Tharisa plc

(Incorporated in the Republic of Cyprus with limited liability)

(Registration number HE223412)

JSE share code: THA

LSE share code: THS

A2X share code: THA

ISIN: CY0103562118

LEI: 213800WW4YWMVVZIJM90

('Tharisa' or the 'Company')

Loss of Life IncideNt at Tharisa Mine

Tharisa, the platinum group metals ('PGMs') and chrome co-producer dual-listed on the Johannesburg and London stock exchanges, regrets to advise that Legohu Raymond Mothapo lost his life on Friday, 21 October 2022.

A mechanic at the Tharisa Minerals mining operation for over 11 years, Raymond was involved in a very serious accident in the open pit on the evening of Tuesday, 18 October 2022. After managing to stabilise him, he was airlifted to hospital and underwent several surgeries in an effort to save his life. Despite heroic efforts by colleagues, medical personnel on site and in the hospital, Raymond succumbed to his injuries during the night of 21 October 2022.

The Tharisa family extends their deepest condolences to the family and colleagues of the deceased. Tharisa has and will continue to provide all necessary support to the family of the employee.

All relevant authorities have been notified since the accident and investigations are continuing.

Paphos, Cyprus

24 October 2022

JSE Sponsor

Investec Bank Limited

Investor Relations Contacts:

Ilja Graulich (Head of Investor Relations and Communications)

+27 11 996 3500

+27 83 604 0820

[email protected]

About Tharisa

Tharisa is an integrated resource group critical to the energy transition and decarbonisation of economies. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. Its principal operating asset is the Tharisa Mine located in the south-western limb of the Bushveld Complex, South Africa. The mechanised mine has a 20-year open-pit life and the ability to extend operations underground by at least an additional 40 years. Tharisa also owns Karo Mining Holdings and Salene Chrome, development stage, low-cost, open-pit PGM and chrome assets respectively, located on the Great Dyke in Zimbabwe. The Company is committed to reducing its carbon emissions by 30% by 2030 and the development of a roadmap is continuing to be net carbon neutral by 2050. Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London Stock Exchange (LSE: THS).