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Currency Conversion to Rand
South32 Limited
(Incorporated in Australia under the Corporations Act 2001 (Cth))
(ACN 093 732 597)
ASX / LSE / JSE Share Code: S32; ADR: SOUHY
ISIN: AU000000S320
south32.net
CURRENCY CONVERSION TO RAND
South32 Limited (ASX, LSE, JSE: S32; ADR: SOUY) (South32) announced on 12 February 2026 that the Board resolved to pay an
interim dividend of US 3.9 cents per share (fully franked) for the half year ended 31 December 2025. The dividend payment date is 2
April 2026. The US cent currency exchange rate applicable to the dividend payable in South African cents, to shareholders on the
South African branch register on the Record Date, is:
Gross dividend per ordinary Net dividend per ordinary
Dividend Exchange rate
share in South African Cents share in South African Cents
Interim dividend 15.95163 62.21136 49.76909
The currency exchange rate is the average exchange rate realised on foreign exchange trades during the period 23 February 2026 to
27 February 2026.
The exchange rate applicable to the South32 dividend being paid in other currencies will be determined during the period 23 February
2026 to 11 March 2026. Details of the currency exchange rates applicable for the dividend will be announced to the relevant stock
exchanges.
South32 shareholders registered on the South African branch register will not be able to dematerialise or rematerialise their
shareholdings between 4 March 2026 and 6 March 2026 (both dates inclusive), nor will transfers to or from the South African branch
register be permitted between 26 February 2026 and 6 March 2026 (both dates inclusive).
1. South African dividend tax of 12.44227 South African cents per ordinary share will be withheld from the amount of the gross
interim dividend of 62.21136 South African cents per ordinary share paid to shareholders on the South African branch register at
the rate of 20% unless a shareholder qualifies for an exemption.
2. After the South African dividend tax has been withheld, the net dividend will be 49.76909 South African cents per ordinary share.
3. Australia is the country of source of income, the dividend is regarded as 'foreign' for the purposes of South African dividends tax.
4. South32 had a total of 4,486,485,738 ordinary shares on issue at the dividend determination date of 12 February 2026.
5. The dividend will be paid out of retained earnings.
6. For the avoidance of doubt, South African dividend tax, and therefore the information provided in this announcement, is of only
direct application to shareholders on the South African branch register.
Shareholders on the South African branch register should direct any questions regarding the application of the South African dividend
tax to Computershare Investor Services online at www.computershare.com/za or by calling +27 (0) 86 110 0950.
Holders of shares dematerialised into STRATE should contact their Central Security Depository Participant (CSDP) or stockbroker.
For further dividend information, contact Computershare on smart number 0861 100 950 or visit our website (www.south32.net).
Registered Office Level 2, 100 St Georges Terrace, Perth WA 6000, Australia
ABN 84 093 732 597 Registered in Australia 1
Dividend timetable
Announce currency conversion into South African rand 27 February 2026
Last day to trade cum dividend on the Johannesburg Stock Exchange (JSE) 3 March 2026
Ex-dividend date on the JSE 4 March 2026
Ex-dividend date on the ASX and London Stock Exchange (LSE) 5 March 2026
Record date (including currency election date for ASX) 6 March 2026
Payment date 2 April 2026
About us
Our purpose is to make a difference by developing natural resources, improving people's lives now and for generations to
come. We are trusted by our owners and partners to realise the potential of their resources. We produce minerals and
metals critical to the world's energy transition from operations across the Americas, Australia and Southern Africa and we
are discovering and responsibly developing our next generation of mines. We aspire to leave a positive legacy and build
meaningful relationships with our partners and communities to create brighter futures together.
Investor Relations Media Relations
Ben Baker Jamie Macdonald
T +61 8 9324 9363 T +61 8 9324 9000
M +61 403 763 086 M +61 408 925 140
E Ben.Baker@south32.net E Jamie.Macdonald@south32.net
Further information on South32 can be found at www.south32.net.
JSE Sponsor: The Standard Bank of South Africa Limited
27 February 2026
2
Date: 27-02-2026 09:27:00
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