CDI Monthly Movement
Compliance filingNot material
In brief
ASX-listed CHESS Depositary Interests over ordinary shares decreased by 3,861,512 during October 2026, leaving a balance of 48,044,064 CDIs as at 31 October 2026 following net transfers between CDIs and ordinary shares.
The announcement
CDI Monthly Movement Pan African Resources PLC Pan African Resources Funding Company (Incorporated and registered in England and Wales Limited under the Companies Act 1985 with registered Incorporated in the Republic of South number 3937466 on 25 February 2000) Africa with limited liability Share code on LSE: PAF Registration number: 2012/021237/06 Share code on JSE: PAN Alpha code: PARI Share code on ASX: PAF ISIN: GB0004300496 ADR ticker code: PAFRY (‘Pan African’ or ‘PAF’ or the ‘Company’) CDI MONTHLY MOVEMENT Pan African Resources PLC (ASX: PAF; LSE: PAF; JSE: PAN) advises the following movements in ASX-listed CHESS Depositary Interests over the Company’s ordinary shares (“CDIs”) during September 2026: Balance – 30 September 2026 51,905,576 Net Movement * (3,861,512) Balance – 31 October 2026 48,044,064 * Increase/(Decrease) in the number of CDIs quoted on ASX as a result of transfers between CDIs quoted on ASX and ordinary shares quoted on the LSE and JSE, as required by the ASX to be reported on a minimum monthly basis. A copy of the Appendix 4A lodged with the ASX is attached below. Johannesburg 3 November 2026 For further information on Pan African, please visit the Company's website at www.panafricanresources.com Corporate information Corporate office Registered office The Firs Building 107 Cheapside, 2nd Floor 2nd Floor, Office 204 London, EC2V 6DN Corner Cradock and Biermann Avenues United Kingdom Rosebank, Johannesburg Office: + 44 (0)20 3869 0706 South Africa jane.kirton@corpserv.co.uk Office: + 27 (0)11 243 2900 info@paf.co.za Chief executive Officer Financial director and debt officer Cobus Loots Marileen Kok Office: + 27 (0)11 243 2900 Office: + 27 (0)11 243 2900 Head: Investor relations Website: www.panafricanresources.com Hethen Hira Tel: + 27 (0)11 243 2900 E-mail: hhira@paf.co.za Company secretary Joint broker Jane Kirton Ross Allister/Georgia Langoulant St James's Corporate Services Limited Peel Hunt LLP Office: + 44 (0)20 3869 0706 Office: +44 (0)20 7418 8900 JSE sponsor and JSE debt sponsor Joint broker Ciska Kloppers Thomas Rider/Nick Macann Questco Corporate Advisory Proprietary BMO Capital Markets Limited Limited Office: +44 (0)20 7236 1010 Office: + 27 (0) 78 286 9556 Joint broker Matthew Armitt/Jennifer Lee Joh. Berenberg, Gossler & Co KG (Berenberg) Office: +44 (0)20 3207 7800 Appendix 4A - Statement of CDIs on issue Part 1 - Entity and announcement details 1.1 Name of +Entity PAN AFRICAN RESOURCES PLC 1.2 Registered Number Type Registration Number ARBN 696435917 1.3 ASX issuer code PAF 1.4 The announcement is New announcement 1.5 Date of this announcement 3/11/2026 Part 2 - Details of +CDIs and other +securities on issue 2.1 Statement for month and year October-2026 2.2a Number and class of all +CDIs issued over quoted +securities ASX Security Code and Description +CDI Ratio PAF : CDI 1:1 FOREIGN EXEMPT LSE 1:1 Total number of +CDIs issued over Total number of +CDIs issued over Net Difference (A-B) quoted +securities at end of quoted +securities at end of previous statement month (A): month (B): 48,044,064 51,905,576 -3,861,512 Reason for change: Net transfers of securities between CDIs and Ordinary share as quoted / held on London Stock Exchange (LSE) If the total number of +CDIs issued over quoted +securities at the end of the statement month, is greater than the total number of +CDIs issued over quoted +securities for which the entity has previously paid an initial listing fee or an additional listing fee under Table 1A and 1C of Guidance Note 15A, the entity hereby applies for +quotation of the relevant securities and agrees to the matters set out in Appendix 2A of the ASX Listing Rules. 2.2b Number and class of all +securities on issue over which +CDIs have not been issued ASX Security Code and Description PAFAA : COMMON STOCK Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 3,861,512 2,388,268,886 2,384,407,374 Reason for change: Net transfer of securities between CDI's and ordinary shares Date: 03/11/2026 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.