WESIZWE PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2003/020161/06
Share code: WEZ
ISIN number: ZAE000075859
(“Wesizwe” or “the Company”)
UPDATE: SAP S/4HANA ERP SYSTEM IMPLEMENTATION
Shareholders are referred to the announcements released on the Johannesburg Stock Exchange (“JSE”) News Service, the last of which was published on 31 March 2026, relating to the re-implementation of SAP S/4 Hana ERP system.
The Board approved the implementation of a new SAP S/4HANA Enterprise Resource Planning (“ERP”) system to replace the existing SAP ERP system lost in the cyberattack experienced by the Company in December 2024. The project is intended to strengthen the Company’s internal control environment and enhance operational efficiency, with an initial go-live target of early June 2026. However, while the original go-live timeline (early June 2026) was impacted by delays in finalising the Audited Annual Financial Statements for the year ended 31 December 2025 (“AFS”), this was a necessary step to ensure data accuracy and integrity within the new system.
Following the completion of the December 2025 AFS, the re-implementation of SAP S/4 Hana ERP system project advanced significantly:
• Core system setup and configuration have been completed
• Master data has been fully reviewed and standardised
• Opening balances are in the final stages of migration
The project is now entering its final phase, with migration to the live production environment imminent. This will enable user access and mark the transition to operational use of the platform.
Near-Term Priorities
• Management is focused on ensuring a smooth transition and rapid stabilisation post go-live. Key activities include:
• Targeted onsite user training and refresher programmes
• Back-capturing and processing of transactions from January 2026 to date
• Integration of additional group entities into the system
• Rollout of enhanced functionality, including asset, inventory, and maintenance management
The Company remains committed to ensuring a controlled and effective implementation of the SAP S/4HANA system and will keep shareholders informed of any material developments.
Johannesburg
24 June 2026
Sponsor
PSG Capital