DEALING IN SECURITIES

Summary by AI ^BETAClose X

Seamus French, a Non-Executive Director of Thungela Resources, sold 10,000 ordinary shares on March 24, 2026, for R166.58 per share, totaling R1,665,800. This transaction was conducted on the market and the director's interest is direct and beneficial, with clearance obtained.

Disclaimer*

Thungela Resources Limited

30 March 2026

Thungela Resources Limited

Incorporated in the Republic of South Africa

Registration number: 2021/303811/06

ISIN: ZAE000296554

JSE share code: TGA

LSE share code: TGA

("Thungela Resources" or "Company")

DEALING IN SECURITIES BY NON-EXECUTIVE DIRECTOR

In compliance with paragraphs 6.77 to 6.80 of the Listings Requirements of the JSE Limited, the following information is disclosed:

Director	:	Seamus French
Company	:	Thungela Resources
Date of transaction	:	24 March 2026
Class of securities	:	Ordinary shares
Nature of transaction	:	On-market sale of ordinary shares
Number of securities	:	10,000
Price per share	:	R166.58
Total value of transaction	:	R1 665 800
Nature of interest	:	Direct, beneficial
Clearance obtained	:	Yes

UK Financial adviser and corporate broker

Panmure Liberum Limited

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Johannesburg

30 March 2026

Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name		Seamus French
2	Reason for notification
a.	Position/Status		Non-Executive Director / PDMR
b.	Initial notification/Amendment		Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name		Thungela Resources Limited
b.	LEI		213800EGYK3BN3SRIF27
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	Ordinary shares of no par value ISIN: ZAE000296554 SEDOL: BMV3M27
b.	Nature of the transaction	Sale of Shares
c.	Price(s) and volume(s)	Volume Price (ZAR) 10000 166,58
d.	Aggregated information - Aggregated Volume - Price	Price: ZAR166,58 Volume: 10000 ZAR 1 665 800
e.	Date of the transaction	24 March 2026
f.	Place of the transaction	XJSE

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