THARISA PLC - Retirement of Chief Finance Officer

Retirement of Chief Finance Officer

Tharisa plc
(Incorporated in the Republic of Cyprus with limited liability)
(Registration number HE223412)
JSE share code: THA
LSE share code: THS
A2X share code: THA
ISIN: CY0103562118
LEI: 213800WW4YWMVVZIJM90
('Tharisa' or 'the Company' or 'Group')


RETIREMENT OF CHIEF FINANCE OFFICER

In compliance with the JSE Listings Requirements, shareholders are advised that Michael Jones will
retire from his position as Chief Finance Officer and Executive Director of Tharisa and its subsidiaries
effective 31 July 2026. Michael joined Tharisa as Chief Finance Officer on 1 May 2012 and was
appointed to the Tharisa board on 30 January 2013.

The Company will commence the process of finding a suitable replacement, evaluating both internal
and external candidates, and shareholders will be advised once the appointment of the new Chief
Finance Officer has been finalised. Michael will assist the Group during the process and provide
support to ensure a seamless handover of responsibilities.


Paphos, Cyprus
3 February 2026


JSE Sponsor
Investec Bank Limited

Connect with us on LinkedIn to get further news and updates about our business.

Investor Relations Contacts:
Ilja Graulich (Head of Investor Relations and Communications)
+27 11 996 3500
+27 83 604 0820
igraulich@tharisa.com

Broker Contacts:
Peel Hunt LLP (UK Joint Broker)
Ross Allister / Georgia Langoulant
+44 207 418 8900

BMO Capital Markets Limited (UK Joint Broker)
Thomas Rider / Nick Macann
+44 207 236 1010


Berenberg (UK Joint Broker)
Matthew Armitt / Jennifer Lee / Detlir Elezi
+44 203 207 7800


About Tharisa – delivering on expansion and growth opportunities, commercialising technology
solutions

Tharisa is an integrated resource group playing a pivotal role in the global energy transition and the
decarbonisation of economies. Leveraging innovation and technology, Tharisa covers the entire value
chain – exploration, mining, processing, beneficiation, marketing, sales, and logistics – for PGMs and
chrome concentrates. The low cost, multigenerational Tharisa Mine is located on the southwestern
limb of the Bushveld Complex, South Africa, the largest source of PGMs and chrome globally.
Development of the Karo Platinum Project, a tier-one PGM project on Zimbabwe's Great Dyke, further
reinforces Tharisa's growth strategy. Investments in downstream beneficiation, including proven
chrome and PGM alloy production, will add significant value when commercialised. Tharisa is
committed to reducing carbon emissions by 30% by 2030 and the sustainability roadmap targets net
carbon neutrality by 2050. Through Redox One, Tharisa is advancing proprietary iron-chromium redox
flow battery technology, utilising the very commodities it mines to support long-duration energy
storage – a key component in the transition to renewable energy.

Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the London Stock Exchange
(LSE: THS, Equity Shares (Transition) Category).

Date: 03-02-2026 09:00:00
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