Royal Bafokeng Platinum Limited announced that Shareholders are referred to the SENS announcements published on 26 September 2022 and 2 December 2022 wherein shareholders were advised that due to the ongoing process regarding the mandatory offer ("Implats Offer") by Impala Platinum Holdings Limited ("Implats"), the board of directors of RBPlat (the "Board") resolved to pause the appointment of a full-time chief financial officer ("CFO") and executive director until the conclusion of the Implats Offer and the Board has clarity on the direction of the Company. The Board, accordingly extended the period during which Ms Rotshidzwa Manenzhe fulfils the role of interim CFO to 30 June 2023. Due to the ongoing Implats Offer, the Board has decided to continue to pause the appointment of a full-time CFO and executive director until the conclusion of the corporate action and the Board has clarity of the direction of the Company.

The Board, together with the audit and risk committee, having considered the requirements of the Company with regards to its financial director, as well as Ms Manenzhe's familiarity and experience with the Group's financial requirements, has extended the period during which Ms Manenzhe fulfils the role of interim CFO to 31 December 2023. The Company has obtained formal dispensation from the JSE in this regard.