VALTERRA PLATINUM LIMITED - Notification of major9 Sep 2025
Notification of major holdings

Valterra Platinum Limited
(previously Anglo American Platinum Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
JSE Share Code: VAL
LSE Share Code: VALT
ISIN: ZAE000013181
("The Company" or "Valterra Platinum")

9 September 2025

Notification of major holdings

As a result of Valterra Platinum's listings on the London and Johannesburg Stock Exchanges ('the Exchanges"), the
Company is required to notify both the Exchanges of matters which are required to be disclosed under the Disclosure
Guidance and Transparency Rules and the Listing Rules of the Financial Conduct Authority (the "FCA") and/or the JSE
Listings Requirements.

Accordingly, the Company advises of the receipt of the following TR-1 notification –


1. Issuer Details
ISIN
ZAE000013181
Issuer Name
Valterra Platinum Limited
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
Other
Comments
Increase in holdings following BlackRock's participation in accelerated bookbuild offering by Anglo American.
3. Details of person subject to the notification obligation
Name
BlackRock, Inc.
City of registered office (if applicable)
Wilmington
Country of registered office (if applicable)
USA
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
04-Sep-2025
6. Date on which Issuer notified
05-Sep-2025
7. Total positions of person(s) subject to the notification obligation
                          % of voting       % of voting rights
                                                                    Total of both
                          rights attached through financial                       Total number of voting
            .                                                       in % (8.A +
                          to shares (total instruments (total of                  rights held in issuer
                                                                    8.B)
                          of 8.A)           8.B 1 + 8.B 2)
  Resulting situation
  on the date on which
                         4.210000           0.810000                 5.020000      13223701
  threshold was
  crossed or reached

  Position of previous
  notification (if       Below 5%           Below 5%                 Below 5%
  applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of        Number of direct Number of indirect % of direct
                                                                              % of indirect voting rights
shares ISIN          voting rights       voting rights        voting rights
                                                                              (DTR5.2.1)
code(if possible) (DTR5.1)               (DTR5.2.1)           (DTR5.1)
ZAE000013181                            11062270                                  4.210000

Sub Total 8.A         11062270                                 4.210000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
                                                         Number of voting
                                                         rights that may be
Type of financial                    Exercise/conversion
                     Expiration date                     acquired if the     % of voting rights
instrument                           period
                                                         instrument is
                                                         exercised/converted
 American
                                                            166010                 0.060000
 Depository Receipt

 Securities Lending                                         826596                 0.310000

Sub Total 8.B1                                              992606                  0.370000%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of
              Expiration Exercise/conversion Physical or cash Number of
financial                                                                      % of voting rights
              date        period              settlement        voting rights
instrument
 CFD                                              Cash               1168825         0.440000

Sub Total                                                            1168825         0.440000%
8.B2
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are
effectively held starting with the ultimate controlling natural person or legal entities (please add additional
rows as necessary)
                                            % of voting       % of voting rights
                                            rights if it      through financial
 Ultimate                                                                               Total of both if it equals or
                      Name of controlled equals or is         instruments if it
 controlling                                                                            is higher than the
                      undertaking           higher than the equals or is higher
 person                                                                                 notifiable threshold
                                            notifiable        than the notifiable
                                            threshold         threshold
  BlackRock, Inc.      BlackRock Saturn
  (Chain 1)            Subco, LLC

  BlackRock, Inc.      BlackRock
  (Chain 1)            Finance, Inc.

  BlackRock, Inc.      BlackRock Holdco
  (Chain 1)            2, Inc.

                       BlackRock
  BlackRock, Inc.
                       Financial
  (Chain 1)
                       Management, Inc.

                       BlackRock
  BlackRock, Inc.
                       International
  (Chain 1)
                       Holdings, Inc.

                       BR Jersey
  BlackRock, Inc.
                       International
  (Chain 1)
                       Holdings L.P.

                       BlackRock
  BlackRock, Inc.
                       (Singapore)
  (Chain 1)
                       Holdco Pte. Ltd.

  BlackRock, Inc.      BlackRock HK
  (Chain 1)            Holdco Limited

  BlackRock, Inc.      BlackRock Lux
  (Chain 1)            Finco S.a.r.l.

  BlackRock, Inc.      BlackRock Japan
  (Chain 1)            Holdings GK

  BlackRock, Inc.      BlackRock Japan
  (Chain 1)            Co., Ltd.

  BlackRock, Inc.      BlackRock Saturn
  (Chain 2)            Subco, LLC
BlackRock, Inc.   BlackRock
(Chain 2)         Finance, Inc.

BlackRock, Inc.   Trident Merger,
(Chain 2)         LLC

                  BlackRock
BlackRock, Inc.
                  Investment
(Chain 2)
                  Management, LLC

BlackRock, Inc.   BlackRock Saturn
(Chain 3)         Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 3)         Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 3)         2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 3)
                  Management, Inc.

                  BlackRock
BlackRock, Inc.
                  International
(Chain 3)
                  Holdings, Inc.

                  BR Jersey
BlackRock, Inc.
                  International
(Chain 3)
                  Holdings L.P.

BlackRock, Inc.   BlackRock Holdco
(Chain 3)         3, LLC

BlackRock, Inc.   BlackRock
(Chain 3)         Cayman 1 LP

                  BlackRock
BlackRock, Inc.
                  Cayman West Bay
(Chain 3)
                  Finco Limited

                  BlackRock
BlackRock, Inc.
                  Cayman West Bay
(Chain 3)
                  IV Limited

BlackRock, Inc.   BlackRock Group
(Chain 3)         Limited

                  BlackRock
BlackRock, Inc.
                  Finance Europe
(Chain 3)
                  Limited
                  BlackRock
BlackRock, Inc.   Investment
(Chain 3)         Management (UK)
                  Limited

BlackRock, Inc.   BlackRock Saturn
(Chain 4)         Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 4)         Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 4)         2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 4)
                  Management, Inc.

                  BlackRock
BlackRock, Inc.
                  International
(Chain 4)
                  Holdings, Inc.

                  BR Jersey
BlackRock, Inc.
                  International
(Chain 4)
                  Holdings L.P.

                  BlackRock
BlackRock, Inc.
                  Australia Holdco
(Chain 4)
                  Pty. Ltd.

                  BlackRock
BlackRock, Inc.   Investment
(Chain 4)         Management
                  (Australia) Limited

BlackRock, Inc.   BlackRock Saturn
(Chain 5)         Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 5)         Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 5)         2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 5)
                  Management, Inc.

                  BlackRock
BlackRock, Inc.
                  International
(Chain 5)
                  Holdings, Inc.
                  BR Jersey
BlackRock, Inc.
                  International
(Chain 5)
                  Holdings L.P.

BlackRock, Inc.   BlackRock Holdco
(Chain 5)         3, LLC

BlackRock, Inc.   BlackRock
(Chain 5)         Cayman 1 LP

                  BlackRock
BlackRock, Inc.
                  Cayman West Bay
(Chain 5)
                  Finco Limited

                  BlackRock
BlackRock, Inc.
                  Cayman West Bay
(Chain 5)
                  IV Limited

BlackRock, Inc.   BlackRock Group
(Chain 5)         Limited

                  BlackRock
BlackRock, Inc.
                  International
(Chain 5)
                  Limited

BlackRock, Inc.   BlackRock Saturn
(Chain 6)         Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 6)         Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 6)         2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 6)
                  Management, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 6)         4, LLC

BlackRock, Inc.   BlackRock Holdco
(Chain 6)         6, LLC

                  BlackRock
BlackRock, Inc.
                  Delaware
(Chain 6)
                  Holdings Inc.

BlackRock, Inc.   BlackRock
(Chain 6)         Institutional Trust
                  Company,
                  National
                  Association

BlackRock, Inc.   BlackRock Saturn
(Chain 7)         Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 7)         Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 7)         2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 7)
                  Management, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 7)         4, LLC

BlackRock, Inc.   BlackRock Holdco
(Chain 7)         6, LLC

                  BlackRock
BlackRock, Inc.
                  Delaware
(Chain 7)
                  Holdings Inc.

BlackRock, Inc.   BlackRock Fund
(Chain 7)         Advisors

BlackRock, Inc.   BlackRock Saturn
(Chain 8)         Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 8)         Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 8)         2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 8)
                  Management, Inc.

BlackRock, Inc.   BlackRock Saturn
(Chain 9)         Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 9)         Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 9)         2, Inc.
                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 9)
                  Management, Inc.

                  BlackRock
BlackRock, Inc.
                  International
(Chain 9)
                  Holdings, Inc.

                  BR Jersey
BlackRock, Inc.
                  International
(Chain 9)
                  Holdings L.P.

                  BlackRock
BlackRock, Inc.
                  (Singapore)
(Chain 9)
                  Holdco Pte. Ltd.

BlackRock, Inc.   BlackRock HK
(Chain 9)         Holdco Limited

                  BlackRock Asset
BlackRock, Inc.
                  Management
(Chain 9)
                  North Asia Limited

BlackRock, Inc.   BlackRock Saturn
(Chain 10)        Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 10)        Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 10)        2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 10)
                  Management, Inc.

                  BlackRock
BlackRock, Inc.
                  International
(Chain 10)
                  Holdings, Inc.

                  BlackRock
BlackRock, Inc.
                  Canada Holdings
(Chain 10)
                  ULC

                  BlackRock Asset
BlackRock, Inc.
                  Management
(Chain 10)
                  Canada Limited

BlackRock, Inc.   BlackRock Saturn
(Chain 11)        Subco, LLC
BlackRock, Inc.   BlackRock
(Chain 11)        Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 11)        2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 11)
                  Management, Inc.

BlackRock, Inc.   BlackRock Capital
(Chain 11)        Holdings, Inc.

BlackRock, Inc.   BlackRock
(Chain 11)        Advisors, LLC

BlackRock, Inc.   BlackRock Saturn
(Chain 12)        Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 12)        Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 12)        2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 12)
                  Management, Inc.

                  BlackRock
BlackRock, Inc.
                  International
(Chain 12)
                  Holdings, Inc.

                  BR Jersey
BlackRock, Inc.
                  International
(Chain 12)
                  Holdings L.P.

BlackRock, Inc.   BlackRock Holdco
(Chain 12)        3, LLC

BlackRock, Inc.   BlackRock
(Chain 12)        Cayman 1 LP

                  BlackRock
BlackRock, Inc.
                  Cayman West Bay
(Chain 12)
                  Finco Limited

                  BlackRock
BlackRock, Inc.
                  Cayman West Bay
(Chain 12)
                  IV Limited
BlackRock, Inc.   BlackRock Group
(Chain 12)        Limited

                  BlackRock
BlackRock, Inc.
                  Finance Europe
(Chain 12)
                  Limited

                  BlackRock
BlackRock, Inc.
                  Advisors (UK)
(Chain 12)
                  Limited

BlackRock, Inc.   BlackRock Saturn
(Chain 13)        Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 13)        Finance, Inc.

BlackRock, Inc.   BlackRock Holdco
(Chain 13)        2, Inc.

                  BlackRock
BlackRock, Inc.
                  Financial
(Chain 13)
                  Management, Inc.

                  BlackRock
BlackRock, Inc.
                  International
(Chain 13)
                  Holdings, Inc.

                  BR Jersey
BlackRock, Inc.
                  International
(Chain 13)
                  Holdings L.P.

                  BlackRock
BlackRock, Inc.
                  (Singapore)
(Chain 13)
                  Holdco Pte. Ltd.

                  BlackRock
BlackRock, Inc.
                  (Singapore)
(Chain 13)
                  Limited

BlackRock, Inc.   BlackRock Saturn
(Chain 14)        Subco, LLC

BlackRock, Inc.   BlackRock
(Chain 14)        Finance, Inc.

BlackRock, Inc.   Trident Merger,
(Chain 14)        LLC
                         BlackRock
  BlackRock, Inc.
                         Investment
  (Chain 14)
                         Management, LLC

  BlackRock, Inc.        Amethyst
  (Chain 14)             Intermediate, LLC

  BlackRock, Inc.        Aperio Holdings,
  (Chain 14)             LLC

  BlackRock, Inc.
                         Aperio Group, LLC
  (Chain 14)

10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
BlackRock Regulatory Threshold Reporting Team
Jana Blumenstein
020 7743 3650
12. Date of Completion
05th September 2025
13. Place Of Completion
12 Throgmorton Avenue, London, EC2N 2DL, U.K.

JSE sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities

For further information, please contact:

Investors:
Leroy Mnguni
leroy.mnguni@valterraplatinum.com

Marcela Grochowina
marcela.grochowina@valterraplatinum.com

Media:
Cindy Maneveld
cindy.maneveld@valterraplatinum.com


Company Secretary
Fiona Edmundson
fiona.edmundson@valterraplatinum.com

About Valterra Platinum
Valterra Platinum Limited is one of the world's leading integrated producers of platinum group metals (PGMs) with a primary
listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange. With a portfolio of
world class, long-life mines and the most efficient processing assets in the industry, the company responsibly mines,
smelts and refines PGMs and associated co-products from its operations located in South Africa and Zimbabwe. With its
integrated value chain, supported by marketing hubs in London, Singapore and Shanghai, the company delivers tailored
solutions for its customers. The Company continues to integrate sustainability into everything it does, supports investment
in its mining and processing capabilities and pursues market development activities to grow and commercialise new
demand segments. It also makes a meaningful impact to communities around its operations and will deliver consistent
and superior returns to shareholders. Valterra Platinum is committed to zero harm, capital allocation discipline and
delivering on our value-accretive strategic priorities as a standalone, leading integrated PGM producer, guided by our
purpose of unearthing value to better our world

Date: 09-09-2025 05:45:00
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