Appointment of Non-Executive Director

About this update from Sylvania Platinum Ltd.

                                         2 February 2026   Sylvania Platinum Limited ("Sylvania", the "Company" or the "Group")   Appointment of Non-Executive Director     Sylvania (AIM: SLP), the platinum group metals ("PGM") and chrome producer and developer, with assets in South Africa, is pleased to announce the appointment of Martin Preece to the Board as an independent Non-Executive Director, with immediate effect. Martin is a highly experienced individual with an established track record of 40 years in the mining industry, and a deep technical understanding covering the full mining value chain. Martin held a number of leadership roles at dual listed Gold Fields over an eight-year period including Executive Vice President South Africa, Interim Chief Executive Officer and Chief Operating Officer. Prior to this, Martin was appointed to various operational and strategic roles at De Beers in South Africa and Canada. Eileen Carr, Independent Non-Executive Chair of Sylvania, commented:   "I am delighted to welcome Martin to the Sylvania Board, where the depth and breadth of his industry knowledge will complement the current skillset of the Board. I look forward to working with Martin in developing the future strategy of the Company at a particularly exciting time in the PGM sector."   Martin Preece, incoming Non-Executive Director of Sylvania, commented:   "I am pleased to be joining Sylvania and look forward to working with the Board and Management during a dynamic phase for the sector. Sylvania's well established capabilities, and fiscal and operational discipline, place the business in a strong position to sustain and advance the Company's growth."     In accordance with schedule 2 (g) of the AIM Rules for Companies, Martin Preece (aged 61 years) holds or has held the following directorships in the last five years: Current Past 5 Years AUC 679 Consulting (Pty) Ltd The International Council on Mining and Metals Limited GFL Mining Services (Pty) Ltd Gold Fields (Pty) Ltd Gold Fields Group Services (Pty) Ltd Gold Fields Holdings Company Ltd Newshelf 899 (Pty) Ltd Western Areas Prospecting (Pty) Ltd Beisa Oryx (Pty) Ltd Gold Fields Operations Ltd GFI Joint Venture Holdings (Pty) Ltd Corporation International Holdings B.V. GFI Netherlands B.V. Gold Fields Exploration B.V. Gold Fields Netherlands Cooperatief U.A. Gold Fields Metals B.V. Gold Fields Ghana Ltd Abosso Goldfields Ltd Gold Fields Netherlands Services B.V.     Martin Preece holds no Ordinary Shares in the Company.   Mr Preece has confirmed that no other information is required to be disclosed for the purposes of Schedule 2 (g) of the AIM Rules for Companies.     CONTACT DETAILS   For further information, please contact: Jaco Prinsloo CEO Ronel Bosman CFO +27 11 673 1171   Nominated Adviser and J oint Broker Panmure Liberum Limited +44 (0) 20 3100 2000 Scott Mathieson / John More / Gaya Bhatt   Joint Broker Joh. Berenberg, Gossler & Co KG, London +44 (0) 20 3207 7800 Jennifer Lee / Ivan Briechle   Communications BlytheRay Megan Ray / Rachael Brooks +44 (0) 20 7138 3204 [email protected]       CORPORATE INFORMATION   Registered and postal address: Sylvania Platinum Limited   Clarendon House   2 Church Street   Hamilton HM 11       Bermuda SA Operations postal address: PO Box 976   Florida Hills, 1716   South Africa   Sylvania Website : www.sylvaniaplatinum.com     About Sylvania Platinum Limited Sylvania Platinum is a lower-cost producer of platinum group metals ("PGMs") (platinum, palladium and rhodium) and chrome with Operations located in South Africa. The Sylvania Dump Operations ("SDO") is comprised of six chrome beneficiation and PGM processing Plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex ("BIC"). The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. In FY2023, the Company entered into the Thaba Joint Venture ("Thaba JV") which comprises chrome beneficiation and PGM processing Plants, and is treating a combination of run of mine ("ROM") and historical chrome tailings from the JV partner, adding a full margin chromite concentrate revenue stream. The Group also holds mining rights for PGM projects in the Northern Limb of the BIC.   For more information visit  https://www.sylvaniaplatinum.com/  

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