South32 Ltd.ASX: S32

Daily share buy-back notification

· MarketScreener

Announcement Summary

Name of entity

SOUTH32 LIMITED

Announcement type

Update announcement

Type of update

Daily buy-back notification

Date of this announcement

9/10/2025

Reason for update

Daily buy-back notification

ASX Security code and description of the class of +securities the subject of the buy-back

S32 : ORDINARY FULLY PAID

The type of buy-back is:

On market buy-back

Total number of +securities bought back before previous day

30,782,884

Total number of +securities bought back on previous day

231,784

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

  1. Name of entity

    SOUTH32 LIMITED

    We (the entity named above) provide the following information about our buy-back.

  2. Registration number type

    ABN

    Registration number

    84093732597

  3. ASX issuer code

    S32

  4. The announcement is

Update/amendment to previous announcement

1.4a Type of update

Daily buy-back notification

1.4b Reason for update

Daily buy-back notification

1.4c Date of initial notification of buy-back

29/8/2024

  1. d Date of previous announcement to this update

    3/10/2025

  2. Date of this announcement

    9/10/2025

  3. ASX Security code and description of the class of +securities the subject of the buy-back

S32 : ORDINARY FULLY PAID

Part 2 - Type of buy-back

  1. The type of buy-back is:

On market buy-back

Part 3 - Buy-back details

Part 3A - Details of +securities, price and reason

3A.1 Total number of +securities on issue in the class of +securities to be bought back

4,503,635,121

3A.4 Does the entity intend to buy back a minimum number of +securities

No

3A.5 Does the entity intend to buy back a maximum number of securities

No

3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf

Broker name:

Royal Bank of Canada

3A.9 Are the +securities being bought back for a cash consideration?

Yes

3A.9a Is the price to be paid for +securities bought back known?

No

3A.9a.1 In what currency will the buy-back consideration be paid?

AUD - Australian Dollar

Part 3B - Buy-back restrictions and conditions

3B.1 Does the buy-back require security holder approval?

No

Part 3C - Key dates

On-market buy-back 3C.2 Proposed buy-back start date

12/9/2025

3C.3 Proposed buy-back end date

11/9/2026

Part 3D - Other Information

3D.1 Any other information the entity wishes to notify to ASX about the buy-back

South32 intends to continue its buy-back of up to US$200 million of its fully paid ordinary shares under the on-market buy-back announced on 29 August 2024. The Company reserves the right to suspend or terminate the buy-back at any time.

Part 4 - Daily buy-back notification

A daily buy-back notification must be submitted for Employee share scheme, On-market, Equal access share scheme and Other buy-backs at least half an hour before the commencement of trading on the +business day after any day on which

+securities are bought back (per listing rule 3.8A)

Please verify if the pre-populated values are accurate as they are only indicative based on previous online submissions. The pre-populated values may not be accurate if previous online submissions are still in-flight or in case of announcements made via a MS Word form.

Whilst you may over-ride a pre-populated value, once over-ridden it will not be possible to retrieve the previously pre-populated value.

  1. Date of this notification

    9/10/2025

  2. Previous day on which +securities were bought back

    8/10/2025

  3. Total number of +securities bought back, or in relation to which acceptances have been received

  4. Total consideration paid or payable for the

    +securities

    Before previous day On previous day

    30,782,884 231,784

    AUD 100,620,377.89820 AUD 686,775.99200

  5. Highest price paid AUD 3.84000000 AUD 2.97000000

    Date highest price was paid:

    26/11/2024

  6. Lowest price paid AUD 2.55000000 AUD 2.95000000

    Date lowest price was paid:

    10/9/2025

  7. Highest price allowed to be paid by entity on the previous day under listing rule 7.33:

    AUD 2.97700000

  8. If the entity has disclosed an intention to buy back a maximum number of +securities, the remaining number of
+securities to be bought back as at the end of the previous day