Exxaro awards LTIP shares to executives and directors

Exxaro Resources (JSE:EXX) announced the conditional award of LTIP shares to its key personnel under the company’s Long Term Incentive Plan. The awards, granted on May 13, 2025, are contingent upon the achievement of Exxaro Group performance targets over a three-year period (01/01/2025 to 31/12/2027). These targets encompass growth in Return on Capital Employed (ROCE), Total Shareholder Return (TSR), and Environmental, Social, and Governance (ESG) achievements.