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Dealings in securities
Gold Fields Limited
Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
JSE, NYSE, DIFX Share Code: GFI
ISIN Code:ZAE000018123
("Gold Fields" or the "Company")
DEALINGS IN SECURITIES
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited
("Listings Requirements") the Company hereby advises that Prescribed Officers of Gold
Fields, and a director of major subsidiaries of the Company had dealings in securities
of the Company as detailed in this announcement.
MSR Matching Shares
Ms. KM Carter and Mr. CO Gratias have traded in Conditional MSR Matching Shares which
Gold Fields awarded on 27 May 2025 ("the Award Date") in accordance with the provisions
of the Company's Executive Minimum Shareholding Requirement Policy ("MSR Policy"),
as approved at the AGM on 18 May 2016, and the Gold Fields 2012 Share Plan ("Scheme")
as amended.
Minimum Shareholding Requirement (MSR)
The MSR Policy contains a mandatory requirement for Executives to acquire shares in
the Company over a holding period of 5 years, and to thereafter maintain that
shareholding, based on the following targets:
CEO: 300% of Annual Guaranteed Remuneration Package
CFO and other Executives: 100% of Annual Guaranteed Remuneration Package
Executives may meet the commitment to acquire Gold Fields shares in accordance with
the MSR Policy through the election prior to the determination of cash bonuses, the
vesting of shares awarded under the Scheme, or through personal investment. Those
shares are thereafter restricted for the holding period and held in escrow.
Details of the trades are set out below:
Name of Prescribed Officer, Director of KM Carter
major subsidiary
Nature of transaction Off market acceptance of MSR Matching
Shares
Transaction Date 29 May 2025
Number of Shares 4,700
Class of Security Ordinary Shares
Market Price per Share at Award Date R393.1822
Total Value R1,847,956.34
Vesting Period The shares will be held until the end
of the respective 5-year holding
period which started on 1 March 2023
and ends on 1 March 2028
Nature of interest Direct and Beneficial
Name of Prescribed Officer CO Gratias
Nature of transaction Off market acceptance of MSR Matching
Shares
Transaction Date 29 May 2025
Number of Shares 10,494
Class of Security Ordinary Shares
Market Price per Share at Award Date R393.1822
Total Value R4,126,054.01
Vesting Period The shares will be held until the end
of the respective 5-year holding
period which started on 12 September
2024 and ends on 12 September 2029
Nature of interest Direct and Beneficial
Performance Shares
Ms. M Steyn and Mr. CO Gratias have accepted conditional Performance Shares which
were awarded in terms of the Gold Fields 2012 Share Plan ("Scheme") as amended.
The Performance Shares are effective as at 1 March 2024 and have a three-year vesting
period. The price per share at allocation was the 3-day VWAP from 27 February to 29
February 2024 as per the original award and as defined in the Scheme. Vesting of the
PS will be determined by the Company after achieving pre-determined performance
conditions measured over a three-year performance period from 1 January 2024 to 31
December 2026.
Accordingly, the following trades are announced:
Name of Prescribed Officer M Steyn
Off market acceptance of prorated
Nature of transaction
conditional Performance Shares
Class of Security Ordinary shares
Nature of interest Direct and Beneficial
Transaction Date 29 May 2025
Award Cycle 1 March 2024 – 1 March 2025
Employment Commencement Date 1 June 2024
Number of Shares Awarded 20,491
Market Price per share R244.6340
Total Value R5,012,795.29
The award vests after the end of the
performance period (31 December 2026)
Vesting Period
subject to achieving pre-determined
performance conditions.
Name of Prescribed Officer CO Gratias
Off market acceptance of prorated
Nature of transaction
conditional Performance Shares
Class of Security Ordinary shares
Nature of interest Direct and Beneficial
Transaction Date 29 May 2025
Award Cycle 1 March 2024 – 1 March 2025
Employment Commencement Date 12 September 2024
Number of Shares Awarded 15,288
Market Price per share R244.6340
Total Value R3,739,964.59
The award vests after the end of the
performance period (31 December 2026)
Vesting Period
subject to achieving pre-determined
performance conditions.
In terms of paragraph 3.66 of the Listings Requirements the necessary clearance to
deal in the above securities has been obtained.
30 May 2025
Sponsor:
JP Morgan Equities South Africa (Pty) Ltd
Date: 30-05-2025 02:20:00
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