Overview

Exxaro Resources Limited (Exxaro, the company or the group) uses the Integrated Reporting Framework and the Global Reporting Initiative Standard 207: Tax 2019 (GRI 207) for public reporting on tax to demonstrate value creation and transparency to our stakeholders.

This report discusses Exxaro’s approach to tax, tax risk management (TRM), tax governance and how we engage with our stakeholders. The report demonstrates how our taxes align with our sustainability commitments and gives context to our financial reporting performance.

In this voluntary tax transparency report, we:

• Show the total tax contribution we make in all the countries where we operate
• Promote confidence and credibility in our tax practices
• Enable stakeholders to make informed judgements
• Support the development of socially desirable tax policy

Tax transparency allows us to demonstrate that our tax affairs are conducted in accordance with prevailing tax law and ethical business practices. Providing information that complies with the recommended standards ensures we are transparent beyond mandatory legislative requirements.

This report should be read together with Exxaro’s 2023 integrated report (IR) and environmental, social and governance (ESG) report, available at www.exxaro.com