Page 110 - Profile's Stock Exchange Handbook - 2026 Issue 2

JSE - EXX Profile’s Stock Exchange Handbook: 2026 - Issue 2
Status
Expected
CALENDAR
Exxaro Resources Ltd. Annual General Meeting 27 May 2026 Confirmed
Finance Director’s pre-close 29 Jun 2026 Confirmed
Interim Results 20 Aug 2026 Confirmed
CAPITAL STRUCTURE Authorised Issued
EXX Ords 1c ea 500 000 000 341 913 674
DISTRIBUTIONS [ZARc]
Ords 1c ea Ldt Pay Amt
Final No 46 5 May 26 11 May 26 1000.00
Interim No 45 30 Sep 25 6 Oct 25 843.00
Final No 44 6 May 25 12 May 25 866.00
Interim No 43 1 Oct 24 7 Oct 24 796.00
LIQUIDITY: Mar26 Avg 4m shares p.w., R693.2m(60.5% p.a.)
ISIN: ZAE000084992 SHORT: EXXARO CODE: EXX
REG NO: 2000/011076/06 FOUNDED: 2000 LISTED: 2001 EXXARO 40 Week MA OILP
45000
NATURE OF BUSINESS: 40000
Exxaro is a JSE listed diversified natural resources 35000
company with a strong coal base, a growing renewable 30000
energy business, equity accounted investments in iron 25000
ore and base metals, and acquisitive growth ambitions 20000
in metals supporting the energy transition with globally
significant exposure in manganese. 15000
10000
SECTOR: Energy--Energy--OilGas&Coal--Coal 2022 2023 2024 2025 2026
MAJOR ORDINARY SHAREHOLDERS as at 3 Feb 2026
Eyesizwe RF (Pty) Ltd. 31.47% RECENT ANNOUNCEMENTS
Public Investment Corporation (SOC) Ltd. 9.70% Exxaro annual results for the year ended 31 December
Allan Gray 9.65% 2025 - Thursday, 19 March 2026: Revenue for the
FINANCIAL STATISTICS period rose to R41.8 billion (R40.7 billion) with both net
(R million) Dec 25 Dec 24 Dec 23 Dec 22 Dec 21 operating profit and profit attributable to owners of the
Final Final Final Final Final parent marginally down to R7.1 billion (R7.6 billion) and
Turnover 41 771 40 725 38 698 46 369 32 771 R7.6 billion (R7.7 billion) despite lower coal prices. This
Op Inc 7 115 7 607 10 627 16 220 7 460
NetIntPd(Rcvd) - 615 - 570 - 318 358 621 robust financial performance was backed by a strong
Tax 2 390 2 377 3 231 4 287 2 203 operational performance with both coal production
Minority Int 2 296 2 346 3 411 4 179 3 706 and sales higher at 39.9Mt (39.5Mt) and 39.6Mt
Att Inc 7 564 7 724 11 292 13 826 12 667 (39.4Mt), export sales increasing to 7.1Mt (7.0Mt),
TotCompInc 9 313 9 971 14 903 18 389 15 460
Hline Erngs-CO 7 728 7 298 11 327 14 558 11 512 and unit cash cost increasing slightly to R653/tonne
Fixed Ass 39 667 37 292 37 226 37 446 38 351 (R638/tonne). This translated to headline earnings per
Inv in Assoc 21 592 20 596 20 278 15 061 15 542 share increasing to3 247c per share (3 016c per share).
Fin Assets 5 015 5 266 4 616 3 539 3 237 Notice of interim cash dividend
Def Tax Asset 388 197 206 254 369
Tot Curr Ass 32 663 27 917 26 701 21 788 12 419 At the board of directors meeting held on 17 March
Ord SH Int 55 875 53 987 52 247 46 819 39 550 2026, in line with the revised lower dividend cover
Minority Int 15 275 14 563 14 160 12 560 10 548 range, the board has declared a final gross dividend
LT Liab 25 555 20 351 20 226 20 574 20 841 of 1 000 cents per share, amounting to approximately
Tot Curr Liab 6 405 5 815 6 221 5 192 4 778
PER SHARE STATISTICS (cents per share) R3.4 billion. Including the interim dividend of
EPS (ZARc) 3 178.00 3 192.00 4 666.00 5 713.00 5 128.00 R2.9 billion paid in October 2025, total dividends for
HEPS-C (ZARc) 3 247.00 3 016.00 4 681.00 6 016.00 4 660.00 FY25 amount to R6.3 billion. This reflects Exxaro’s
Pct chng p.a. 7.7 - 35.6 - 22.2 29.1 64.3 ongoing commitment and consistency in delivering
Tr 5yr av grwth % 8.7 6.1 16.1 77.2 60.8
DPS (ZARc) 1 843.00 1 662.00 2 153.00 2 729.00 3 252.00 superior and consistent returns to our shareholders, as
Pct chng p.a. 10.9 - 22.8 - 21.1 - 16.1 72.4 guided by our disciplined capital allocation framework.
Tr 5yr av grwth % 4.7 8.9 19.8 35.0 46.2 Full year 2026 guidance
NAV PS (ZARc) 16 341.84 15 455.54 14 957.41 13 403.47 11 322.48 - We expect total coal production and sales 39.4Mt to
3 Yr Beta 0.60 0.67 0.65 0.94 0.92
Price High 19 989 20 608 23 173 23 998 19 753 42.8Mt
Price Low 13 352 15 076 14 521 15 362 13 890 - Coal export sales to be between 7.3Mt to 8.0Mt
Price Prd End 17 900 15 795 20 448 21 731 15 287 - Our coal sustaining capital is guided to be within
RATIOS R4 billion and R4.5 billion
Ret on SH Fnd 13.86 14.69 22.14 30.32 32.68 - With renewable energy generation is guided at a
Ret On Tot Ass 12.15 13.51 19.91 27.05 22.85
Oper Pft Mgn 17.03 18.68 27.46 34.98 22.76 higher range of 1 050GWh and 1 150GWh for the year.
D:E 0.38 0.31 0.33 0.36 0.44 Exxaro concludes acquisition of select manganese assets
Int Cover n/a n/a n/a 45.32 12.10 - Monday, 02 March 2026: Following implementation of
Current Ratio 5.10 4.80 4.29 4.20 2.60 the First Sale Transaction and OMH Transaction, Exxaro
Div Cover 1.72 1.92 2.17 2.09 1.58 (through its wholly-owned subsidiary), now holds an
NUMBER OF EMPLOYEES: 8 500 effective equity interest in the Target Assets as follows:
DIRECTORS: Fraser-Moleketi G J (ld ind ne), - 100% of Ntsimbintle Mining (which owns 50.1% of the
Ireton K M (ind ne), Ketwa N (ind ne),
Malevu I N (ne), Mawasha B (ind ne), Tshipi Borwa Mine, with the remaining 49.9% owned
Mnganga Dr P (ind ne), Molope N (ind ne), by Jupiter);
Nxumalo C J (ind ne), Snyders P C C H (ind ne), - 19.99% of Jupiter;
Qhena M G (Chair, ind ne), Magara B (CEO), - 100% of Ntsimbintle Marketing; and
Koppeschaar P A (FD) - 9% of Hotazel
POSTAL ADDRESS: PO Box 9229, Pretoria, 0001 Exxaro concludes R13 billion corporate facilities
EMAIL: investorrelations@exxaro.com Scan the QR code to refinancing - Thursday, 05 February: Exxaro has
visit our website
WEBSITE: www.exxaro.com
TELEPHONE: 012-307-5000 successfully reached financial close on R13 billion
COMPANY SECRETARY: M H Nana in new term facilities (“New Facilities”), replacing its
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. existing R10 billion corporate facilities due for maturity
SPONSOR: Absa Bank Ltd., Tamela Holdings (Pty) Ltd. in April 2026. The New Facilities are unsecured and have
AUDITORS: KPMG Inc. been concluded on normal commercial terms that are
BANKERS: Absa Bank Ltd. more favourable than the existing facilities.
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