Sibanye-Stillwater announced that in line with its capital allocation framework it has elected to redeem its USD 353,670,000 June 2022 Bonds on 02 August 2021. The redemption will be done through its wholly owned subsidiary, Stillwater Mining Company and the redemption price is 100 % of the principal amount of the Bonds, plus accrued and unpaid interest on the Bonds up to, but excluding, the Redemption Date, amounting to USD 355,776,055.73 (USD 1,005.954861 per USD 1,000 stated principal amount of Bonds). The 2022 Bonds were issued by SMC for an aggregate nominal value of USD 500,000,000 on 27 June 2017, with a maturity date of 27 June 2022. The issued nominal value was reduced to USD 353,670,000 in September 2018, following a partial repurchase of the Bonds. Given surplus liquidity within the Group the Bonds will now be settled in full.