Sibanye Stillwater : ESG scorecard for the long term incentive (LTI) awards

GROUP

SUPPLEMENTARY INFORMATION 2023

ESG SCORECARD FOR THE LONG TERM INCENTIVE (LTI) AWARDS 2021 to 2023

This supplement provides detail of the ESG scorecards for 2021, 2022 and 2023 that determined the ESG component of the performance condition applicable to the LTI awards that vested in March 2024. The ESG scorecard first came into effect in 2021 to track delivery towards our longer-term sustainability and ESG goals, with 2023 being the final year of the first three-year rolling implementation cycle. When the Remuneration Committee introduced an ESG component as a third LTI performance condition for 2021, we chose a phased approach to the implementation of the various ESG priorities. In 2021, a thorough process was undertaken in conjunction with the Social, Ethics and Sustainability Committee to determine an appropriate standalone ESG scorecard to serve this purpose. For the three year cycle ending in 2023, the average result for the ESG scorecard was 119.7%. The scorecard is annually reviewed and the performance independently verified. The ESG scorecard component will continue as part of the long-term incentive plan in the context of our sustainability and ESG priorities for the next three years.

	Theme
	(Weight)
2023	resilient business (40%)
	Climate

	0%	100%	200%	250%
Indicators	Threshold	On target	Stretch	Super stretch	Actual	Rating (%)	Cumulative
performance
Group reduction in GHG emissions (Scope 1 and 2)	>6.920 mtCO2e	6.919 - 6.774	6.773 - 6.629	<6.629mtCO2e	6.630MtCO2e1
The target for 2023 was between a 0% and 2.1% reduction in GHG emissions across the Group.		mtCO2e	mtCO2e
In absolute numbers, this translates to emissions of between 6.830 and 6.687 mtCO2e. The target
was normalised from a carbon budget of between 7.185 and 7.034 mtCO2e to between 6.830						200%
and 6.543 mtCO2e due to an adjustment to the Eskom grid emission factor, the US grid emission
factor and the closure of Kloof 4 Shaft.
See performance detail on page 191 of the Integrated Report 2023.
Reduction GHG emissions intensity (Scope 1 and 2)	SA gold:	SA gold:	SA gold:	SA gold:	SA gold: 0.32
To achieve the following intensities per segment in tCO2e/tonne milled (normalised):	>0.315	0.315-0.308	0.308-0.301	<0.301
				SA PGM: 0.08
• SA gold (weighted per emissions - 54%): 0.306	SA PGM:	SA PGM: 0.0814	SA PGM: 0.0797	SA PGM:
	0%
• SA PGM (weighted per emissions - 42%): 0.079	>0.0814	- 0.0797	- 0.0780	<0.0780	US PGM: 0.17
• US PGM (weighted per emissions - 4%): 0.161	US PGM: >0.228	US PGM: 0.228 -	US PGM: 0.223 -	US PGM: <0.218
See performance detail on page 191 of the Integrated Report 2023.	Achieved	0.223	0.218
Water-use efficiency (SA region)	SA gold:	SA gold:	SA gold:	SA gold:	SA gold: 227ML
• SA gold: Reducing potable water purchases by 800ML from a baseline in 2022 of 5,351ML	<800ML	800-879ML	880-959	>=960 ML	SA PGM:		83%
				0%
• SA PGM: Reducing potable water purchases by 361ML from a baseline in 2022 of 12,051ML	SA PGM:	SA PGM:	SA PGM:	SA PGM:
No reduction
See performance detail on page 199 of the Integrated Report 2023.	<361ML	361-396 ML	ML397-432 ML	>=433 ML	achieved
Improvement in water quality (US region)	Shortfall of	Met the	Met the	2% reduction	East Boulder
• Complete East Boulder thickener optimisation and reagent automation	indicator	indicators	indicator and	of in-stream	thickener
		complete a	nitrogen load at	optimisation
• Complete Benbow long-term water treatment evaluation study
		predictive water	monitoring sites	project not	0%
• Drill and commission additional in-situ treatment wells at Stillwater mine			and mass	(compared to	completed
See performance detail on page 201 of the Integrated Report 2023.			balance models	three year
			baseline
				2019-2022)
Net reduction in biodiversity footprint	Target not	Science based	Full species	Target to	Target not
The setting of a science-based numerical target to limit positive biodiversity footprint	completed	targets finalised	assessment	include longer	developed
		completed, to	term trajectory
reduction and increase biodiversity restoration aspirations.
		improve the	for next 5 years		0%
See performance detail on page 209 of the Integrated Report 2023.
		baseline for SA	and BDP
			and US	assessment
				finalised for EU

1

GROUP

SUPPLEMENTARY INFORMATION 2023

	Theme	Indicators
	(Weight)
	business		Responsive, proactive and responsible supply chains
		Increase contract coverage to 55% of our discretionary spend with service providers
2023	resilient	(40%)	See performance detail on page 227 of the Integrated Report 2023.
Reduction in risk presented by tailing storage facilities (TSFs)
			All "Very high" or "Extreme" consequence TSFs to be compliant to the Global industry standards
	Climate		on tailings management (GISTM) by 5 August 2023 as per commitment made as a member of
		the International Council on Mining and Metals (ICMM)2
		See performance detail on page 207 of the Integrated Report 2023. Also see our tailings
		management coverage on our website, www.sibanyestillwater.com/sustainability/
			environment/tailings-management/
			Increase in concurrent rehabilitation (SA region)
	(30%)		R293.7m reduction of the independently verified and assured closure liability from the
		2022 base year in alignment with regional socially integrated and aligned closure plans
2023	sustainabilityeconomic		adjusted for inflation and anomalous closure liability increases.
	Socioeconomic development economies (SA region)
			Increase in concurrent rehabilitation (US region)
			Complete 2023 closure work plan
			• Benbow interim reclamation scope (Portal pad stormwater drainage and lay down
			yard reclamation)
			• Stage 6 final slope reclamation (2023 scope)
			• Nye tailings storage facility capping (2023 scope)
			See performance detail on page 211 of the Integrated Report 2023.
	term		To continue with implementation of 2022 projects
		Benchmark: 2022 Social return on investment (SROI) of R8.00 and income multiplier of R4.00
	Long
		Target: >R8.00 annual SROI in socioeconomic development investment

See performance detail on page 219 of the Integrated Report 2023 and the supplementary Impact report,www.sibanyestillwater.com/news-investors/reports/annual/.

Threshold	On target	Stretch	Super stretch	Actual	Rating (%)	Cumulative
performance
>55%	55%-59%	60%-64%	<65%	55.9%
					100%
Not meeting	Meet indicator	Meet indicator	N/A	Met indicator
indicator	by 05 August	and all		and all		83%
	2023	remaining (high		remaining TSFs
		and lower		compliant to
		consequence		the GISTM at	200%
		TsFs to be		year end
		compliant
		GISTM by 31
		December 2023
SA region:	SA region:	SA region:	SA region:	SA Region:
R122.8m	R124m	R140m	R155.4m	R603m
			US region:	reduction
			achieved
			Complete the
US region:	US region:	US region:	2023 work plan	US Region:
and prepare	Met on target
Not met	Complete 2023	Complete 2023	TSF water	indicator	175%
indicators	closure work	closure work	infrastructure
		and the water	RFP
		management
		infrastructure
		final				137.5%
		engineering
		design for NYE
		TsF
Not achieve	Meet indicator	5%-10%	10-20% increase	R15.33 SROI
indicator		increase		and R4,58
				income
				multiplier	100%

2

GROUP

SUPPLEMENTARY INFORMATION 2023

Theme	Indicators	Threshold
(Weight)

		Increase in human rights engagement indicators	Not meeting
		• To continue Human rights due diligence project and implementation of action plans	indicator
		identified by study1 - establishing human rights due diligence benchmark indicators
		• Zero human rights violations committed by Protection services employees
	out (25%)	See performance detail on page 226 of the Integrated Report 2023.
	and	Increase in equity and inclusion indicators	>2%
2023	inside	• 2% increase in women in mining across the Group and senior management levels
See performance detail on page 155 of the Integrated Report 2023.
	rights	Influence the increase of health resilience indicators of our people and our	Not meeting
	communities	indicator
	Human	100% annual remeasurement of World Health Organisation-5 against 2022 baseline
	determination across 3 jurisdictions2
		See performance detail on page 139 of the Integrated Report 2023.
		Increase in awareness of safety as a philosophy and system to reduce fatalities	No
		• Group Total recordable injury frequency rate (TRIFR) of 4.84 to be achieved	improvement
		on TRIFR

• 40% of stoppages of unsafe workplaces (by frontline supervision and crews)	>20%
See performance detail on pages 132 and 133 of the Integrated Report 2023.

On target	Stretch	Super stretch	Actual	Rating (%)	Cumulative
performance
Meet indicator	Meet indicator	Meet indicator	Met on target
	and train 5% of	and train 20%	indicator
	frontline	of frontline
	employees on	employees on
	human rights	human rights		100%
	obligations	obligations
	(baseline 5,619).	(baseline 5,619).
	Achieve a 100%	Complete
	of training of	Human rights
	security	due diligence in
	employees	three regions
2%	2.5%-3%	Above 3%	1.04%
				0%
					65%
Meet indicator	≥0.5%	≥0.1%	Met on target
	improvement of	improvement of	indicator
	self-perceived	self-perceived		100%
	psychological	psychological
	well-being	well-being
	(2022 baseline)	(2022 baseline)
4.84	4.36	4.11	TRIFR: 5.24
			59% stoppages
40%	50%	55%		125%

2023	Data driven decision making (5%)

Increase in robustness integrity of global governance framework

• Operationalising the corporate governance framework across regions
• ISO27001 certification certificate and continued compliance assessment reports See performance detail on pages 25 and 32 of the Integrated Report 2023.

Not meeting indicator

Framework	N/A	N/A	Met on target
operationalised			indicators
ISO 27000			100%	100%
certified

1 Excluding AUS and EU regions 2 Excluding AUS region

Overall score achievement

95.8%

3

GROUP

SUPPLEMENTARY INFORMATION 2023

	Theme
	(Weight)
2022	resilient business (40%)
	Climate change

Indicators	Threshold	On target	Stretch	Super stretch	Actual	Rating (%)	Cumulative
performance
Group reduction in GHG emissions (Scope 1 and 2)	≥6.961 mtCO2e	≤6.961 -≥6.798	≤6.798 -≥6.636	≤6.636 mtCO2e	6,686 mtCO2e
• Limiting GHG emissions to the 2022 carbon budget for externalities: 6.961mtCO2e		mtCO2e	mtCO2e
• Target was normalised from a carbon budget of 7.734 to 6.961 mtCO2e due to an						200%
adjustment to the Eskom emission factor, the SA gold strike and exclusions relating to DRD
Gold
Reduction in water intensity (SA region)	≤15%	≥15% - <20%	≥20% - <25%	≥25%	SA Region:
• Reduce overall reliance on the Integrated Vaal river system in respect of external potable					37% (4,061Ml)
water infrastructure by 15%. Absolute number of 2,945ML from 2020 base year adjusted for
production anomalies					US Region:	125%
Improvement in water quality (US region)
				Target not
• 10% improvement in ammonia treatment efficiency at Stillwater mine	≤10%	≥10% - ≤15%	≥15% - <20%	≥20%
achieved
(nitrification expansion). From a baseline set at 2021 average at year end							114,5%
Responsive, proactive and responsible supply chains	Not meeting	Meet indicators	≥65% -<70%	≥≥70% 70%	51% contracted
indicators				spend
• 60% contracted spend with service providers, fully aligned to Supplier sustainability ratings			≥200% - <300%	≥300%	Less than 100%
indicators (ethics, labour, health and safety, environment)			increase in
• 100% increase in collecting supplier ESG information from 2021 baseline (980 suppliers)			EITI	EITI	supplier ESG	33%
regarding priority metals sourcing and processing responsible alignment			info
		implemented	implemented
• 2022 completion of baseline outcome of EITI standards to be implemented within our value			EITI target
		in value chain	in value chain
		achieved
chains over the next three years			over two years	over two years
Reduction in risk presented by tailings storage facilities	<13	≥13 - <16	≥16 <20	≥20	15
• 13 of the 20 active TSFs with a "Very High" or "Extreme" consequence classification to be						100%
compliant to the GISTM

4

GROUP

SUPPLEMENTARY INFORMATION 2023

Theme (Weight)

2022	economic sustainability (30%)
	Long term

2022	Human rights inside and out (25%)

Indicators

Increase in concurrent rehabilitation (SA region)

• R400m or 4% reduction of the independently verified and assured closure liability from the 2021 base year in alignment with regional socially integrated and aligned closure plans adjusted for inflation and anomalous closure liability increases

Increase in concurrent rehabilitation (US region)

• Achieve 100% of the annual work plan

Increase in stakeholder perception matrix

• Improvement from 2018 baseline on the Stakeholder Perception Index (≥ 40% - <50% rating achieved in Stakeholder Perception Index)

Percentage aligned socioeconomic alternatives

• Bokamoso Ba Rona(BBR) pilot project of agri-industrial hub
• Beatrix social closure pilot of integrated Environmental and Social closure plans
• Development and implementation of site specific integrated environmental and social closure plans across all Sibanye-Stillwater operations

Increase in Human rights engagement indicators

• Human Rights Due Diligence Framework (HRDDF) completed, and baseline established
• Zero human rights violations committed by Protection Services employees

Threshold		On target		Stretch		Super stretch		Actual	Rating (%)	Cumulative
				performance
<>		≥R400m -		≥R450m -		≥R500m		SA region:
		<>		<>				R717m
		Meet indicator		Meet indicator		Meet indicator,		US region:
		and approval		and closure		with stretch		Met on target
		of Benbow, Nye		workplan and		requirement		indicator	175%
		and Met		geomorphic		and engage
100%		complex		land		non GNA
		closure plans		reclamation		stakeholders on
		with confirmed		assessment for		closure plan
		US$ closure		Benbow
		provision
≤ 40% rating		Meet indicator		≥ 50% - <55%		≥ 55% rating	%
				rating and no		achieved		rating not
				work stoppage				calculated	0%	91.7%
				disruptions at
				operations
Non delivery on		Delivery on BBR		≥R150 m -		≥R200m spent		Met on target
projects		project				on socio-		indicator
		Successful		on socio-		economic
			economic		programmes
		development
			programmes
		of Beatrix social
			Government					100%
		closure pilot		buy-in and
		and
			acceptance of
		establishment
			social closure
		of Social
			frameworks
		Closure
		Framework
HRDDF not		HRDDF		HRDDF		HRDDF		HRDDF not
completed, no		completed and		completed,		completed,		completed
baseline		baseline		baseline		baseline		Zero violations
established		established		established and		established and		reported	50%	163.0%
Violations		Zero violations		actions <50%		actions >50%
		addressed	-100%
reported		reported
				addressed

5

GROUP

SUPPLEMENTARY INFORMATION 2023

Theme (Weight)

2022	inside and out (25%)
	Human rights

2022	Data-driven decision making (5%)

Indicators		Threshold	On target	Stretch	Super stretch	Actual	Rating (%)	Cumulative
	performance
Increase in equity and inclusion indicators	<4% increase	Meet indicator	>4%<5% increase	<5% WiM	1.55% increase
• Increase of 4% in the number of women in our senior levels (D-band and above) for the	in WiM		in WiM		in WiM
		100% gender	No 250%
Group and 5% increase in WiM at all levels of operation (in line with our WiM plan)
<100% gender		measure for pay	100% pay parity
	pay parity
		pay parity		parity
• 100% gender pay parity across all of our areas of operation		and increased
			Bursaries Youth
				frequency of
		Bursaries:		Bursaries:	100% Women
Bursaries and Learnerships (SA region)		monitoring pay
Youth <70%		Youth ≥77%	48% HDP 91%
• Bursaries intake - youth (70% of intake), women (35% of intake), historically disadvantaged		Bursaries:
Women <35%		Women ≥38.5%
people (60% of intake)	HDP <60%		Youth >75%<77%	HDP (≥66%	Learnerships	150%
				Women		Youth 55%
				>37%<38.5% HDP
• Learnerships intake - youth (50% of intake), women (30% of intake), historically	Learnerships:		Learnerships:	Women 34% HDP
	>63%<66%%
disadvantaged people (60% intake)	Youth <50%		Youth ≥55%	99%
Women<30%		Learnerships:	Women ≥33%
		HDP <60%		Youth	HDP ≥66%
				>52.5%<55%
				Women
				>32%<33%
				HDP>63%<66%				163.0%
Increase in awareness of safety as a philosophy and system to reduce fatalities	TRIFR -	Meet indicator	≤ 5.10 ≥5.37	≤ 5.1	TRIFR:5.07
• TRIFR achievement of ≥5.37 - >5.9	no improvement				98.6% employees
on 2021				signed
• ≥90% - < 95% of employees signed a moral commitment to uphold critical control and	<90%		≥95% - < 98%	98% - <100%	commitment	250%
behaviours by end of 2022				46.9% self
				stoppages
• Design and implement a system to monitor safety stoppages	No system		20%	40%
Increase in health resilience indicators of our employees and door-step	Not meet	Meet indicator	WHO-5 well-	Action	WHO-5:
communities	indicator		being index	framework for	On target
• 100% implementation of WHO 5 baselines across three jurisdictions			assessment	improving	indicator met
		results applied to	mental health	98.5% employees
• ≥80% - <85% access to Universal health care coverage (UHCC)			recommend	across 3 regions
		registered on
		action	≥90%	175%
				accredited
				framework for
					medical scheme
				improving
				employee
				mental health
				across 3 regions
				≥85%- <90%
Increase in robustness integrity of Group governance framework	No	≥ 80% - <90%	≥ 90% - <100% of	100% of Key	Key policies: Met
• 80% implementation, awareness and training of key policies (which were defined by the	implementation	of key policies	key policies	policies have	on target
of key policies	implemented	implemented	been	indicator
Policy approval committee) within new areas of operation within six months
Certification not	Certification	and evidence	implemented	ISO 27001
		obtained	that employees	and evidence	certification not
• ISO 27001 certification (ICT) in 2022 areas of operation	obtained at year
	understand these	that employees	achieved.	50%	50%
			end 2022	policies through	understand these
				assessment	policies through
				Certification	assessment
				obtained by July	Certification
				2022	obtained by June
					2022
Overall score achieved						116,4%

6

GROUP

SUPPLEMENTARY INFORMATION 2023

2021

Theme (Weight)

Environmental (30%)

Indicators		Threshold	On target	Stretch	Super stretch	Actual	Rating (%)	Cumulative
	performance
Group reduction in GHG emissions (Scope 1 and 2)
>0.5%	≤1.5%	<2%	<2.5%	1.6%
• 1.5% reduction in absolute GHG emissions (Scope 1 and 2) from 2020 base year adjusted for							100%
closed operations and 2020 COVID-19 production anomalies (Adjustment to achievement
was approved by Board due to an increase in the Eskom grid emission factor)
Reduction in water intensity (SA region)		SA gold:	SA gold: 1.65	SA gold: 1.60	SA gold: 1.55	SA region: SA
• Total Water use intensity target (in kl/ton processed) to be below the 2020 baseline for SA		>1.65<1.71 SA				gold:1.55
	PGM: >0.85<0.9	SA PGM: 0.85	SA PGM: 0.82	SA PGM: 0.80
gold of 1.65 for gold and 0.85 for the SA PGM operations improvement in water quality
					SA PGM: 0.796
Improvement in water quality (US region)		US region: less	US region: 10%				200%
	than 10%	reduction			US region: 33%
• 10% reduction in nitrogen and metal content in discharged water
	reduction				reduction

						158%
Reduction in risk presented by tailings storage facilities	Not meeting	Meet indicator	Meet indicator,	Meet indicator	On target
• Detailed stability investigations undertaken for all TSFs. Additional investigations defined if	indicator		with a 10%	with a 25%	indicator met
		implementation	implementation	and with 10%	200%
required by initial investigation. Mitigation measures agreed and designed where required
		by Q4 2021	by Q4 2021	implementation
					by Q4 2021
Increase in concurrent rehabilitation (SA region)	SA region: <3%	SA region: 3%	SA region: 4%	SA region:5%	SA region:
• 3% reduction of the independently verified and assured closure liability (excluding the	(R290 231 988)	(R295 151 175)	(R393 534 900)	(R491 918 625)	R299 985 516
				reduction
Kroondal pool and share asset) from the 2020 base year following sustainable concurrent	US region:	US region:	US region:
	achieved	133%
rehabilitation resulting in beneficial/agreed upon land and infrastructure use	Delay beyond	Meet indicator	Certification
ISO14001 certification (US region specific)	end 2021		achieved		US region:
				Obtained
• Submission for certification
				certification

7

GROUP

SUPPLEMENTARY INFORMATION 2023

Theme (Weight)

2021	Social (40%)

Indicators		Threshold	On target	Stretch	Super stretch	Actual	Rating (%)	Cumulative
	performance
Social economies (SA region)	Loss of	Finalisation of the	Implementation of	Approval of the	Met indicator
• Finalisation of the development of the implementation model for Bokamoso Ba Rona and	organisational	development of	Quick Wins and	Establishment of
credibility	the	Phase 1 of West	the West Rand SEZ
West City Industrial Park		implementation	City Industrial Park			100%
				model for
				Bokamoso Ba
				Rona and West
				City Industrial Park
Community partnerships (SA region)	SA region: Business	SA region: Signed	SA region:	SA region: Delivery	SA region:
Signed social compact agreements with local government, communities and non	disruptions due to	Social compact	Capacity Building	of two social	On target
lack of social	agreements with	for the	renewal	indicator met
governmental organisations (NGOs) at Beatrix and Marikana for SA region	stakeholder	local government,	implementation of	programmes in	US region:
			support	CEFs and NGOs at	the Social	Marikana
Community participation (US region)	Failure to meet	Marikana and	Compact		On target
Beatrix		US region:	indicator met and
Address and enhance collaboration with Good Neighbour's key concerns around two projects	Competition
	US region:	Laydown and	positive feedback	150%
namely:	Commission	US region:	Laydown and	traffic plan	from Good
conditions
1. The laydown yard implementation and	Laydown	Traffic plan	execution	Neighbours
US region:	implemented	implementation	receives positive
2. Traffic to Nye plan initiation	and traffic plan	complete	feedback from
Laydown
			completed and	initiated		Good Neighbour
					groups
			traffic plan
			approved
			internally
Increase in human rights engagement indicators	Statutory enquiries	No adverse	Deployment of	Deployment of	On target
• No adverse findings. Development of accredited training for in-house and contractor	into human rights	findings.	training to 100%	training to 100%	indicator met		113%
breaches		own security, and	internal and
security employees across all areas of operations			50% contracted	external security
					security personnel	personnel.
						Additionally,		100%
						expanded
						delivery to 50% of
						key personnel in
						HR and
						Procurement
Increase in diversity	Fine imposed for	Meet indicators	<5%	<10%	14.52% WiM
• Achievement of 2021 Women in Mining targets:	non-compliance				27.67% increase in
in SA region
- A baseline of 14% WiM for 2021 across segments (SA gold, SA PGM and Integrated					recruitment
					100%
	Services)					20.91% increase in
-	Positive recruitment trend					promotions
-	Positive promotion trend
Increase in health resilience indicators of our employees and door-step	>100% medical	Meet indicator	Additional spouses	Additional 10%	Met indicator
communities (SA region)	cover		in 10% of the	child dependants
		previously	of the previously
• 100% medical scheme cover for all full time employees	-2%
	uninsured (Au)	uninsured (gold)
			116%
• 2.5% reduction in Cardiopulmonary Tuberculosis (TB)	> 70%		>3%	>5%
• 90% Viral Load Suppression and 90% TB treatment completion rates			>92% and >90%	>95% and >90%

• ISO 45001 submission for certification in the US region

8

GROUP

SUPPLEMENTARY INFORMATION 2023

Theme (Weight)

Indicators	Threshold	On target	Stretch	Super stretch	Actual	Rating (%)	Cumulative
performance
Ethics	Training not	All training	All training	Zero incidents	All training
• Compliance in all material respects/no breaches with material impact on Sibanye-Stillwater good	completed.	completed and	completed and	where individuals in completed and
Presence of an	widespread or	Minor shortfalls in	positions of trust	Minor shortfalls in
standing
increased	major shortfalls	isolated areas	had wilfully, and	isolated areas
• All policies in place and communicated across the Group	breaches of			deliberately,
• All training completed where necessary on the Code of Ethics	ethical guidelines			committed ethical
			breaches		200%
• Monitoring and reporting framework in place, and obligations communicated across the Group
• Mechanisms in place, and communicated across the Group, to address ethics breaches
• Mechanisms in place to allow for both open reporting, and protected disclosures, of ethics
breaches
• Ongoing communication cycle to raise and maintain awareness
Corporate governance	Not meet	N/A	N/A	Zero	Zero
• Corruption (politically exposed employees: zero incidents)	indicator					250%

• Political contributions: to be zero

Compliance - general governance

• Compliance in all material aspects / no material breaches in terms of the development and implementation of policies
• Implementation of a corporate governance framework
• No significant deficiency findings are recorded in terms of internal and external assurance

Not meet	Meet indicator	Meet indicator no	Everyone has	Met on target
indicator		breaches with	internalised the	indicator
		impact below the	CGF
		materiality	Findings are	100%
		threshold,
		recorded in terms
		implementation of
		of internal and
		CGF, no significant	external
		audit findings	assurance

	Compliance - general governance	Loss of Mining right	Enhance the	Meet full delivery	No SLP backlog	95% achievement
	• SA region specific	due to non-	delivery of Social	of the SLP across	carry over	of SLP	100%
	compliance with	and Labour Plans	all our S.A. Mining
	• Enhance the delivery of Social and Labour Plans to > 90%	MPRDA	to > 90%,	rights
	Compliance - general governance	Regulatory	<5% > 2020	<8% > 2020	>10% >2020	Met Stretch target
	• Average compliance of Water Use Licence, Air Emissions and EMPr Compliance <5% > 2020	directives received	baseline	baseline	baseline
		compliance,	compliance,	compliance,
	baseline compliance, normalised for anomalous events with no regulatory directives
		normalised for	normalised for	normalised for
			anomalous events	anomalous events	anomalous events		200%
			with no regulatory	with no regulatory	with no regulatory
			directives	directives	directives
				Achieved as per
				the above
	Compliance - general governance	Not meet	Meet indicator	N/A	N/A	Two deviations	0%
	• No deviations from the Approvals framework	indicator				reported
	Overall score achieved					148%

FOR MORE INFORMATION, CONTACT:

James Wellsted

Executive Vice President:

Investor Relations and Corporate Affairs

Email: [e-mail]

Website: www.sibanyestillwater.com

OUR VISION:

To be a leader in superior shared value for all stakeholders

For more information on our actions and full Suite of disclosures, please refer to the 2023 Integrated report, www.sibanyestillwater.com/news-investors/report/annual

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