Kumba subsidiary sells shares forfeited under bonus plan

Sishen Iron Ore Company Proprietary Limited, a major subsidiary of Kumba Iron Ore (JSE:KIO), executed an on-market sale of 5,483 ordinary shares on March 31, 2025. The shares were forfeited by a participant of the Bonus and Retention Share Plan (BRP) upon termination of employment prior to vesting, and were sold in compliance with the BRP's regulations. The weighted average selling price was ZAR 311.9139 per share, resulting in a total transaction value of ZAR 1,710,223.91. The highest selling price per share was ZAR 313.06 and the lowest selling price per share was ZAR 310.46.