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ANNEXURE: ACRONYMS

Amakhala SPV

Amakhala Emoyeni RE Project 1 (RF) Proprietary Limited

AMSA

ArcelorMittal SA Limited

Anglo

Anglo South Africa Capital Proprietary Limited

API4

All publications index 4 (FOB Richards Bay 6000/kcal/kg)

B-BBEE

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 or Cennergi group of companies

CEO

Chief executive officer

CHEPS

Core headline earnings per share

Chifeng

Chifeng Kumba Hongye Corporation Limited

Companies Act

Companies Act No 71 of 2008, as amended

Curapipe

Curapipe Systems Limited

DHSWS

Department of Human Settlement, Water and Sanitation

DMRE

Department of Mineral Resources and Energy

DMTN

Domestic Medium-Term Note

DVA

Debt value adjustment

EBITDA

Net operating profit before interest, tax, depreciation, amortisation, impairment charges or impairment 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

FVOCI

Fair value through other comprehensive income

FVPL

Fair value through profit or loss

GAM

Global Asset Management Limited

GDP

Gross domestic product

GWh

Gigawatt hour

HEPS

Headline earnings per share

IAS

International Accounting Standard

IASB

International Accounting Standards Board

IFRS

International Financial Reporting Standard(s)

IFRS 2

IFRS 2 Share-based Payment

IFRS 5

IFRS 5 Non-current Assets Held for Sale and Discontinued Operations

Insect Technology

Insect Technology Group Holdings UK Limited

JIBAR

Johannesburg Interbank Agreed Rate

JSE

JSE Limited

JV

Joint venture

Khopoli

Khopoli Investments Limited

kt

Kilo tonnes

LightApp

LightApp Technologies Limited

Listings Requirements

JSE Listings Requirements

LoM

Life of mine

LTIFR

Lost-time injury frequency rate

Mafube

Mafube Coal Proprietary Limited

MPRDA

Mineral and Petroleum Resources Development Act 28 of 2002

Mt

Million tonnes

NCI

Non-controlling interests

OCI

Other comprehensive income

Prime Rate

South African prime bank rate

RBCT

Richards Bay Coal Terminal Proprietary Limited

Rbn

Rand billion

Rm

Rand million

RoM

Run of mine

SAICA

South African Institute of Chartered Accountants

SIOC

Sishen Iron Ore Company Proprietary Limited

SSCC

Semi-soft coking coal

Tata Power

Tata Power Company Limited

TiO2

Titanium dioxide

Tronox

Exxaro's investment in Tronox entities

Tronox SA

Tronox KZN Sands Proprietary Limited and Tronox Mineral Sands Proprietary Limited

Tsitsikamma SPV

Tsitsikamma Community Wind Farm Proprietary Limited

Tumelo

Tumelo Coal Mines Proprietary Limited

TVP(s)

Targeted Voluntary Severance Package(s)

UK

United Kingdom

US$

United States dollar

VAT

Value Added Tax

WANOS

Weighted average number of shares