RNS Number : 3282B Thungela Resources Limited 19 March 2025 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 ON BEHALF OF EXECUTIVE DIRECTORS FOR CONDITIONAL SHARES SUBJECT TO A HOLDING PERIOD In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("the JSE Listings Requirements"), shareholders are advised of the following transactions on behalf of executive directors in terms of the Company's 2021 Share Plan and Remuneration Policy. The performance condition for the 2022 Conditional Share Award was measured on 7 March 2025. The shares held on behalf of executive directors are subject to a further two-year holding period before they will be delivered to them. The executive directors may not dispose of the shares during the holding period. * Provision share price represents the volume weighted average price of a Thungela Resources share for the 20 days ended 14 March 2025. The highest and lowest prices traded for Thungela Resources shares over each day were as follows: Clearance to deal in terms of the JSE Listings Requirements was obtained. Johannesburg 19 March 2025 UK Financial adviser and corporate broker Panmure Liberum Limited Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Notification of Dealing Forms This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END DSHFLFELVRIALIE