Director/PDMR Shareholding

Valterra Platinum Limited

16 April 2026

 

Valterra Platinum Limited

(previously Anglo American Platinum Limited)

(Incorporated in the Republic of South Africa)

(Registration number: 1946/022452/06)

JSE Share Code: VAL

LSE Share Code: VALT

JSE Debt Issuer Code: VALI

ISIN: ZAE000013181

Income tax number: 9575104717                           

("the Company" or "Valterra Platinum")

16 April 2026

DEALING IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY OF THE COMPANY AND BY DIRECTORS OF A MAJOR SUBSIDIARY

Valterra Platinum hereby advises shareholders of the sale of shares in terms of the Company's Long-Term Incentive Plan ("LTIP") (the "scheme"). This announcement relates to the sale of shares pursuant to the vesting of LTIP awards granted on 14 April 2023. These awards are subject to a three-year holding period and vested on 14 April 2026. In addition to the three-year holding period, the LTIP awards are also subject to stringent performance conditions and vest only if the pre-determined performance conditions are met. The details of the LTIP scheme are set out in the Remuneration Report contained within the Company's 2025 Governance Report available on the Company's website (www.valterraplatinum.com).

The following transactions are on market sales of LTIP shares, associated with the vesting of the share awards after the three-year holding period and the level of performance conditions met, to settle tax obligations associated with the vesting of the share awards:

Director and CEO	:	Craig Miller
Company	:	Valterra Platinum Limited
Transaction Date	:	14 April 2026
Nature of transaction	:	On market sale of LTIP shares vested on 14 April 2026
Class of securities	:	Ordinary shares
Number of securities sold	:	1600
Highest price traded on the day	:	R1581.48
Lowest price traded on the day	:	R1544.84
Volume weighted average price per share	:	R1555.72
Transaction value	:	R2,489,158.72
Nature of interest	:	Direct beneficial
Clearance obtained	:	Yes

Director and CFO	:	Sayurie Naidoo
Company	:	Valterra Platinum Limited
Transaction Date	:	14 April 2026
Nature of transaction	:	On market sale of LTIP shares vested on 14 April 2026
Class of securities	:	Ordinary shares
Number of securities sold	:	318
Highest price traded on the day	:	R1581.48
Lowest price traded on the day	:	R1544.84
Volume weighted average price per share	:	R1555.72
Transaction value	:	R494,720.30
Nature of interest	:	Direct beneficial
Clearance obtained	:	Yes

Director	:	Agit Singh
Company	:	Rustenburg Platinum Mines Limited
Transaction Date	:	14 April 2026
Nature of transaction	:	On market sale of LTIP shares vested on 14 April 2026
Class of securities	:	Ordinary shares
Number of securities sold	:	758
Highest price traded on the day	:	R1581.48
Lowest price traded on the day	:	R1544.84
Volume weighted average price per share	:	R1555.72
Transaction value	:	R1,179,238.94
Nature of interest	:	Direct beneficial
Clearance obtained	:	Yes

Director	:	Yvonne Mfolo
Company	:	Rustenburg Platinum Mines Limited
Transaction Date	:	14 April 2026
Nature of transaction	:	On market sale of LTIP shares vested on 14 April 2026
Class of securities	:	Ordinary shares
Number of securities sold	:	788
Highest price traded on the day	:	R1581.48
Lowest price traded on the day	:	R1544.84
Volume weighted average price per share	:	R1555.72
Transaction value	:	R1,225,910.67
Nature of interest	:	Direct beneficial
Clearance obtained	:	Yes

Director	:	Virginia Tyobeka
Company	:	Rustenburg Platinum Mines Limited
Transaction Date	:	14 April 2026
Nature of transaction	:	On market sale of LTIP shares vested on 14 April 2026
Class of securities	:	Ordinary shares
Number of securities sold	:	764
Highest price traded on the day	:	R1581.48
Lowest price traded on the day	:	R1544.84
Volume weighted average price per share	:	R1555.72
Transaction value	:	R1,188,573.29
Nature of interest	:	Direct beneficial
Clearance obtained	:	Yes

Director	:	Martin Poggiolini
Company	:	Rustenburg Platinum Mines Limited
Transaction Date	:	14 April 2026
Nature of transaction	:	On market sale of LTIP shares vested on 14 April 2026
Class of securities	:	Ordinary shares
Number of securities sold	:	424
Highest price traded on the day	:	R1581.48
Lowest price traded on the day	:	R1544.84
Volume weighted average price per share	:	R1555.72
Transaction value	:	R659,627.06
Nature of interest	:	Direct beneficial
Clearance obtained	:	Yes

Company Secretary	:	Fiona Edmundson
Company	:	Valterra Platinum Limited
Transaction Date	:	14 April 2026
Nature of transaction	:	On market sale of LTIP shares vested on 14 April 2026
Class of securities	:	Ordinary shares
Number of securities sold	:	94
Highest price traded on the day	:	R1581.48
Lowest price traded on the day	:	R1544.84
Volume weighted average price per share	:	R1555.72
Transaction value	:	R146,238.07
Nature of interest	:	Direct beneficial
Clearance obtained	:	Yes

JSE equity sponsor:

Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities

JSE debt sponsor:

The Standard Bank of South Africa Limited

For further information, please contact:

Company Secretary

Fiona Edmundson

[e-mail]

Investors:

Leroy Mnguni

[e-mail]

Marcela Grochowina

[e-mail]

Media:

Cindy Maneveld

[e-mail]

ABOUT VALTERRA PLATINUM

Valterra Platinum is one of the world's leading integrated producers of platinum group metals (PGMs) with a primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange. We operate world class, long-life mines and the industry's most efficient processing assets, responsibly mining, smelting, and refining PGMs and associated co-products from operations located in South Africa and Zimbabwe. With integrated marketing hubs in London, Singapore and Shanghai, we deliver tailored solutions for our customers. We continue to integrate sustainability into everything we do, invest in our mining and processing capabilities and advance market development initiatives to grow and commercialise new demand segments. We make a meaningful impact in the communities where we operate and remain committed to delivering consistent and superior returns to shareholders. Guided by our purpose of unearthing value to better our world, we are committed to zero harm, disciplined capital allocation and delivery on our value-accretive strategic priorities.

 

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