Withdrawal of cautionary announcement IMPALA PLATINUM HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1957/001979/06) JSE Share code: IMP ISIN: ZAE000083648 ADR code: IMPUY (“Implats” or the “Company”) WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT Implats shareholders are referred to the joint cautionary announcement released on SENS by the Company and Royal Bafokeng Platinum Limited (“RBPlat”) on 27 October 2021 (“Joint Cautionary Announcement”) and the withdrawal of cautionary published by RBPlat today, 9 November 2021, in terms of which RBPlat stated that it has been informed by its single largest shareholder, Royal Bafokeng Holdings Limited (“RBH”), that it is no longer supportive of the transaction referred to in the Joint Cautionary Announcement and that in so far as it holds shares in RBPlat, it will vote against the proposed scheme of arrangement referred to in the Joint Cautionary Announcement. As the scheme of arrangement cannot be implemented without the support of RBH, Implats will no longer be pursuing the transaction as referred to in the Joint Cautionary Announcement and therefore caution is no longer required to be exercised by Implats shareholders when dealing in securities of the Company. Director responsibility statement The board of directors of Implats, individually and collectively, accept full responsibility for the accuracy of the information contained in this announcement and certify that, to the best of their knowledge and belief, such information is true and that this announcement does not omit any facts that would make any of the information false or misleading. The board of directors of Implats have made all reasonable enquires to ascertain that no facts have been omitted and that this announcement contains all information required by law. Johannesburg 9 November 2021 Financial Advisor to Implats Macquarie Advisory and Capital Markets South Africa (Pty) Ltd Legal Advisor to Implats Alchemy Law Africa Sponsor to Implats Nedbank Corporate and Investment Banking, a division of Nedbank Limited Queries: Johan Theron E-mail: johan.theron@implats.co.za T: +27 (0) 11 731 9013/43 M: +27 (0) 82 809 0166 Emma Townshend E-mail: emma.townshend@implats.co.za T: +27 (0) 21 794 8345 M: +27 (0) 82 415 3770 Alice Lourens E-mail: alice.lourens@implats.co.za T: +27 (0) 11 731 9033/43 M: +27 (0) 82 498 3608 Date: 09-11-2021 09:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.