WESIZWE PLATINUM LIMITED - Audited annual consolidated results for the year ended 31 December 2024

Audited annual consolidated results for the year ended 31 December 2024

WESIZWE PLATINUM LIMITED

(Incorporated in the Republic of South Africa)
Registration number: 2003/020161/06
Share code: WEZ
ISIN number: ZAE000075859
("Wesizwe" or "the Company" or "the Group")


AUDITED ANNUAL CONSOLIDATED RESULTS FOR THE YEAR ENDED 31 DECEMBER
2024


1.   SALIENT FEATURES

     -   Administration expenditure increased by R70,2 million to R98.0 million (2023: R27.8
         million)
     -   Provision for legal claim of R207.0 million recognised (2023: nil).
     -   Headline loss per share increased by 11.31 cents per share to a headline loss of 12.86
         cents per share (2023: headline loss of 1.55 cents per share).
     -   Loss per share increased by 11.31 cents per share to a loss of 12.86 cents per share
         (2023: loss of 1.55 cents per share).
     -   The board of directors, after careful consideration, has elected to not declare a
         dividend for the year ending 31 December 2024 (2023: nil).

2.   SHORT-FORM ANNOUNCEMENT

     This short-form announcement is the responsibility of the directors of the Company. It
     contains only a summary of the information in the audited annual consolidated results for
     the year-ended 31 December 2024 ("Annual Financial Statements") and does not
     contain full or complete details. The Annual Financial Statements can be found at:

     https://senspdf.jse.co.za/documents/2025/JSE/ISSE/WEZ/WEZYE24.pdf

     A copy of the Annual Financial Statements is also available for viewing on the Company's
     website at:

      
     https://wesizwe.co.za/wp-content/uploads/2025/09/wesizwe_afs_december-2024.pdf or
     may be requested in person, at the Company's registered office or the office of the
     sponsor, at no charge, during office hours.
     Any investment decisions by investors and/or shareholders should be based on
     consideration of the Annual Financial statements as a whole.
     The Annual Financial Statements have been audited by the Company's auditors,
     SizweNtsalubaGobodo Grant Thornton Inc. who expressed a disclaimer of audit opinion
     thereon.
     This auditor's report is available, along with the Annual Financial Statements, on the
     Company's website at:

     https://wesizwe.co.za/wp-content/uploads/2025/09/wesizwe_afs_december-2024.pdf

3.   UPDATE IN RELATION TO THE DISTRIBUTION OF THE INTEGRATED ANNUAL
     REPORT

     Shareholders of the Company ("Shareholders") are referred to the announcement
     released on 27 August 2025 and are hereby advised that the Company's integrated
     annual report, incorporating the summarised consolidated financial statements of the
     Company for the year ended 31 December 2024 and the notice of the annual general
     meeting of the Company will be distributed to Shareholder's on 2 October 2025 and
     announced on SENS accordingly.



Johannesburg
30 September 2025

Sponsor
PSG Capital

Date: 30-09-2025 11:20:00
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