Harmony Gold Mining : secures regulatory approvals for the expansion of its Kareerand tailings storage facility project

Harmony Gold Mining Company Limited

Registration number 1950/038232/06

Incorporated in the Republic of South Africa

ISIN: ZAE000015228

JSE share code: HAR ("Harmony" or "the Company")

HARMONY SECURES REGULATORY APPROVALS FOR THE EXPANSION OF ITS KAREERAND TAILINGS

STORAGE FACILITY PROJECT

Capital allocated to reduce environmental footprint, lowering risk and improving margins

Johannesburg, Tuesday, 14 June 2022. Harmony Gold Mining Company Limited ("Harmony" and/or "the Company") is pleased to announce that key regulatory approvals were obtained to allow the Company to proceed with its Kareerand expansion project to ensure the continued retreatment of surface depositions at Mine Waste Solutions.

Mine Waste Solutions was acquired by Harmony in October 2020. It is a reclamation operation in the Stilfontein/Orkney area in the North West province in South Africa, which treats 2.2 million tonnes per month from historical tailings facilities through the Mine Waste Solution plant. Residue is then deposited on the existing Kareerand tailings storage facility, which is running out of tailings deposition capacity, thus necessitating building an extended tailings dam ("the Kareerand Expansion Project").

The	Kareerand Expansion Project	is expected	to produce approximately
100	000 ounces of gold per annum and add 16 years' life of mine at an estimated
all-in sustaining cost of about	R572 000/kg over the life of the mine - lowering
the risk profile of Harmony's	asset	portfolio and	improving its margin as a
result.

"The Kareerand Expansion Project is yet another example of "Mining with Purpose." This low risk, low cost operation will ensure healthy returns for investors, the creation of jobs for another 16 years and the rehabilitation and restoration of land in the area," said Peter Steenkamp, Harmony's chief executive officer.

Ends.

For more details contact:

Jared Coetzer

Head of Investor Relations [phone]

14 June 2022

Sponsor:

J.P. Morgan Equities South Africa Proprietary Limited.