Black Friday: 40% off Pro and Elite for your first 12 months with code BLACKFRIDAY40, until 23:59 SAST on Friday 27 November.Black Friday: 40% off Pro and Elite with BLACKFRIDAY40See plans →

Disclosure of an acquisition of a beneficial interest in Northam Holdings securities

Northam PlatinumNPHOn SENS Tuesday 3 November 2026, 12:00 SAST

Shareholding changeNot material

In brief

The Public Investment Corporation SOC Limited has acquired a beneficial interest in Northam Holdings, increasing its holding to 20.407% of the company's total issued share capital.

The announcement

Disclosure of an acquisition of a beneficial interest in Northam Holdings securities

NORTHAM PLATINUM HOLDINGS LIMITED                               NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa                    Incorporated in the Republic of South Africa
Registration number: 2020/905346/06                             Registration number: 1977/003282/06
JSE share code: NPH ISIN: ZAE000298253                          JSE debt issuer code: NHMI
(“Northam Holdings” or the “company”)                           Bond code: NHM021        Bond ISIN: ZAG000181496
                                                                Bond code: NHM022        Bond ISIN: ZAG000190133
                                                                Bond code: NHM026        Bond ISIN: ZAG000195942
                                                                Bond code: NHM027        Bond ISIN: ZAG000216052
                                                                Bond code: NHM028        Bond ISIN: ZAG000216045
                                                                Bond code: NHM029        Bond ISIN: ZAG000216037
                                                                (“Northam Platinum”)

DISCLOSURE OF AN ACQUISITION OF A BENEFICIAL INTEREST IN NORTHAM HOLDINGS SECURITIES

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended (“Companies Act”), and
paragraph 6.54 of the JSE Limited Listings Requirements (“JSE Listings Requirements”), Northam Holdings
shareholders are advised that the company has received notification, in the prescribed form, from the Public Investment
Corporation SOC Limited (“PIC”), advising that it has acquired a beneficial interest in the securities of Northam Holdings,
such that the PIC now holds a beneficial interest of 20.407% in the company’s total issued share capital.

The company will file the relevant notification with the Takeover Regulation Panel and the Companies and Intellectual
Property Commission, as required in terms of sections 122(3)(a) and 122(3A) of the Companies Act.

The board of directors of Northam Holdings (“Board”) accepts responsibility for the information contained in this
announcement and certifies that, to the best of the Board’s knowledge and belief, the information contained in this
announcement is true and that there are no facts that have been omitted which would make any statement in this
announcement false or misleading and that this announcement contains all information required by law and the
JSE Listings Requirements.

Johannesburg
3 November 2026

Corporate Advisor and Sponsor to Northam Holdings
One Capital

Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital

Date: 03/11/2026 12:00:00
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.

Published by the company through the JSE’s Stock Exchange News Service. The type, the Material marker and the summary are TradeIntel’s own reading, written by software from the announcement, and can be wrong: the announcement itself is the record.General information only. TradeIntel is not a registered financial services provider.