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Total Voting Rights

In brief · summary, not quotable

Thungela Resources Limited confirmed that as of September 30, 2025, it holds a total of 13,359,350 shares in treasury. This comprises 11,301,890 shares held directly by subsidiaries and 2,057,460 shares held in separate broker accounts for employees related to unvested share awards. The 11,301,890 treasury shares held by subsidiaries do not carry voting rights. The total number of ordinary shares in issue which carry voting rights amounts to 129,190,695. This information is relevant for shareholders determining their notification obligations regarding their interest in the company.

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JSE Share Code: TGA

LSE Share Code: TGA

Tax number: 9111917259

('Thungela' or the 'Company' and, together with its affiliates, the 'Group')

CONFIRMATION OF TREASURY SHARES HELD

At 30 September 2025, the Group holds a total of 13,359,350 shares in treasury. This includes 11,301,890 shares held directly by subsidiaries and 2,057,460 shares held in separate broker accounts for employees. The shares held in employee broker accounts relate to share awards in terms of the Thungela share plan which have not yet vested and/or sign-on awards granted to new employees subject to forfeiture conditions. These shares are considered treasury shares for Thungela until the awards have vested or the forfeiture conditions have been satisfied.

The 11,301,890 treasury shares held directly by subsidiaries do not carry voting rights.

The total number of ordinary shares in issue which carry voting rights amounts to

129,190,695.

Rosebank

UK Financial adviser and corporate broker

Panmure Liberum Limited

Sponsor

Rand Merchant Bank

(A division of FirstRand Bank Limited)

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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