Investor Presentaiton

GROUP CAPITAL EXPENDITURE (ZAR) ZARM 2 000 1 800 1 600 1 400 1 200 1 000 800 600 400 200 0 2017 2018 2019 2020 2021 FC Egoli 70 Elikhulu 1 256,1 534,6 8,6 80 Evander 262,0 342,4 38,1 328,3* 90 BML Expansion 77,9 99,4 89,3 110,3 200 BML Sustaining 116,5 111,0 140,0 186,6 250 *Includes 9A block exploration drilling, osmiridium recovery circuit in plant and critical spares not previously budgeted for 23 23

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