FACT SHEET MARULA Regional locality map showing PGM Mineral Rights and infrastructure in the Marula Regional locality map showing PGM mineral rights and infrastructuresurroundings in the Marula surroundings 24°15’S E 24°15’S E 15’ 0° ° 3 E E ” ” 30 0 0 3 3 22’ 52’ ° ° 30 29 BOKONI R37 (Atlatsa – Amplats) TWICKENHAM 0 5 10 (Amplats) Scale (km) 24°30’S 24°30’S NEWCO TJATE (Jubilee Platinum) R37 MARULA PLATINUM S LL I H Y E K D4250 SMO MODIKWA (ARM – Amplats) R37 BURGERSFORT E E ” 0 0” 3 3 ’ ’ E 2 R37 5’ 22 5 ° ° 1 ° 0 9 0 3 2 3 SEKHUKHUNE E R555 STEELPOORT 24°45’S 30° 24°45’S Marula is 73% owned by Implats and is one of the first operations to have been developed on the relatively under-exploited eastern limb of the Bushveld Complex in South Africa. It is located in the Limpopo Province, some 35 kilometres north-west of Burgersfort. In FY2020, the operation delivered 6E in concentrate production of 210 000 ounces. The operation comprises two decline shaft systems and a concentrator plant. 2 GEOLOGY Marula holds two contiguous mining rights and a prospecting right covering 5 494 hectares across the farms Winaarshoek and Clapham, and portions of the farms Driekop, Forest Hill and Hackney. Marula also has a royalty agreement with Modikwa which allows limited mining on an area adjacent to the Driekop shaft. Both the Merensky and the underlying UG2 reefs are present and sub-outcrop in the Marula mining right area. The reefs dip generally in a west-southwest direction at 12 to 14 degrees with a vertical separation of some 400 metres between them. Potholes represent the majority of the geographical losses encounted underground, while a small dunite pipe also disrupts the reef horizon. Mineral resources (inclusive reporting) as at 30 June 2020 Tonnes 4E Grade 6E Grade 6E Category Width (cm) (Mt) (g/t) (g/t) (Moz) measured 34.3 100 4.26 4.56 5.0 Merensky indicated 7.6 100 4.20 4.50 1.1 inferred 5.2 100 3.82 4.10 0.7 measured 47.5 96 6.28 7.28 11.1 UG2 indicated 22.4 102 6.21 7.23 5.2 inferred 6.4 103 6.32 7.36 1.5 Total 123.3 5.48 6.21 24.6 Mineral reserves as at 30 June 2020 Tonnes 4E Grade 6E Grade 6E Category Width (cm) (Mt) (g/t) (g/t) (Moz) proved 4.0 125 4.36 4.99 0.6 UG2 probable 15.6 126 4.00 4.62 2.3 Total 19.6 4.07 4.70 3.0 3 Marula Infrastructure Both mineralised horizons sub-outcrop on the Marula mining rights The region is well developed, partly due to other mining activities area and dip in a west-southwest direction at 12° to 14°. The reefs in the vicinity. The R37 tarred road from Burgersfort to Polokwane are relatively undisturbed by faults and dykes with one major dolerite passes through the area, while a secondary tarred road, built by dyke traversing the mining area. Potholes represent the majority of Marula, links the R37 to the main offi ce and other infrastructure at the geological losses encountered underground, while a small Marula. The existing mines and villages are supplied with electricity dunite pipe also disrupts the reef horizons. These geological by Eskom. Marula has an adequate and fi rm electricity supply and features are accounted for in the Mineral Resource and Mineral distribution network. The site is supplied by two independent 132kV Reserve Statements as geological losses. Eskom power lines. Two 40MVA transformers (one operating and one on standby) convert the voltage to 33kV for surface and underground distribution. Water is provided through the Lebalelo Water Scheme from which Marula has an allocation of 13.8Ml per Marula – Merensky day, which is more than adequate for planned production levels. Mining infrastructure includes two decline shafts, offi ces, stores, Q Pt Q Pd Q 6E 100 a concentrator plant, a chromite recovery plant, a tailings storage facility and overland ore conveyance. 50 Marula0 Environmental -50 Summary details pertaining to the Group environmental Width (cm) -100 Infrastructure Both mineralised horizons sub-outcrop on the Marula mining rights management and policy are listed on page 19. This includes the -150 focus areas such as compliance, water stewardship, air quality, The region is well developed, partly due to other mining activities area and dip in a west-southwest direction at 12° to 14°. The reefs managing waste streams and promoting land management in the vicinity.-200 The R37 tarred road from Burgersfort to Polokwane are relatively undisturbed by faults and dykes with one major dolerite practices. Marula’s ISO 14001 certifi cation lapsed in 2017 but passes through-250 the area,Marula while a secondary tarred road, built by dyke traversing the mining area. Potholes represent the majority of was successfully re-certifi ed in 2019. In line with our environmental Marula, links the0 R37 to the3 main offi ce6 and other infrastructure9 12 at the geological losses encountered underground, while a small management system expectations, all areas are required to identify Marula. The existing mines and villagesGrade are (g/t) supplied with electricity dunite pipe also disrupts the reef horizons. These geological and report on environmental incidents. Systems are in place to by Eskom. MarulaO Pyroxenite hasInfrastructure an adequateO Pegmatoid andO Chromitite fi rm electricity supply and features are accountedBoth for inmineralised the Mineral horizons Resource sub-outcrop and Mineral on the Marula mining rights investigate and determine the direct and root causes of high-severity distribution network. TheThe site region is supplied is well developed, by two independent partly due 132kV to other miningReserve activities Statements asarea geological and dip losses.in a west-southwest direction at 12° to 14°. The reefs incidents and to address and close out these incidents. Eskom power lines. Twoin the 40MVA vicinity. transformers The R37 tarred (one operatingroad from andBurgersfort to Polokwane are relatively undisturbed by faults and dykes with one major dolerite one on standby) convertpasses the voltage through to the 33kV area, for while surface a secondary and tarred road, built by dyke traversing the mining area. Potholes represent the majority of the geological losses encountered underground, while a small Geology underground distribution.Marula, Water links is providedthe R37 tothrough the main the offiLebalelo ce and other infrastructure at Water Scheme from whichMarula. Marula The existinghas an allocation mines and of villages 13.8Ml areper supplied with electricity dunite pipe also disrupts the reef horizons. These geological The geological succession is illustrated in the generalised MarulaMarula - – UG2UG2 MarulaMarula - – MerenskyMerensky day, which is more thanby adequate Eskom. Marula for planned has an production adequate levels.and fi rm electricity supply and features are accounted for in the Mineral Resource and Mineral stratigraphic column on page 65 The Merensky and UG2 Reefs are Q Q Q Q Q Q Mining infrastructure includesdistribution two network.decline shafts, The site Ptoffi is ces, supplied Pd stores, 6E by two independent 132kV Reserve Statements asPt geological Pd 6E losses. separated by a sequence of mostly anorthositic and noritic layered 100 100 a concentrator plant, aEskom chromite power recovery lines. plant,Two 40MVA a tailings transformers storage (one operating and units of some 400m in combined thickness. Both the Merensky and facility and overland50 oreone conveyance. on standby) convert the voltage to 33kV for surface and 50 UG2 Reefs are present but only the UG2 is currently exploited. The underground distribution. Water is provided through the Lebalelo0 geological succession is broadly similar to that of the western limb. 0 Water Scheme from which Marula has an allocation of 13.8Ml-50 per Marula – Merensky The UG2 Reef is defi ned as a main chromitite layer, with most of the Environmental-50 Width (cm) Width (cm) day, which is more than adequate for planned production levels. Marula Summary details pertaining to the Group environmental -100 mineralisation confi ned to this unit, followed by a poorly mineralised Q Q Q -100 Mining infrastructure includes two decline shafts, offi ces, stores, Pt Pd 6E pegmatoidal footwall. The Merensky Reef comprises the upper management and policy are listed on page 19. This includes the -150 100 a concentrator plant, a chromite recovery plant, a tailings storage portion of a pyroxenite layer, with a chromitite stringer close to the focus areas-150 such as compliance, water stewardship, air quality, facility and overland ore conveyance. -200 50 hanging wall contact. Mineralisation peaks over the chromitite managing waste streams and promoting land management Infrastructure Both mineralised horizons sub-outcrop on the Marula mining rights -200 -250 0 stringer and decreases into the hangingwall and footwall. The practices. Marula’s ISO 14001 certifi cation lapsed in 2017 but The region is well developed, partly due to other mining activities area and dip in a west-southwest direction at 12° to 14°. The reefs 0 5 10 15 0 3 6 9 12 average 6E metal ratios show the distinct differences between the was successfully re-certifiEnvironmental ed in 2019. In line with our environmental in the vicinity.-50 The R37 tarred road from Burgersfort to Polokwane are relatively undisturbed by faults and dykes with one major dolerite Grade (g/t) Grade (g/t) Width (cm) Merensky and UG2 Reefs, in particular the high proportion of management system expectations,Summary details all areas pertaining are required to the Group to identify environmental passes-100 through the area, while a secondary tarred road, built by dyke traversing the mining area.