Exxaro Resources Limited

Environmental, social and governance report for the year ended 31 December 2025

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Introduction

Introduction

Introduction

This environmental, social and governance (ESG) report presents Exxaro’s progress, performance and priorities in delivering sustainable value. It highlights our key impacts, achievements and future focus areas as we advance our ESG commitments.

Navigating this report About this report Our business
Managing ESG

Managing ESG

Managing ESG

Mining and energy operations have environmental and social impacts that require responsible management to protect long-term value, sustain community trust and maintain a strong social licence to operate.

Managing ESG How we embed ESG ESG governance and risk Our stakeholder engagement How we measure our progress and impact
Our environmental
stewardship

Our environmental
stewardship

Our environmental stewardship

The environmental operating context in South Africa is changing rapidly, reshaped by climate impacts, resource demand and evolving regulations.

Our environmental stewardship Decarbonising our operations Responding to a changing climate Optimising energy efficiency Protecting air quality

Conserving ecosystems and biodiversity Integrating mine closure and rehabilitation Improving water security Managing waste responsibly
Empowering people
and communities

Empowering people
and communities

Empowering people and communities

South Africa faces deep socio-economic pressures, including persistent unemployment, inequality and increasing strain on public services. These realities shape expectations for mining companies to foster safe, inclusive workplaces and contribute meaningfully to community wellbeing and economic resilience.

Empowering people and communities Prioritising safety Promoting health and wellness Engaging our employees Developing future-ready talent

Empowering our communities Enabling enterprise and supplier development Creating post-mining economies Driving supply chain sustainability Embedding human rights in our business
Prioritising good
governance

Prioritising good
governance

Prioritising good governance

Robust governance underpins value creation at Exxaro. Aligned with our theme, accelerating our strategy to become a diversified natural resources champion, we uphold strong governance practices to enable sustainable growth and maintain stakeholder confidence. This section highlights our commitment to responsible business practices that support strategic execution and future readiness.

Prioritising good governance Addressing material matters Adopting good governance principles Board of directors Executive leadership Committee reports Audit committee report

Investment committee report Logistics committee report Nomination committee report Remuneration committee report Risk and business resilience committee report Social, ethics and responsibility committee report

Remuneration report Remuneration at a glance Section 1: Message from the remuneration committee chairperson Section 2: Remuneration policy Section 3: Implementation report
Supplementary
information

Supplementary information

Supplementary information

We have been engaged to provide a reasonable assurance opinion in our report on the following selected KPIs, marked with an “RA” on the relevant pages in the Report.

Assurance report Appendix A: Criteria Glossary Administration
Downloads

Introduction

Navigating this report

Read more online at www.exxaro.com under the investors tab

Read more in this report

This report is hyperlinked. Click on a webpage reference for easy navigation.

Material themes

	Building sustainable communities
	Enabling a thriving workforce
	Principled governance
	Responsible environmental stewardship
	Adapting to a changing context
	Driving business resilience
	Executing our strategy

Strategic objectives

	Transition at speed and scale
	Make our coal, metals and energy businesses thrive
	Empower people to create impact
	Be carbon neutral by 2050
	Become a catalyst for economic growth and environmental stewardship

Defining short, medium and long term

Short term

Between one
and five years

Medium term

Between six and
10 years

Long term

More than
10 years

Reporting suite

We are committed to transparent reporting and publish an annual reporting suite detailing our performance. Our FY2025 reporting suite was published on 29 April 2026.

ESG report

ESG databook

Consolidated Mineral Resources and Mineral Reserves (CMRR) report

Group and company annual financial statements

Notice of annual general meeting (AGM)

These reports and other supplementary reports are available online and should be read together for a complete understanding of our business and performance.