Harmony Gold executives receive significant deferred share awards

Harmony Gold Mining Company Ltd announced today, October 3, 2025, that its executive directors, prescribed officers, and company secretary were awarded deferred shares under the 2018 Harmony Deferred Share Plan. These awards, based on a 5-day volume weighted average price of R263.44 per ordinary share, were granted on September 18, 2025, and accepted on October 2, 2025. The deferred shares will vest in equal tranches over a five-year period for all recipients, except the company secretary whose shares will vest over three years.

Among the recipients, BB Nel, group chief executive officer, received 65,406 deferred shares with a total value of R17,230,556.64. BP Lekubo, financial director, was awarded 40,148 deferred shares, valued at R10,576,589.12. HE Mashego, executive director, received 29,845 deferred shares, totaling R7,862,366.80. These transactions are direct beneficial interests for the directors.

Additionally, several prescribed officers and the company secretary also received awards. AJ Boshoff was granted 33,646 deferred shares (R8,863,702.24), AZ Buthelezi received 28,090 deferred shares (R7,400,029.60), U Govender 20,394 deferred shares (R5,372,595.36), FS Masemula 27,358 deferred shares (R7,207,191.52), JJ van Heerden 39,337 deferred shares (R10,362,939.28), and MP van der Walt 28,090 deferred shares (R7,400,029.60). SS Mohatla, the company secretary, received 13,994 deferred shares valued at R3,686,579.36.