Johannesburg - Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following is disclosed.

Position Chief Executive Officer

Company Sibanye-Stillwater Limited

Nature of interest Direct and Beneficial

Nature of transaction Retention of bonus shares in respect of previously awarded bonus shares on 1 March 2017

Transaction Date 6 March 2020

Number of ADRs 29 749

Class of Security ADR

Market Price per ADR

Low -$8.20

High -$9.70

High - sell price -$8.46

Total Value $251 676.54

Vesting Period Vest in equal parts on 9 months and 18 months of the Grant Date

Position Independent Non-Executive Director

Company Sibanye-Stillwater Limited

Nature of interest Direct and Beneficial

Nature of transaction On market purchase of ADRs

Transaction Date 5 March 2020

Number of ADRs 4 213

Class of Security ADR

Market Price per ADR: GBP7.12

Total Value GBP29 996.56

In terms of paragraph 3.66 of the Listings Requirements, the necessary clearance to deal in the above securities has been obtained.

Contact:

James Wellsted

Tel: +27 (0) 83 453 4014

Email: ir@sibanyestillwater.com

FORWARD LOOKING STATEMENTS

The information in this announcement may contain forward-looking statements within the meaning of the 'safe harbour' provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements, including, among others, those relating to Sibanye-Stillwater Limited's ('Sibanye-Stillwater' or the 'Group') financial positions, business strategies, plans and objectives of management for future operations, are necessarily estimates reflecting the best judgment of the senior management and directors of Sibanye-Stillwater.

All statements other than statements of historical facts included in this announcement may be forward-looking statements. Forward-looking statements also often use words such as 'will', 'forecast', 'potential', 'estimate', 'expect' and words of similar meaning. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and should be considered in light of various important factors, including those set forth in this disclaimer and in the Group's Annual Integrated Report and Annual Financial Report, published on 29 March 2019, and the Group's Annual Report on Form 20-F filed by SibanyeStillwater with the Securities and Exchange Commission on 5 April 2019 (SEC File no. 001-35785), and the Form F4 filed by Sibanye Stillwater Limited with the Securities and Exchange Commission on 4 October 2019 (SEC File no. 333-234096) and any amendments thereto. Readers are cautioned not to place undue reliance on such statements.

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