Sylvania Platinum : Updated Corporate Investor Presentation

ANNUAL RESULTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2021

I n v e s t o r P r e s e n t a t i o n 6 S e p t e m b e r 2 0 2 1

DISCLAIMER

• This document, which is personal to the recipient and has been issued by Sylvania Platinum Limited (the "Company"), comprises written materials/slides for presentations to be held in September 2021. This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares in the Company, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision relating thereto, nor does it constitute a recommendation regarding the securities of the Company.
• This document has not been verified, does not purport to contain all information that a prospective investor may require and is subject to updating, revision and amending. The information and opinions contained in this document are provided as at the date of this presentation and are subject to change without notice. In furnishing this document, the Company does not undertake or agree to any obligation to provide the attendees with access to any additional information or to update this document or to correct any inaccuracies in, or omissions from, this document that may become apparent. Recipients of this presentation should each make their own independent evaluation of the Company and should make such other investigations as they deem necessary.
• No reliance may be placed for any purposes whatsoever on the information or opinions contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company, its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its members, directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith.
• This document and its contents are confidential and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published, in whole or in part, for any purpose. This document is being made available only to and is directed at (i) persons having professional experience in matters relating to investments i.e. investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "FPO"), (ii) persons in the business of disseminating information within the meaning of Article 47 of the FPO and (iii) high net-worth companies, unincorporated associations and other bodies within the meaning of Article 49 of the FPO and (iv) persons to whom it is otherwise lawful to make this presentation available. The investment or investment activity to which this document relates is available only to such persons and will be engaged in only with such persons. Persons who fall outside categories (i)-(iii) above must check that they fall within category (iv). If they do not, they must return this presentation. Any person who does not fall within categories (i)-(iv) above may not rely on or act upon the matters communicated in this presentation.
• The distribution of this document and the proposed transactions contemplated herein in certain jurisdictions may be restricted by law. No action has been taken by the Company that would permit an offering of shares or possession or distribution of this document or any other offering or publicity material relating to such shares in any jurisdiction where action for that purpose is required. Persons into whose possession this document comes are required by the Company to inform themselves about and to observe such restrictions.
• The securities discussed in this presentation have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or qualified for sale under the law of any state or jurisdiction of the United States of America and may not be offered or sold in the United States of America except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Neither the United States Securities and Exchange Commission nor any securities regulatory body of any state or other jurisdiction of the Unites States of America, nor any securities regulatory body of any other country or political subdivision thereof, has approved or disapproved of this presentation or the securities discussed herein or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is unlawful.
• Certain statements, beliefs and opinions in this document, are forward-looking, which reflect the Company's or, as appropriate, the Company's directors' current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document.
• By attending the presentation to which this document relates or by accepting this document in any other way you agree to be bound by the foregoing provisions.

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FY2021 AT A GLANCE

FY2021 GROUP SNAPSHOT

PGM Feed Tons

1,272,974

17%

(FY2020: 1,092,630)

PGM Basket Price

$3,690/oz

83%

(FY2020: $2,015/oz)

PGM Recovery

53.99%

5%

(FY2020: 56.90%)

Net Revenue

$206.1m

79%

(FY2020: $115.1m)

Net Profit

$99.8m

143%

(FY2020: $41.0m)

PGM Production

70,043oz

1%

(FY2020: 69,026oz)

Group Cash Cost

$755/oz

21%

(FY2020: $622/oz)

Basic EPS

36.65c

151%

(FY2020: 14.62c)

EBITDA

$144.9m

108%

(FY2020: $69.6m)

Annual Dividend

4p

per Ordinary Share

150%

(FY2020: 1.6p)

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SAFETY, SUSTAINABILITY & ESG