Section 122 Notice and Voting Rights Declaration

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

ISIN: ZAE000013181

("the Company" or "Valterra Platinum")

3 June 2025

Notice of disposal of beneficial interests in the securities of the Company in terms of Section 122 of the Companies Act and announcement of total voting rights

South Africa - Section 122 Notice

Shareholders are referred to the announcements released by the Company and Anglo American plc ("Anglo American") on 2 June 2025 in connection with the completion of the demerger of Valterra Platinum on 31 May 2025. In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 (the "Companies Act"), and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that Anglo American International Limited ("AAI") (a wholly-owned subsidiary of Anglo American) has notified the Company that it has disposed of securities pursuant to the demerger of Valterra Platinum such that it now holds 15.35% of the issued securities of the Company. Following completion of the demerger, Anglo American continues to hold an approximate 19.9% interest in the voting shares of Valterra Platinum , which includes the AAI interest as well as the interests of Epoch Investment Holdings (RF) Proprietary Limited, Epoch Two Investment Holdings (RF) Proprietary Limited and Tarl Investment Holdings (RF) Proprietary Limited (all three of which are investment companies within the Anglo American group). As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notices with the Takeover Regulation Panel.

United Kingdom - Total Voting Rights

In addition, the following notification is made in accordance with the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rule 5.6. As of 3 June 2025, the issued share capital of Valterra Platinum was 265,292,206 ordinary shares with a par value of 10 cents (South African) each. Valterra Platinum holds 2,721,405 shares in treasury which do not carry voting rights. The total number of voting rights in Valterra Platinum is therefore 262,570,801 and this information may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, Valterra Platinum under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Responsibility statement

The board of directors of the Company (the "Board"), individually and collectively, accepts responsibility for the accuracy of the information contained in this announcement which relates to the Company. To the best of the Board's knowledge and belief, the information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of such information.

JSE sponsor:

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

For further information, please contact:

Investors:

Theto Maake

[email protected]

Marcela Grochowina

[email protected]

Media:

Cindy Maneveld

[email protected]

About Valterra Platinum

Valterra Platinum Limited 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. With a portfolio of world class, long-life mines and the most efficient processing assets in the industry, we responsibly mine, smelt and refine PGM's and associated co-products from our operations located in South Africa and Zimbabwe. Our fully integrated value chain is supported by marketing hubs in London, Singapore and Shanghai to deliver tailored solutions for our customers. The Company will continue to integrate sustainability into everything it does, support investment in its mining and processing capabilities, promote market development activities to grow and commercialise new demand segments, continue to make a meaningful impact to the communities around our operations and return consistent and superior returns to shareholders. Valterra Platinum is committed to zero harm, capital allocation discipline and delivering on our value-accretive strategic priorities as a standalone, leading integrated PGM producer, guided by our purpose of unearthing value to better our world.

Disclaimer

The Company makes no representation or warranty as to the appropriateness, accuracy, completeness or reliability of the information in this announcement.

This announcement is for information purposes only and is not intended to and does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security. No offer of shares will be made as part of the demerger of the Company from the Anglo American Group (the Demerger) or in connection with the admission of the Company's ordinary shares (Admission) to the Equity Shares (International Commercial Companies Secondary Listing) category of the Official List of the Financial Conduct Authority (FCA) and to trading on the LSE's Main Market for listed securities and the prospectus published by the Company on 8 April 2025 (the Prospectus) was published solely in connection with the Demerger and Admission.

The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and neither the Anglo American Group nor the Company intend to make a public offer of securities in the United States.