Business description: DRDGOLD Limited

DRDGOLD Limited is a South Africa-based holding company. The Company is primarily involved in the retreatment of surface gold tailings. The Company’s business includes Ergo, Far West Gold Recoveries (FWGR), Hot Button Features and Resources and Reserves. Ergo business is a surface gold retreatment operation, which treats old slime dams and sand dumps to the south of Johannesburg’s central business district, as well as the East and Central Rand goldfields. The operation comprises three plants. The Ergo and Knights plants operate as metallurgical plants. The Ergo plant treats around 1.7 Mtpm of material. The City Deep plant operates as a pump/milling station feeding the metallurgical plants. The Company’s FWGR is a surface gold retreatment operation that treats old slime dams in the West Rand goldfields and is located near Carletonville in South Africa’s Gauteng province. Mineral Resources consist of sand dumps, slimes dams and silted areas and dams.

Number of employees: 881

Sales by Activity: DRDGOLD Limited

Fiscal Period: June 2021 (ZAR) 2022 (ZAR) 2023 (ZAR) 2024 (ZAR) 2025 (ZAR)

Ergo

394.3Cr 370.49Cr 410.86Cr 452.49Cr 567.15Cr

FWGR

132.6Cr 141.36Cr 138.77Cr 171.48Cr 220.67Cr

Geographical breakdown of sales: DRDGOLD Limited

Fiscal Period: June 2021 (ZAR) 2022 (ZAR) 2023 (ZAR) 2024 (ZAR) 2025 (ZAR)

South Africa

526.9Cr 511.85Cr 549.63Cr 623.97Cr 787.82Cr

Executive Committee: DRDGOLD Limited

Manager TitleAgeSince
Chief Executive Officer 59 21/08/2008
Chief Tech/Sci/R&D Officer - 02/11/2020
Chief Operating Officer 50 -
General Counsel 37 01/11/2022
Corporate Secretary - 25/10/2023

Composition of the Board of Directors: DRDGOLD Limited

Director TitleAgeSince
Director/Board Member 59 01/01/2009
Director/Board Member 64 01/11/2007
Director/Board Member 80 25/04/2014
Director/Board Member 61 01/12/2016
Director/Board Member 45 03/05/2019
Chairman 69 01/12/2021
Director/Board Member 43 01/08/2020

Shareholders: DRDGOLD Limited

NameEquities%Valuation
Acadian Asset Management LLC
1.878 %
16,29,081 1.878 % 63 M $
Van Eck Associates Corp.
1.29 %
11,19,294 1.29 % 44 M $
Arrowstreet Capital LP
1.21 %
10,49,652 1.21 % 41 M $
Connor, Clark & Lunn Investment Management Ltd.
0.7535 %
6,53,566 0.7535 % 25 M $
American Century Cos., Inc.
0.5571 %
4,83,262 0.5571 % 19 M $
NameEquities%Valuation
50.1 %
43,45,58,944 50.1 % 1 617 M $
Public Investment Corporation (SOC) Ltd.
5.273 %
4,57,36,743 5.273 % 170 M $
0.1153 %
9,99,816 0.1153 % 4 M $
Truffle Asset Management (Pty) Ltd.
0.0774 %
6,71,785 0.0774 % 3 M $
Satrix Managers (RF) Pty Ltd.
0.0656 %
5,68,966 0.0656 % 2 M $
NameEquities%Valuation
100 %
50,00,000 100 % 19 M $

Company details: DRDGOLD Limited

DRDGOLD Ltd.

Constantia Office Park, Cycad House

1709, Johannesburg

+27 11 470 2600

http://www.drdgold.com
address DRDGOLD Limited(DRD)

Gold Mining

Change 5d. change 1-year change 3-years change Capi.($)
-3.60%-3.68%+132.39%+352.56% 295.52Cr
-3.09%-3.53%+165.21%+155.22% 13TCr
-1.88%-4.48%+121.05%+365.67% 11TCr
-2.54%-4.32%+129.49%+161.29% 7.73TCr
-1.96%-4.69%+95.28%+236.91% 6.85TCr
-1.94%-6.46%+229.79%+448.91% 5.47TCr
-0.82%-4.83%+174.33%+748.85% 3.94TCr
+3.04%-12.89%+54.89%+153.55% 2.65TCr
-2.34%-2.29%+78.54%+132.33% 2.39TCr
-2.34%-5.38%+94.27%+359.10% 2.12TCr
Average -1.77%-3.37%+127.52%+311.44% 5.57TCr
Weighted average by Cap. -2.04%-2.54%+137.79%+287.53%
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
34.07USD
Average target price
46.50USD
Spread / Average Target
+36.48%

Quarterly revenue - Rate of surprise

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