Investor Presentaiton

OVERVIEW OF OUR OPERATIONS INDUSTRY LEADING GROUP SAFETY PERFORMANCE PAN AFRICAN RESOURCES "Notwithstanding the fact that injury rates are well below industry average, we continuously strive to improve our safety performance and achieve our aim of zero harm to our employees" - Cobus Loots, CEO Barberton Mines achieved 3 million fatality free shifts during June 2020 Rates per million man hours 6 5 4 3 2 1 0 4,01 4,67 3.96 5,22 4,05 4.44 3,60 VVOJ. 2,08 1,61 H1 2016 H1 2017 LTIFR 15 *Industry rates not available yet ப RIFR 0,62 H1 2018 1,77 ■Industry LTIFR 0.53 1,69 0,85 H1 2019 H1 2020*

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