_____________________________________________________________________________________________________________________________

14 July 2023

Sylvania Platinum Limited

 ("Sylvania", the "Company" or the "Group")

Cancellation of Ordinary Shares

Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer with assets in South Africa, announces that on 13 July 2023, 3,624,275 ordinary shares of $0.01 each ("Ordinary Shares") held in treasury were cancelled.

Following the above cancellation, the Company's issued share capital is 275,375,725 Ordinary Shares, of which a total of 12,315,461 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 263,060,264 Ordinary Shares.

CONTACT DETAILS

CORPORATE INFORMATION

Sylvania Website: www.sylvaniaplatinum.com

About Sylvania Platinum Limited

Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (platinum, palladium and rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects in the Northern Limb of the Bushveld Complex.

For more information visit https://www.sylvaniaplatinum.com/