19 AUGUST 2021

CHANGES RELATING TO BUY-BACK (APPENDIX 3D)

South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) advises that a 'Changes relating to buy-back' form (Appendix 3D) is lodged on the Australian Securities Exchange today and voluntarily disclosed on the Johannesburg Stock Exchange and London Stock Exchange by way of submission to the National Storage Mechanism and will shortly be available for inspection at:

https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

About us

South32 is a globally diversified mining and metals company. Our purpose is to make a difference by developing natural resources, improving people's lives now and for generations to come. We are trusted by our owners and partners to realise the potential of their resources. We produce bauxite, alumina, aluminium, metallurgical coal, manganese, nickel, silver, lead and zinc at our operations in Australia, Southern Africa and South America. With a focus on growing our base metals exposure, we also have two development options in North America and several partnerships with junior explorers around the world.

Further information on South32 can be found at www.south32.net.

Approved for release by Graham Kerr, Chief Executive Officer 
JSE Sponsor:  UBS South Africa (Pty) Ltd
19 August 2021