Total Voting Rights and Issued Share Capital

2 November 2020

TOTAL VOTING RIGHTS AND ISSUED CAPITAL

South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32 or 'the Company') advises in accordance with the Financial Conduct Authority's (FCA) Disclosure Guidance and Transparency Rule 5.6.1, that as of 31 October 2020 the:

·      Company's issued share capital consists of 4,836,946,263 Ordinary shares, each with one vote

·      Company does not hold any shares in Treasury

The above figure of 4,836,946,263 may be used by shareholders as the denominator for the calculation by which they can determine whether they are required to notify their interest in, or a change of their interest in, the Company under the FCA Disclosure Guidance and Transparency Rules.

About South32

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, energy and 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.

JSE Sponsor:  UBS South Africa (Pty) Ltd
2 November 2020