Dealings in securities by the company secretary
Directors' dealingsNot material
In brief
Company Secretary Tovi Ellis sold 1,052 ordinary shares on market on 2 November 2026 at a VWAP of R132.23 per share, totaling R139,105.96, to settle tax obligations from vested forfeitable share awards.
The announcement
Dealings in securities by the company secretary Thungela Resources Limited (Incorporated in the Republic of South Africa) Registration number: 2021/303811/06 JSE share code: TGA LSE share code: TGA ISIN: ZAE000296554 Tax number: 9111917259 ("Thungela" or the “Company”) DEALINGS IN SECURITIES BY THE COMPANY SECRETARY In compliance with paragraphs 6.77 to 6.89 of the Listings Requirements of the JSE Limited (“the JSE Listings Requirements”), shareholders are advised of the following transaction. The transaction relates to the vesting of forfeitable share awards and the subsequent on market sale of shares by the company secretary to settle tax obligations arising from such vesting. The vesting occurred in terms of the Company’s 2021 Share Plan and as contemplated in the Remuneration Policy. Company Secretary Tovi Ellis Nature of transaction: On market sale of vested forfeitable shares to settle tax obligations arising from the vesting Class of securities: Ordinary shares Trading date: 2 November 2026 Number of shares: 1,052 VWAP per share: R132.23 Highest price per share: R141.89 Lowest price per share: R125.01 Transaction value: R139,105.96 Nature of interest: Direct beneficial The remaining ordinary shares underlying the unvested forfeitable awards will be held in escrow until they vest subject to the employment conditions being met. Clearance for this transaction has been obtained in accordance with paragraph 6.83 of the JSE Listings Requirements. Johannesburg 6 November 2026 UK Financial adviser and corporate broker Panmure Liberum Limited JSE Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 06/11/2026 03:00:00 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.