IMPALA PLATINUM HOLDINGS LIMITED - Dealings in Sec11 Nov 2025
Dealings in Securities

IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY
("Implats" or the "Company")

DEALINGS IN SECURITIES

In compliance with paragraphs 3.63 to 3.65 of the JSE Limited ("JSE") Listings Requirements,
notice is hereby given of the following dealings by directors of Implats, directors of major
subsidiaries of Implats, the company secretary and prescribed officers of Implats, after having
received clearance to do so in terms of paragraph 3.66 of the JSE Listings Requirements. The
dealings relate to the acceptance of performance shares under the 2018 Long Term Incentive
Plan (LTIP2018), which will vest in three years from award date, being 1 October 2025, subject
to the achievement of corporate performance conditions.

Name:                                NJ Muller
Designation:                         Executive Director
Company:                             Impala Platinum Holdings Limited
Nature of interest:                  Direct Beneficial
Date of transaction:                 7 November 2025
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               Off market acceptance of Performance Share Plan
                                     awards
Award price:                         R184.73
Number of Performance shares:        62 694
Total transaction value:             R11 581 462.62
Vesting period:                      Vest in 3 years from the date of award

Name:                                M Kerber
Designation:                         Executive Director
Company:                             Impala Platinum Holdings Limited
Nature of interest:                  Direct Beneficial
Date of transaction:                 7 November 2025
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               Off market acceptance of Performance Share Plan
                                     awards
Award price:                         R184.73
Number of Performance shares:        33 977
Total transaction value:             R6 276 571.21
Vesting period:                      Vest in 3 years from the date of award

Name:                           LN Samuel
Designation:                    Executive Director
Company:                        Impala Platinum Holdings Limited
Nature of interest:             Direct Beneficial
Date of transaction:            7 November 2025
Class of shares:                Ordinary shares of no par value
Nature of transaction:          Off market acceptance of Performance Share Plan
                                awards
Award price:                    R184.73
Number of Performance shares:   27 517
Total transaction value:        R5 083 215.41
Vesting period:                 Vest in 3 years from the date of award

Name:                           K Chilvers
Designation:                    Prescribed Officer
Company:                        Impala Platinum Holdings Limited
Nature of interest:             Direct Beneficial
Date of transaction:            7 November 2025
Class of shares:                Ordinary shares of no par value
Nature of transaction:          Off market acceptance of Performance Share Plan
                                awards
Award price:                    R184.73
Number of Performance shares:   20 950
Total transaction value:        R3 870 093.50
Vesting period:                 Vest in 3 years from the date of award

Name:                           AD Coetzee
Designation:                    Director
Company:                        Impala Platinum Limited (a major subsidiary of Implats)
Nature of interest:             Direct Beneficial
Date of transaction:            7 November 2025
Class of shares:                Ordinary shares of no par value
Nature of transaction:          Off market acceptance of Performance Share Plan
                                awards
Award price:                    R184.73
Number of Performance shares:   10 414
Total transaction value:        R1 923 778.22
Vesting period:                 Vest in 3 years from the date of award

Name:                           T Hill
Designation:                    Prescribed Officer
Company:                        Impala Platinum Holdings Limited
Nature of interest:             Direct Beneficial
Date of transaction:            7 November 2025
Class of shares:                Ordinary shares of no par value
Nature of transaction:          Off market acceptance of Performance Share Plan
                                awards
Award price:                    R184.73
Number of Performance shares:   27 489
Total transaction value:        R5 078 042.97
Vesting period:                 Vest in 3 years from the date of award

                                                                               Page 2 of 5
Name:                           A Mhembere
Designation:                    Prescribed Officer
Company:                        Impala Platinum Holdings Limited
Nature of interest:             Direct Beneficial
Date of transaction:            7 November 2025
Class of shares:                Ordinary shares of no par value
Nature of transaction:          Off market acceptance of Performance Share Plan
                                awards
Award price:                    R184.73
Number of Performance shares:   40 604
Total transaction value:        R7 500 776.92
Vesting period:                 Vest in 3 years from the date of award

Name:                           MM Motlhageng
Designation:                    Prescribed Officer
Company:                        Impala Platinum Holdings Limited
Nature of interest:             Direct Beneficial
Date of transaction:            7 November 2025
Class of shares:                Ordinary shares of no par value
Nature of transaction:          Off market acceptance of Performance Share Plan
                                awards
Award price:                    R184.73
Number of Performance shares:   33 172
Total transaction value:        R6 127 863.56
Vesting period:                 Vest in 3 years from the date of award

Name:                           SP Morutlwa
Designation:                    Prescribed Officer
Company:                        Impala Platinum Holdings Limited
Nature of interest:             Direct Beneficial
Date of transaction:            7 November 2025
Class of shares:                Ordinary shares of no par value
Nature of transaction:          Off market acceptance of Performance Share Plan
                                awards
Award price:                    R184.73
Number of Performance shares:   33 172
Total transaction value:        R6 127 863.56
Vesting period:                 Vest in 3 years from the date of award

Name:                           EN Mungai
Designation:                    Director
Company:                        Impala Platinum Limited (a major subsidiary of Implats)
Nature of interest:             Direct Beneficial
Date of transaction:            7 November 2025
Class of shares:                Ordinary shares of no par value
Nature of transaction:          Off market acceptance of Performance Share Plan
                                awards
Award price:                    R184.73
Number of Performance shares:   10 475
Total transaction value:        R1 935 046.75
Vesting period:                 Vest in 3 years from the date of award

Name:                           SE Sibiya
Designation:                    Prescribed Officer
Company:                        Impala Platinum Holdings Limited
Nature of interest:             Direct Beneficial

                                                                               Page 3 of 5
Date of transaction:                 7 November 2025
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               Off market acceptance of Performance Share Plan
                                     awards
Award price:                         R184.73
Number of Performance shares:        20 988
Total transaction value:             R3 877 113.24
Vesting period:                      Vest in 3 years from the date of award

Name:                                J Theron
Designation:                         Prescribed Officer
Company:                             Impala Platinum Holdings Limited
Nature of interest:                  Direct Beneficial
Date of transaction:                 7 November 2025
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               Off market acceptance of Performance Share Plan
                                     awards
Award price:                         R184.73
Number of Performance shares:        25 022
Total transaction value:             R4 622 314.06
Vesting period:                      Vest in 3 years from the date of award

Name:                                P Zvandasara
Designation:                         Director
Company:                             Zimplats Holdings Limited (a major subsidiary of Implats)
Nature of interest:                  Direct Beneficial
Date of transaction:                 7 November 2025
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               Off market acceptance of Performance Share Plan
                                     awards
Award price:                         R184.73
Number of Performance shares:        21 446
Total transaction value:             R3 961 719.58
Vesting period:                      Vest in 3 years from the date of award

Name:                                TT Llale
Designation:                         Company Secretary
Company:                             Impala Platinum Holdings Limited
Nature of interest:                  Direct Beneficial
Date of transaction:                 7 November 2025
Class of shares:                     Ordinary shares of no par value
Nature of transaction:               Off market acceptance of Performance Share Plan
                                     awards
Award price:                         R184.73
Number of Performance shares:        11 360
Total transaction value:             R2 098 532.80
Vesting period:                      Vest in 3 years from the date of award


Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013
M: +27 (0) 82 809 0166

Emma Townshend

                                                                                     Page 4 of 5
E-mail: emma.townshend@implats.co.za
T: +27 (0) 21 794 8345
M: +27 (0) 82 415 3770

Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033
M: +27 (0) 82 498 3608

11 November 2025
Johannesburg


Sponsor to Implats
Nedbank Corporate and Investment Banking, a division of Nedbank Limited




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Date: 11-11-2025 05:00:00
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