MERAFE RESOURCES LIMITED - Further update on engagements with Eskom and the consultation process in terms of Section 189 of the LRA

Further update on engagements with Eskom and the consultation process in terms of Section 189 of the LRA

MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE and A2X share code: MRF
ISIN: ZAE000060000
("Merafe")

FURTHER UPDATE ON ENGAGEMENTS WITH ESKOM AND THE CONSULTATION PROCESS IN
TERMS OF SECTION 189 OF THE LABOUR RELATIONS ACT

Shareholders of Merafe ("Shareholders") are referred to the announcement published on SENS on
31 March 2026, wherein Shareholders were advised of, inter alia, a further extension to the
termination date of the consultation process undertaken pursuant to sections 189 and 189A of the
Labour Relations Act, 66 of 1995, from 31 March 2026 to 7 April 2026 ("Termination Date"), as a result
of the continued engagements with Eskom Holdings SOC Limited ("Eskom") and the South African
government.

Shareholders are hereby advised that, at Eskom's request, the Glencore-Merafe Chrome Venture has
agreed to a further extension of the Termination Date to 9 April 2026.

Further updates will be shared as soon as new information becomes available.


Sandton
7 April 2026

Sponsor
One Capital

Date: 07-04-2026 02:40:00
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