SOUTHERN PALLADIUM LIMITED - Trading Halt

Trading Halt

Southern Palladium Limited
Incorporated in the Commonwealth of Australia
Australian Company Number 646 391 899
ASX share code: SPD
JSE share code: SDL
ISIN AU0000220808
("Southern Palladium" or "the Company")


Trading Halt


Trading in the securities of Southern Palladium Limited ('SPD') has been halted at the request of SPD, pending
the release of an announcement by SPD.

Unless the ASX decides otherwise, the securities will remain in trading halt until the earlier of:

• the commencement of normal trading on Monday, 10 August 2026; or
• the release of the announcement to the market.

SPD's request for a trading halt is attached below for the information of the market.

The JSE's Market Regulation has, in terms of JSE equities rule 6.80.1, decided to declare a trading halt in the
shares of Southern Palladium. The trading halt will remain in place until the earlier of Monday, 10 August
2026 (which is a non-trading day on the JSE), and the Company's announcement to the market as referred
to above.

6 August 2026

JSE Sponsor
Merchantec Capital


Request for Trading Halt

Pursuant to Listing Rule 17.1, Southern Palladium Limited (ASX Code: SPD and JSE Code: SDL) (the Company
or Southern Palladium) requests that ASX grant an immediate trading halt for all of Southern Palladium's
securities.

In accordance with Listing Rule 17.1, the Company advises that:

•   the trading halt is requested pending an announcement regarding the granting of a Mining Right for the
    Company's Bengwenyama PGM Project in South Africa;

•   the trading halt is required to enable the Company to assess the terms and conditions of the Mining Right
    and to prepare an appropriate market announcement in an orderly manner;

•   Southern Palladium requests that the trading halt remain in place until the earlier of such time as it makes
    an announcement to the market in relation to the granting of a Mining Right for the Bengwenyama
    Project and the commencement of trading on Friday 7 August 2026;

•   The Company will request a corresponding Trading Halt on the Johannesburg Stock Exchange; and

•   Southern Palladium is not aware of any reason why the trading halt should not be granted or of any other
    information necessary to inform the market or ASX about the trading halt.

This trading halt request was authorised by the Executive Chairman.


For further information, please contact:

Johan Odendaal
Managing Director
Southern Palladium
Phone: +27 82 557 6088
Email: johan.odendaal@southernpalladium.com

South African media & investor relations inquiries: Sherilee Lakmidas, R&A Strategic Communications: +27
11 880 3924

Follow @SouthernPalladium on Twitter

Follow Southern Palladium on LinkedIn

Date: 06-08-2026 05:05:00
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