Steelpoortdrift update Opex reductions and early cashflow

◆ Following a comprehensive internal review of the 2022 Definitive Feasibility Study1 (“DFS”), VR8 has realised significant efficiencies for its concentrator and salt-roastleach (“SRL”) plants through plant modifications and by locating both plants at one location. ◆ Plant modifications has improved operational efficiencies, which is expected to reduce operating costs, and repositioning of the SRL