Northam Platinum : Passing of the independent non-executive chairman and changes to the boards of directors

NORTHAM PLATINUM HOLDINGS LIMITED	NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa	Incorporated in the Republic of South Africa
Registration number: 1977/003282/06
Registration number: 2020/905346/06
Debt issuer code: NHMI
Share code: NPH
Bond code: NHM015	Bond ISIN: ZAG000164922
ISIN: ZAE000298253
Bond code: NHM016	Bond ISIN: ZAG000167750
("Northam Holdings" or, together with Northam
Platinum, "Northam")	Bond code: NHM018	Bond ISIN: ZAG000168097
	Bond code: NHM019	Bond ISIN: ZAG000168105
	Bond code: NHM020	Bond ISIN: ZAG000172594
	Bond code: NHM021	Bond ISIN: ZAG000181496
	("Northam Platinum")

PASSING OF THE INDEPENDENT NON-EXECUTIVE CHAIRMAN AND CHANGES TO THE BOARDS OF DIRECTORS

It is with great sadness that the board of directors of Northam Holdings ("Northam Holdings Board") and the board of directors of Northam Platinum ("Northam Platinum Board") advise of the untimely passing of Mr David Hugh Brown, the independent non-executive chairman of the Northam Holdings Board and Northam Platinum Board, on Sunday, 19 June 2022.

Mr Brown joined Northam in November 2017 and served as a member of Northam's remuneration committee and chairperson of Northam's nomination committee and investment committee. Mr Brown contributed a wealth of knowledge, experience and expertise and Northam is appreciative of Mr Brown's invaluable leadership and wise counsel during his tenure.

The directors of Northam Holdings and Northam Platinum wish to extend their deepest sympathies to Mr Brown's family and friends.

Paul Dunne, CEO, Northam, said: "I am shocked and saddened at the sudden passing of David, a stalwart of the Southern African mining industry. He was not only Chairman of Northam's board but a friend and colleague. He worked at board level in the sector for more than 23 years. My fellow board members and executive team join me in extending our sincerest sympathy to his family and loved ones, friends and colleagues. David instinctively knew that people are at the centre of all things mining. He will be sorely missed."

Northam further advises that:

• Mr Temba Irvine Mvusi, Northam Holdings' current lead independent director, has been appointed as the new chairman of the Northam Holdings Board and, pursuant to the policy dealing with the nomination of directors, elected as a director of Northam Platinum and appointed as the new chairman of Northam Platinum Board with immediate effect; and
• Ms Hester Helena Hickey, an independent non-executive director of Northam Holdings, has been appointed as Northam Holdings' new lead independent director, with immediate effect.

A further announcement regarding the necessary appointments to the affected Northam Holdings Board committees, following the vacancies which have arisen as a result of the passing of Mr Brown, will be published in due course.

Johannesburg

20 June 2022

Corporate Advisor and Sponsor to Northam Holdings	Attorneys to Northam Holdings and Northam
One Capital	Platinum
	Webber Wentzel

Corporate Advisor and Debt Sponsor to Northam Platinum

One Capital