ANNEXURE: ACRONYMS

AMSA ArcelorMittal SA Limited
Anglo Anglo South Africa Capital Proprietary Limited
Anglo Coal Anglo Coal (Grosvenor) Proprietary Limited
API4 All publications index 4 (FOB Richards Bay 6000/kcal/kg)
BBBEE Broad-based black economic empowerment
BEE Black economic empowerment
BEE Parties External shareholders of Eyesizwe
Black Mountain Black Mountain Proprietary Limited
Cennergi Cennergi Proprietary Limited
CFR Cost and freight
Chifeng Chifeng Kumba Hongye Corporation Limited
Companies Act Companies Act No 71 of 2008, as amended
CPI Consumer price index
Curapipe Curapipe Systems Limited
DCME Dorstfontein East
DCMW Dorstfontein West
DMR Department of Mineral Resources
DMTN Domestic Medium-Term Note
DTI Department of Trade and Industry
EBITDA Net operating profit before interest, tax, depreciation, amortisation, impairment charges/reversals and net loss or gain on the disposal of assets and investments (including translation differences recycled to profit or loss)
ECC Exxaro Coal Central Proprietary Limited
ECL(s) Expected credit loss(es)
EMJV Ermelo joint venture
ESD Enterprise and supplier development
Exxaro Exxaro Resources Limited
Eyesizwe Eyesizwe (RF) Proprietary Limited, special purpose private company which has a 30% shareholding in Exxaro
Ferroland Ferroland Grondtrust Proprietary Limited
FOB Free on board
FSB Financial Stability Board
FVOCI Fair value through other comprehensive income
FZON Forzando North
GAM Global Asset Management Limited
HDSA The meaning given to it, or any equivalent or replacement term, in the broad-based socio-economic empowerment charter for the South African Mining Industry, developed under section 100 of the MPRDA, as amended or replaced from time to time
HEPS Headline earnings per share
IAS International Accounting Standard(s)
IASB International Accounting Standards Board
IFRIC IFRS Interpretations Committee
IFRS International Financial Reporting Standard(s)
IFRS 9 IFRS 9 Financial Instruments
IFRS 15 IFRS 15 Revenue from Contracts with Customers
IFRS 16 IFRS 16 Leases
Incoterm International Commercial Terms
Insect Technology Insect Technology Group Holdings UK Limited (previously named AgriProtein Holdings UK Limited)
JIBAR Johannesburg Interbank Agreed Rate
JSE JSE Limited
Khopoli Khopoli Investments Limited
kt Kilo tonnes
Lebonix Lebonix Proprietary Limited
LightApp LightApp Technologies Limited
Listings Requirements JSE Listings Requirements
LOM Life of mine
LTIFR Lost-time injury frequency rate
Mafube Mafube Coal Proprietary Limited
Manyeka Manyeka Coal Mines Proprietary Limited
MPRDA Mineral and Petroleum Resources Development Act 28 of 2002
Mt Million tonnes
NBC North Block Complex
NCI Non-controlling interests
NEMA National Environmental Management Act, 1998
Prime Rate South African prime bank rate
PwC PricewaterhouseCoopers Incorporated
RB1 Richards Bay export product 1
RBCT Richards Bay Coal Terminal Proprietary Limited
Rbn Rand billion
Replacement BEE Transaction BEE transaction implemented in 2017 which resulted in Exxaro being held 30% by HDSAs
Rm Rand million
SAICA South African Institute of Chartered Accountants
SARS South African Revenue Service
SIC Standard Interpretations Committee
SIOC Sishen Iron Ore Company Proprietary Limited
SSCC Semi-soft coking coal
Tata Power Tata Power Company Limited
TCFD Task Force on Climate-related Financial Disclosures
TiO2 Titanium dioxide
Tronox Exxaro's investment in Tronox entities
Tronox SA Tronox KZN Sands Proprietary Limited and Tronox Mineral Sands Proprietary Limited
Tronox UK Tronox Sands Limited Liability Partnership in the United Kingdom
Tumelo Tumelo Coal Mines Proprietary Limited
TVP(s) Targeted voluntary severance package(s)
TFR Transnet Freight Rail
UK United Kingdom
US$ United States dollar
VAT Value Added Tax
WANOS Weighted average number of shares