Dealings in securities by Thungela Share Plan for the allocation of sign-on shares in terms of the Share Plan

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" and, together with its affiliates, the 'Group')

DEALINGS IN SECURITIES BY THUNGELA SHARE PLAN FOR THE ALLOCATION OF SIGN-
ON SHARES IN TERMS OF THE SHARE PLAN

In terms of paragraph 3.96 of the Listings Requirements of the JSE Limited ("the JSE Listings
Requirements"), we hereby provide the following information regarding the purchase of shares
to be used for the future settlement of rights issued under the Sign-on Award component of the
2021 Thungela Company Share Plan. The repurchased shares are held in Treasury until such
time that the shares have vested under the rules of 2021 Thungela Company Share Plan.

Date of transaction: 1 March 2024
Nature of transaction: On-market acquisition of securities
Class of securities: Ordinary shares
Number of securities: 12,110
Volume weighted average purchase 109,98
price per security:
Highest purchase price per security: 111.38
Lowest purchase price per security: 104.52
Transaction value: R1,331,906.24
Nature of interest: Direct beneficial
Clearance obtained: No

Rosebank, South Africa
26 July 2024

UK Financial adviser and corporate broker
Panmure Liberum Capital Limited

Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 26-07-2024 04:00:00
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