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Vesting of Shares Granted and Sale in Terms of The Bonus Share Plan and Restricted Share Plan
IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY
(“Implats” or the “Company”)
VESTING OF SHARES GRANTED AND SALE IN TERMS OF THE BONUS SHARE PLAN AND RESTRICTED SHARE PLAN
In compliance with paragraphs 6.77 to 6.90 of the Listings Requirements of the JSE Limited
(“JSE”), notice is hereby given of the following dealings by directors, the company secretary and
prescribed officers of Implats and its major subsidiaries, after having received clearance to do
so in terms of paragraph 6.83 of the JSE Listings Requirements.
The transactions below were pursuant to vesting and exercise of the Bonus Share Plan (BSP)
awards and Performance Share Plan (PSP) awards in the Company’s Long Term Incentive Plan
(LTIP) Scheme and the applicable subsequent sales which took place. The sales transactions
coincided with the simultaneous purchase of shares for new awards under the Company’s Long-
Term Incentive plans, which resulted in a book over of shares bought and sold using the 3-day
VWAP of the share price over this period.
Certain executives elected to commit the Bonus / Performance Shares that vested towards their
Minimum Shareholding Requirement (MSR) holdings before the vesting date. The shares
concerned and the applicable deferred vesting dates are set out in the individual disclosures
below.
Class of securities: Ordinary shares of no par value
Nature of transaction: On market sale of vested shares in terms of the BSP
Nature of interest: Direct beneficial
Date of transactions: 7 October 2026
Price per share: R186.9399
Name: NJ Muller
Designation: Executive Director
Company: Impala Platinum Holdings Limited
Number of shares vested: 73 211
Number of shares sold: 73 211
Value of transaction: R13 686 057.02
Name: M Kerber
Designation: Executive Director
Company: Impala Platinum Holdings Limited
Number of shares vested: 40 092
Number of shares sold: 18 642
Value of transaction: R3 484 933.62
The participant elected to retain 21 450 shares, and the shares that have been sold are to
cover the taxes due on the shares that have vested.
Name: LN Samuel
Designation: Executive Director
Company: Impala Platinum Holdings Limited
Number of shares vested: 32 099
Number of shares sold: 32 099
Value of transaction: R6 000 583.85
Name: K Chilvers
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 23 615
Number of shares sold: 10 980
Value of transaction: R2 052 600.10
The participant elected to retain 12 635 shares, and the shares that have been sold are to
cover the taxes due on the shares that have vested.
Name: SP Morutlwa
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 31 810
Number of shares sold: 31 810
Value of transaction: R5 946 558.22
Name: MM Motlhageng
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 42 111
Number of shares sold: 32 111
Value of transaction: R6 002 827.13
The participant elected to commit 10 000 shares towards the MSR and defer vesting of the
Bonus Share award to 1 January 2030.
Name: SE Sibiya
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 25 080
Number of shares sold: 25 080
Value of transaction: R4 688 452.69
Name: J Theron
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 28 610
Number of shares sold: 28 610
Value of transaction: R5 348 350.54
Name: T Hill
Designation: Prescribed Officer
Page 2 of 5
Company: Impala Platinum Holdings Limited
Number of shares vested: 51 548
Number of shares sold: 51 548
Value of transaction: R9 636 377.97
Name: A Mhembere
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 45 442
Number of shares sold: 45 442
Value of transaction: R8 494 922.94
Name: P Zvandasara
Designation: Executive Director
Company: Zimplats Holdings Limited (a major subsidiary of Implats)
Number of shares vested: 20 809
Number of shares sold: 20 809
Value of transaction: R3 890 032.38
Name: TT Llale
Designation: Company Secretary
Company: Impala Platinum Holdings Limited
Number of shares vested: 13 996
Number of shares sold: 6 507
Value of transaction: R1 216 417.93
The participant elected to retain 7 489 shares, and the shares that have been sold are to
cover the taxes due on the shares that have vested.
Class of securities: Ordinary shares of no par value
Nature of transaction: On market sale of vested shares in terms of the PSP
Nature of interest: Direct beneficial
Date of transactions: 7 October 2026
Price per share: R186.9399
Name: NJ Muller
Designation: Executive Director
Company: Impala Platinum Holdings Limited
Number of shares vested: 66 741
Number of shares sold: 66 741
Value of transaction: R12 476 555.87
Name: M Kerber
Designation: Executive Director
Company: Impala Platinum Holdings Limited
Number of shares vested: 36 170
Number of shares sold: 16 819
Value of transaction: R3 144 142.18
The participant elected to retain 19 351 shares, and the shares that have been sold are to
cover the taxes due on the shares that have vested.
Name: LN Samuel
Designation: Executive Director
Company: Impala Platinum Holdings Limited
Page 3 of 5
Number of shares vested: 29 307
Number of shares sold: 29 307
Value of transaction: R5 478 647.65
Name: K Chilvers
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 18 495
Number of shares sold: 8 600
Value of transaction: R1 607 683.14
The participant elected to retain 9 895 shares, and the shares that have been sold are to
cover the taxes due on the shares that have vested.
Name: SP Morutlwa
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares subject
to deferred vesting: 29 305
Value of transaction: R5 478 273.77
The participant elected to commit 29 305 shares towards the MSR and defer vesting of the
Performance Share award to 1 January 2030.
Name: MM Motlhageng
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 29 308
Number of shares sold: 29 308
Value of transaction: R5 478 834.59
Name: SE Sibiya
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 19 306
Number of shares sold: 19 306
Value of transaction: R3 609 061.71
Name: J Theron
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 26 389
Number of shares sold: 26 389
Value of transaction: R4 933 157.02
Name: TT Llale
Designation: Company Secretary
Company: Impala Platinum Holdings Limited
Number of shares vested: 9 986
Number of shares sold: 4 643
Value of transaction: R867 961.96
The participant elected to retain 5 343 shares, and the shares that have been sold are to
cover the taxes due on the shares that have vested.
Name: T Hill
Page 4 of 5
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares vested: 32 446
Number of shares sold: 32 446
Value of transaction: R6 065 452.00
Name: A Mhembere
Designation: Prescribed Officer
Number of shares vested: 48 992
Value of transaction: R9 158 559.58
The participant elected to transfer 48 992 shares to personal broker account.
Name: P Zvandasara
Designation: Executive Director
Company: Zimplats Holdings Limited (a major subsidiary of Implats)
Number of shares vested: 25 876
Number of shares sold: 25 876
Value of transaction: R4 837 256.85
Shareholders are referred to the announcement released on SENS on 7 September 2026.
Following a reconciliation of the PSP awards, it was discovered that the number of shares
vested were understated by 9 shares:
Name: SP Morutlwa
Designation: Prescribed Officer
Company: Impala Platinum Holdings Limited
Number of shares deferred: 9
Price per share: R242.02
Value of shares: R2 178.18
Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013
M: +27 (0) 82 809 0166
Emma Townshend
E-mail: emma.townshend@implats.co.za
T : +27 (0) 21 794 8345
M : +27 (0) 82 415 3770
Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033
M: +27 (0) 82 498 3608
13 October 2026
Johannesburg
Sponsor to Implats
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Page 5 of 5
Date: 13/10/2026 04:30:00
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