Platinum Holdings Limited, trustees of the group’s employee share schemes, Voluntary Incentive Mechanism (VIM) participants as well as BRP employees holding shares in the company are subject to closed periods throughout the financial year during which trading in these shares is prohibited. It is however not regarded as a permanent restriction on trading Northam Platinum Holdings Limited’s listed securities as intended above. In addition, the VIM participants shares’, which are placed in restricted brokerage accounts held in their personal names, are allowed to trade in these shares with the CFO’s permission.

The above categories include Northam Holdings shares issued to the below individuals:

Number of
shareholders		 Total
shareholding		 Percentage
holding (%)
30 June 2026 30 June 2026 30 June 2026
Executive directors 2 1 238 892 0.31
Non-executive directors and their associates 6 52 600 0.02
Voluntary Incentive Mechanism participants, other than executive directors, and their associates 8 888 171 0.22