DRDGOLD LIMITED - DRDGOLD concludes wage negotiations at ERGO operations

DRDGOLD concludes wage negotiations at ERGO operations

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1895/000926/06)
ISIN: ZAE000058723
JSE & A2X share code: DRD
NYSE trading symbol: DRD
("DRDGOLD" or the "Company")

DRDGOLD CONCLUDES WAGE NEGOTIATIONS AT ERGO OPERATIONS

DRDGOLD shareholders ("Shareholders") are referred to the announcements published on SENS on
Wednesday, 17 December 2025 and Thursday, 18 December 2025 regarding the notice received from the
National Union of Mineworkers ("NUM") and the Association of Mineworkers and Construction Union of their intention to
embark on protected strike action from Thursday, 18 December 2025 at the Company's Ergo Mining (Proprietary) Limited
("ERGO") operations ("Strike Action") as well as the subsequent suspension of the Strike Action.

Shareholders are hereby advised that the wage negotiations at the Company's ERGO operations have been finalised,
following the conclusion of a five-year single wage agreement with organised labour. The five-year wage agreement,
signed by the NUM, the majority union in the bargaining unit, applies to all employees regardless of union affiliation.

The agreement provides for:
   • Guaranteed annual wage increases of between 6% and 7.5% over five years, well above current inflation and
     aligned with recent agreements concluded in the gold sector.
   • A new 2% performance-based incentive linked to safety, production and attendance.
   • Improvements to the Living Out Allowance and the interest-free housing support scheme.
   • Backpay from 1 July 2025, payable in terms of the agreement.
   • A R5 000 once-off ex gratia payment to all employees in the bargaining unit.

"This agreement brings much-needed certainty for our employees and for the ERGO operations. It reflects constructive
engagement by all parties and balances meaningful improvements in employee remuneration with the long-term
sustainability of the business. Importantly, it allows us to move forward together, focused on safe, stable operations and
continued value creation," said DRDGOLD CEO, Niël Pretorius.

Johannesburg
2 February 2026

Sponsor
One Capital

Date: 02-02-2026 11:15:00
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