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Notification of an acquisition of beneficial interest in securities by JPMorgan Chase & Co.
Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
("Sibanye-Stillwater" or the "Group" or the "Company")
Website: www.sibanyestillwater.com
Notification of an acquisition of beneficial interest in securities by JPMorgan Chase & Co.
Johannesburg, 28 April 2026: In accordance with section 122(3)(b) of the Companies Act 71 of
2008 (the Act), Regulation 121(2)(b) of the Companies Act Regulations, 2011 and paragraph
3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that
Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) has received formal notification that
JPMorgan Chase & Co. has, in aggregate, acquired an interest in the ordinary shares of the
Company such that the total interest held by JPMorgan Chase & Co. now amounts to 5.66% of the
total issued ordinary shares of Sibanye-Stillwater.
Sibanye-Stillwater has, in terms of section 122(3)(a) of the Act, which requires any company
that receives notification of a change in beneficial interest in its securities, whether
through acquisition or disposal, to file the required notice with the Takeover Regulation
Panel.
The Board of directors of Sibanye-Stillwater accepts responsibility for the information
contained in the announcement, having received the forms TRP121.1 from JPMorgan Chase & Co.
and to the best of their respective knowledge, believes the information contained in the
announcement is accordingly true and does not omit anything likely to affect the importance
of the information contained in this announcement.
About Sibanye-Stillwater
Sibanye-Stillwater is a global mining and metals processing group with a diverse portfolio of operations,
projects and investments across five continents. The Group is also one of the foremost global recyclers
of a suite of metals and has interests in leading secondary mining operations.
Sibanye-Stillwater is one of the largest producers and refiners of platinum group metals (PGMs: platinum,
palladium, rhodium, iridium and ruthenium) and is a top-tier gold producer. It also produces nickel,
chrome, copper, silver, cobalt and zinc. The Group has also diversified into mining and processing
battery metals and has increased its presence in the circular economy by expanding its recycling and
secondary-mining exposure globally. For more information, see www.sibanyestillwater.com.
Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Executive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com
LinkedIn: https://www.linkedin.com/company/sibanye-stillwater
Facebook: https://www.facebook.com/SibanyeStillwater
YouTube: https://www.youtube.com/@sibanyestillwater/videos
X: https://twitter.com/SIBSTILL
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
DISCLAIMER
FORWARD LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of the "safe harbour" provisions
of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements
of historical fact included in this presentation may be forward-looking statements. Forward-looking
statements may be identified by the use of words such as "will", "would", "expect", "forecast",
"potential", "may", "could", "believe", "aim", "anticipate", "intend", "target", "estimate" and words of
similar meaning.
These forward-looking statements, including among others, those relating to Sibanye Stillwater Limited's
(Sibanye-Stillwater or the Group) future financial position, business strategies and other strategic
initiatives, business prospects, industry forecasts, production and operational guidance, climate and
ESG-related targets and metrics, and plans and objectives for future operations, project finance and the
completion or successful integration of acquisitions, are necessarily estimates reflecting the best
judgement of Sibanye-Stillwater's senior management. Readers are cautioned not to place undue reliance
on such statements. Forward-looking statements involve a number of known and unknown risks, uncertainties
and other factors, many of which are difficult to predict and generally beyond the control of Sibanye-
Stillwater that could cause its actual results and outcomes to be materially different from historical
results or from any future results expressed or implied by such forward-looking statements. As a
consequence, these forward-looking statements should be considered in light of various important factors,
including those set forth in Sibanye-Stillwater's 2025 Integrated Report and annual report on Form 20-F
filed with the Securities and Exchange Commission (SEC) on 24 April 2026 (SEC File no. 333-234096). These
forward-looking statements speak only as of the date of this presentation. Sibanye-Stillwater expressly
disclaims any obligation or undertaking to update or revise any forward-looking statement (except to the
extent legally required).
Websites
References in this announcement to information on websites (and/or social media sites) are included as
an aid to their location and such information is not incorporated in, and does not form part of, this
announcement.
Date: 28-04-2026 10:17:00
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