THUNGELA RESOURCES LIMITED - Dealing in securities by non-executive director

Dealing in securities by non-executive director 

Thungela Resources Limited
Incorporated in the Republic of South Africa
Registration number: 2021/303811/06
ISIN: ZAE000296554
JSE share code: TGA
LSE share code: TGA
(“Thungela Resources” or “Company”)

DEALING IN SECURITIES BY NON-EXECUTIVE DIRECTOR

In compliance with paragraphs 6.77 to 6.80 of the Listings Requirements of the JSE Limited, the following
information is disclosed:

 Director                                            :   Sango Ntsaluba
 Company                                             :   Thungela Resources
 Date of transaction                                 :   17 August 2026
 Class of securities                                 :   Ordinary shares
 Nature of transaction                               :   On-market sale of ordinary shares
 Number of securities                                :   1380
 Selling price per share                             :   R109.85
 Total value of transaction                          :   R151593.00
 Nature of interest                                  :   Direct, beneficial
 Clearance obtained                                  :   Yes

UK Financial adviser and corporate broker
Panmure Liberum Limited

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Johannesburg
19 August 2026
                                                                                                  

Notification and public disclosure of transactions by persons discharging managerial
responsibility and persons closely associated with them.


Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1      Details of the person discharging managerial responsibilities/person closely associated
a.     Name                                Sango Ntsaluba

2      Reason for notification
a.     Position/Status                     Non-Executive Director / PDMR
b.     Initial notification/Amendment      Initial

3      Details of the issuer, emission allowance market participant, auction platform, auctioneer or
       auction monitor

a.     Name                                Thungela Resources Limited
b.     LEI                                 213800EGYK3BN3SRIF27

4      Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
       type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.     Description of the         Ordinary shares of no par value
       financial instrument,
       type of instrument         ISIN: ZAE000296554

       Identification Code       SEDOL: BMV3M27

b.     Nature of the              Sale of Shares
       transaction

c.     Price(s) and               Volume Price (ZAR)
       volume(s)                  1380 109,85

d.     Aggregated                 Price: ZAR109,85
       information

        - Aggregated Volume       Volume: 1380

        - Price                   ZAR 151593.00

e.     Date of the                17 August
       transaction

f.     Place of the               XJSE
       transaction
Date: 19/08/2026 07:00:00
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