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Notice of Disposal of Beneficial Interests in the Securities of the Company in Terms of Section 122 of the Companies Act, South Africa

Valterra PlatinumVALOn SENS Monday 9 November 2026, 15:00 SAST

Shareholding changeNot material

In brief

The Public Investment Corporation SOC Limited has disposed of securities in the company, reducing its beneficial interest from 20.0690% to 19.9920%.

The announcement

Notice of Disposal of Beneficial Interests in the Securities of the Company in Terms of Section 122 of the Companies Act, South Africa

Valterra Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
JSE Share Code: VAL
LSE Share Code: VALT
JSE Debt Issuer Code: VALI
ISIN: ZAE000013181
Income tax number: 9575104717
(“the Company" or "Valterra Platinum")

9 November 2026

Notice of disposal of beneficial interests in the securities of the Company in terms of Section 122
of the Companies Act, South Africa

The Company has been informed by the Public Investment Corporation SOC Limited that it has disposed
of securities in the Company such that it now holds 19.9920% beneficial interest in the Company
(previously disclosed as 20.0690%). As required in terms of section 122(3)(a) of the Companies Act (South
Africa), the Company has filed the required notices with the South African Takeover Regulation Panel.

Responsibility Statement

The Board of Directors of the Company (the "Board"), individually and collectively, accepts responsibility
for the accuracy of the information contained in this announcement which relates to the Company. To the
best of the Board's knowledge and belief, the information contained in this announcement is true and
nothing has been omitted which is likely to affect the importance of such information.

JSE equity sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities
JSE debt sponsor:
The Standard Bank of South Africa Limited

For further information, please contact:
Company Secretary
Fiona Edmundson
fiona.edmundson@valterraplatinum.com

Investors:
Leroy Mnguni
leroy.mnguni@valterraplatinum.com
Marcela Grochowina
marcela.grochowina@valterraplatinum.com
Media:
Cindy Maneveld
cindy.maneveld@valterraplatinum.com

ABOUT VALTERRA PLATINUM
Valterra Platinum is one of the world’s leading integrated producers of platinum group metals (PGMs) with a
primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange.
We operate world class, long-life mines and the industry’s most efficient processing assets, responsibly
mining, smelting, and refining PGMs and associated co-products from operations located in South Africa and
Zimbabwe. With integrated marketing hubs in London, Singapore and Shanghai, we deliver tailored solutions
for our customers. We continue to integrate sustainability into everything we do, invest in our mining and
processing capabilities and advance market development initiatives to grow and commercialise new demand
segments. We make a meaningful impact in the communities where we operate and remain committed to
delivering consistent and superior returns to shareholders. Guided by our purpose of unearthing value to
better our world, we are committed to zero harm, disciplined capital allocation and delivery on our value-
accretive strategic priorities.
Date: 09/11/2026 03:00:00
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