ESG: Supporting Our Strategy Announcement

Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer with assets in South Africa, is pleased to release its Environmental, Social and Governance ("ESG") Report 2023, Supporting Our Strategy, for the year ended 30 June 2023. The full report is available for download from the Company's website www.sylvaniaplatinum.com.

Sylvania has demonstrated a strong commitment to responsible business practices across various aspects of its operations. These efforts have not only ensured the successful continuation of operations in the complex energy landscape of South Africa but have also contributed to the wellbeing of its employees and the surrounding communities. The report covers energy management; water stewardship; tailings management; diversity and empowerment; employee health and safety; training and development; community engagement; the integration of ESG into Company processes; sustainability and growth; stakeholder engagement; and the economic contribution of the Company to the economy.

ESG Highlights for the year include:

• Doornbosch achieved 11-years Lost-Time Injury ("LTI") free in June 2023;
• New initiatives relating to improved water management undertaken at the Company's operations during the period and a Dynamic Water Balance developed for each plant;
• 24 local community members took part in this year's training and development programme, 11 of whom are women;
• Support for three ongoing internships and eight internal learnerships, plus 12 external bursaries maintained, and Community Based Employee Training provided to 10 employees; and
• No occupational illnesses were recorded in FY2023.