CREATING SHARED VALUE

SA GOLD OPERATIONS

SIBANYE-STILLWATER UMDONI TREE

Our vision at Sibanye-Stillwater is to be a leader in superior shared value for all stakeholders.

The sustainable management of our operations is integral to our ability to obtain and maintain our social licence to operate and to generate long-term value for all of our stakeholders, including employees, the communities where we operate, governments and shareholders.

Our iCARES values - innovation, commitment, accountability, respect, enabling, and safety - are at the core of our approach to sustainability. These values support safe operations, enable growth, underpin business strategy and promote competitiveness and success. Our values are embedded in the way we operate and make business decisions and reinforced by continuous communication, education and training.

We represent our business ethos through the indigenous South African Umdoni tree. Our iCARES values are our organisation's fundamental roots, providing a solid basis for how we do business.

The trunk of the tree represents the material strength of the Company derived from our people, and the leaves on the branches represent all our stakeholders. The tree's seeds and fruits signify the varying benefits and value that our success will bring to those stakeholders.

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OUR APPROACH:

CREATING SUPERIOR SHARED VALUE

Sibanye-Stillwater endeavours for its social upliftment and community development to effect substantial societal change as the measurement of its success. This strategic approach delivers longer-term benefits to the communities and environments in which it operates; it aims to make an impact during and beyond its current mining activities.

The impact that Sibanye-Stillwater has, and continues to make on all its stakeholders, is evident when comparing our shared value in 2013 to 2022.

The value we have created is consistent with our Strategic Differentiator to be a force for good.

¹ Taxes and royalties paid as per the consolidated statement of cash flows in the Group Annual financial report

With enduring social impact as its main driver, Sibanye-Stillwater's social performance is guided by its socio-economic development strategy and roadmap, which include:

Delivery of local socio-economic benefits through the implementation of social and labour plan commitments and corporate social responsibility programmes

Creation of shared value beyond

compliance

Strengthening institutional capacity and unlocking and mobilising partnerships and resources to resolve collective challenges

Contribution to integrated spatial development by improving the living conditions of employees

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PAGE 1

LETTER FROM OUR CHIEF SUSTAINABILITY OFFICER

Everything we do must aim for greater and

more meaningful impact.

VALUED STAKEHOLDER

1 2 3

It is an honour for me to present to you this booklet as testament to Sibanye-Stillwater's commitment to creating enduring value for those communities to which it is most closely connected, during and after the operating lives of our mines.

We realise with the outcomes of projects undertaken as part of our socio-economic development plans, that social upliftment and community development extend beyond mere compliance and must effect sustainable, substantial societal change.

Act (MPRDA), they provide an opportunity for us to carefully craft long-term outcomes that will see these communities become more self-sustaining and more independent of the mines that they host currently but whose lives are finite.

Our SLPs have local economic development, education, skills development, community health and safety as strategic pillars which support projects that facilitate infrastructure, agri-business, and industrial development within local and regional communities.

We have

  1. socio- economic road map

which outlines

our plan

for socioeconomic development ofhost communities

Catalyst

GOOD NEIGHBOUR

Work towards vision

2025 of behaving

like and being perceived as a good neighbour in operating environments

Participant

SOCIAL COMPACT

Agreement

with regional

role-players and stakeholders to work together towards meaningful development and more strategic, high-impact development initiatives in

the region

Patron

SOCIAL CLOSURE

A state towards the end of the life of mine where alternative economic activities can replace mining-led development and the social asset base has been improved

This means that everything we do in line with our intention of being a force for good must aim for more meaningful socio-economic impact.

Our social performance is guided by our socioeconomic development strategy and roadmap, aimed at ensuring that we meaningfully contribute to the upliftment of the communities close to our operations and with whom we are connected, at a distance, by our employees who come from these areas, through mutual engagement, social compacts, and responsible mine closure.

While our Social and Labour Plans (SLPs) are guided by the Mining Charter, regulations that form part of the Mineral and Petroleum Resources Development

We believe that creating alternative economic opportunities will reduce dependency on the mining operations, minimise post-mine closure social impacts and provide sustainable benefits to host communities. It is in this way that we hope to create a positive social legacy; one that will outlast mining for generations to come.

We invite you to partner with us on this journey of creating superior shared value for our stakeholders and experience the difference we make through our business.

Themba Nkosi

Chief Sustainability Officer

TIMEFRAME

5 years

10 years

20 years

ROLE PLAYER

Individual effort

Societal effort

Social effort

MODERN MINING

SUSTAINABLE

TOWNS

ENVIRONMENT

• Housing

• Land use strategy

• Access to services

• Concurrent

• Water

rehabilitation

EMPOWERED PEOPLE

ECONOMIC GROWTH

• Capacity building

• Economic diversification

• Strong institutions

beyond mining

• Active citizenship

• Enterprise and supplier

development

PAGE 2

SIBANYE-STILLWATER - CREATING SHARED VALUE I WWW.SIBANYESTILLWATER.COM

CONTENTS

Our approach - creating superior shared value

1

Letter from our Chief Sustainability Officer

2

Our company - location and key SLP statistics

4

SLP status

4

Engaging with our stakeholders

5

About Sibanye-Stillwater's SLPs

6

Key contributions 2022

7

Our socio-economic stories - gold

Education

9

Healthcare

13

Food security

15

Skills development

17

Social infrastructure

20

Economic development

24

Corporate Social Responsibility

28

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Disclaimer

Sibanye Stillwater Limited published this content on 23 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2023 07:19:02 UTC.