(Incorporated in the Republic of South Africa)

(Registration number: 2003/020161/06)

Share code: WEZ

ISIN: ZAE000075859

(“Wesizwe” or the “Company”)

LIFTING OF SUSPENSION

Shareholders are referred to the announcement released by the JSE Limited (“JSE“) on SENS on 3 June 2025, in which shareholders were advised that the listing of Wesizwe’s securities had been suspended due to the Company’s failure to publish its audited annual financial statements for the year ended 31 December 2024 within the period prescribed by the JSE Listings Requirements (“Suspension“).

Shareholders are further referred to the monthly and quarterly suspension updates released by the Company, the latest of which was published on 28 May 2026, providing updates on the status of the Company and the steps being taken to address the Suspension.

The Company is pleased to advise shareholders that the JSE has lifted the Suspension of the listing of the Company’s securities with immediate effect. Accordingly, trading in Wesizwe shares on the JSE has resumed, and shareholders may trade their shares from today.

The Board would like to thank shareholders for their patience and continued support throughout the period of Suspension.

Johannesburg

11 June 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

(Registration number: 2003/020161/06)

Share code: WEZ

ISIN: ZAE000075859

(“Wesizwe” or the “Company”)

DISTRIBUTION OF INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING

1. DISTRIBUTION OF INTEGRATED ANNUAL REPORT

Annual Report (‘Integrated Report’), incorporating the summarised consolidated group financial statements for the year ended 31 December 2025 (‘Summarised Financial Statements’) and the notice of the Annual General Meeting (“AGM”) of the Company (‘Notice ofAGM’), was dispatched to Shareholders today, 5 June 2026.

The following documents will be available on the Company’s website, at www.wesizwe.co.za as from today, 5 June 2026:

2.1 the Integrated Report, incorporating the summarised financial statements and Notice of AGM:

https://wesizwe.co.za/wp-content/uploads/2026/06/wesizwe-iar-2025.pdf and

2.2 the Annual Financial Statements:

https://wesizwe.co.za/wp-content/uploads/2026/05/wesizwe_afs_december-2025.pdf

3. NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the AGM will be held virtually on Tuesday, 30 June 2026 to transact the business as set out in the abovementioned Notice of AGM.

Kindly note the following salient details:

Johannesburg

5 June 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

Registration number: 2003/020161/06

Share code: WEZ

ISIN number: ZAE000075859

(“Wesizwe” or “the Company”)

BAKUBUNG PLATINUM MINE ENTERS SECTION 189 CONSULTATIONS AND

OPERATIONAL UPDATE

Shareholders are advised that Bakubung Minerals (Pty) Ltd (“Bakubung”) will enter into consultations in terms of Section 189A of the Labour Relations Act 66 of 1995 (“Section 189A”), as amended with organized labour and other affected stakeholders, regarding the restructuring of its operations.

The initiation of the Section 189A consultation process follows a decision by the board of directors to discontinue the Company’s 1 Mtpa production strategy with immediate effect. In its place, the Company will pursue a revised development strategy based on a single-stage ramp-up to a 3.5 Mtpa operation. This revised strategy will necessitate a reduction in the number of employees required to establish and sustain the production profile contemplated in the updated business plan.

As part of its ongoing efforts to enhance operational efficiency, Bakubung has determined that a restructuring of its workforce is necessary to ensure the effective and sustainable operation of its business and to achieve a meaningful reduction in operating expenditure. The proposed restructuring is expected to affect approximately 497 employees across various staff levels and disciplines throughout the business.

Through the formal Section 189A consultation process, which will be facilitated under the auspices of the Commission for Conciliation, Mediation and Arbitration, the Company and all affected stakeholders will jointly consider measures and alternatives aimed at avoiding or mitigating potential retrenchments. Notwithstanding this, Bakubung’s preliminary assessment is that viable alternatives to workforce reduction are limited. Maintaining the current headcount of 706 employees would not constitute a reasonable or sustainable course of action, as it would fail to address the Company’s operational challenges and its imperative to implement efficiency measures and restore a trajectory of profitability and growth.

Shareholders are further advised that to facilitate meaningful engagement during the consultation process and create an environment that allows all parties to focus on the matters under consultation, Bakubung will implement a temporary operational shutdown for a period of three (3) weeks from 18H00 on 03 June 2026, while maintaining the Mine in a safe, secure, environmentally compliant and operationally ready condition.

Bakubung remains committed to engaging constructively with all relevant stakeholders in order to mitigate the impact on the remainder of its operations and its employees.Johannesburg

3 June 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

Registration number: 2003/020161/06

Share code: WEZ

ISIN number: ZAE000075859

(“Wesizwe” or “the Company”)

QUARTERLY SUSPENSION UPDATE

Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange (“JSE”) News Service, the last of which was published on 28 April 2026, relating to the suspension of the listing of the Company’s securities.

In terms of paragraph 1.11(c) of the JSE Listings Requirements, the Company is required to provide an update to shareholders regarding the current state of affairs of the Company until the suspension is lifted.

The Company published the following financial information in order to address its non- compliance with the JSE Listings Requirements relating to the timely publication of financial information:

 Condensed Unreviewed Consolidated Interim Financial Statements for the period ended 30 June 2025, published on Tuesday, 31 March 2026; and

 Audited Annual Financial Statements for the year ended 31 December 2025, incorporating the re-audit of the 2024 annual financial statements, published on Monday, 11 May 2026.

The Company remains on track to publish the Integrated Annual Report (“IAR”) for the year ended 31 December 2025 on or about 5 June 2026, as previously communicated in the update released on 26 May 2026.

Following publication of the IAR, the Company intends to commence the necessary processes to seek the lifting of the suspension in the trading of the Company’s shares.

Johannesburg

28 May 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

Registration number: 2003/020161/06

Share code: WEZ

ISIN number: ZAE000075859

(“Wesizwe” or “the Company”)

UPDATE: THE DISTRIBUTION OF THE INTEGRATED ANNUAL REPORT AND NOTICE

OF AGM

Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 11 May 2026, relating to the distribution of the integrated annual report (“IAR”).

The Company advises that the publication date of its IAR for the year ended 31 December 2025 has been revised from 29 May 2026 to on or about 5 June 2026. The delay is attributable to the need for additional time to finalise certain aspects of the IAR and related processes prior to publication.

Johannesburg

26 May 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

Registration number: 2003/020161/06

Share code: WEZ

ISIN number: ZAE000075859

(“Wesizwe”, “Group” or “the Company”)

AUDITED CONSOLIDATED AND SEPARATE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. SALIENT FEATURES

 Administration expenditure increased by R67.6 million to R165.2 million (2024: R94.6 million restated)

 Provision for legal claim of R22.2 million recognised (2024: R207.0 million).

 Headline earnings per share increased by 22.09 cents per share to headline earnings

of 9.86 cents per share (2024: headline loss of 12.23 cents per share restated).

 Earnings per share increased by 22.03 cents per share to earnings of 9.80 cents per

share (2024: loss of 12.23 cents per share restated).

 The board of directors, after careful consideration, has elected to not declare a dividend

for the year ending 31 December 2025(2024: nil).

2. RESTATEMENT OF PRIOR-YEAR COMPARATIVES

Shareholders are referred to the Group’s audited consolidated and separate financial statements for the year ended 31 December 2025, which include restated comparative information for the financial year ended 31 December 2024.

As previously disclosed, the Group experienced a material cybersecurity incident during the 2024 financial year which resulted in management being unable to provide sufficient and appropriate audit evidence in respect of certain transaction balances and underlying general ledger data. This led to a disclaimer of audit opinion on certain aspects of the 2024 financial results.

During the current financial year, management implemented interim financial systems, enhanced control procedures, and, with the support of independent third-party specialists, undertook a re-audit of the previously disclaimed 2024 balances. As a result, the affected prior-year financial statement line items have been reconstructed, substantiated, and restated where necessary.

The 2024 comparative information included in these results has accordingly been re-audited and reflects the outcome of this remediation process. Full details of the nature and impact of the restatements are disclosed in the relevant note to the audited annual

financial statements.

3. OUTLOOK

The successful re-audit and clearance of the previously disclaimed FY2024 balances represents a significant milestone for the Group and marks an important step in restoring confidence in the integrity of its financial reporting. Building on this progress, management has continued to strengthen the Group’s financial control environment and governance framework.

The implementation of SAP S/4HANA is well underway, with go-live expected at the beginning of June 2026. The fresh implementation has provided the Group with an opportunity to cleanse historical accounting data, standardise processes, enhance internal controls, and embed improved financial reporting discipline. In parallel, the Group has invested in the retraining and strengthening of its accounting and finance resources to support the enhanced control environment on an ongoing basis.

Following the publication of the audited FY2025 results and the integrated annual report together with the notice of annual general meeting which are expected to be published on 30 May 2026, the Group intends to formally engage with the JSE regarding the process to uplift the current suspension of its listing. Preparations are also underway for the Group’s interim results for the six months ending June 2026, which management intends to finalise and publish within the prescribed reporting timelines.

From a liquidity perspective, the early settlement of the China Development Bank loan has materially reduced near-term debt repayment obligations and provided the Group with improved financial flexibility. Operationally, shareholders are referred to the updated production and strategy SENS released on 30 March 2026, which outlined the Group’s revised development strategy to pursue a single-stage ramp-up to a 3.5 Mtpa operation.

Management remains focused on executing this strategy while maintaining financial discipline and operational stability.

4. SHORT-FORM ANNOUNCEMENT

This short-form announcement is the responsibility of the directors of the Company. It contains only a summary of the information in the consolidated and separate annual financial statements for the year ended 31 December 2025 (“Full Announcement”) and does not contain full or complete details. The Full Announcement can be found at:

https://senspdf.jse.co.za/documents/2026/JSE/ISSE/WEZ/YEWEZ25.pdf

A copy of the Full Announcement is also available for viewing on the Company’s website at:

https://wesizwe.co.za/wp-content/uploads/2026/05/wesizwe_afs_december-2025.pdf

Any investment decisions by investors and/or shareholders should be based on consideration of the Full Announcement, as a whole.The Full Announcement has been audited by the Company’s auditors, SizweNtsalubaGobodo Grant Thornton Inc. who expressed an unmodified audit opinion thereon. This auditor’s report is available, along with the Annual Financial Statements, on the Company’s website at:

https://senspdf.jse.co.za/documents/2026/JSE/ISSE/WEZ/YEWEZ25.pdf

It must however be noted that there is a material uncertainty relating to the Group’s going concern which indicates that the group’s cash resources excluding restricted cash are not sufficient, based on current budgets, to conduct operations and complete the development of the BPM Project. The ability of the Group and Company to continue as a going concern is dependent on the support of the majority shareholder Jinchuan Group (Hong Kong) Resources Holdings Limited (“JHK”) covering future development costs, commitments and JHK not calling on the current shareholder’s loans. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Group and Company’s ability to continue as a going concern. The auditors have expressed that opinion is not modified in respect of this matter.

The short-form announcement has not been reviewed or audited by the Company’s auditor.

5. UPDATE IN RELATION TO THE DISTRIBUTION OF THE INTEGRATED ANNUAL

REPORT

The Company’s integrated annual report incorporating the notice of the annual general meeting of the Company will be distributed to shareholders on 29 May 2026 and announced on SENS accordingly.

Johannesburg

11 May 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

Registration number: 2003/020161/06

Share code: WEZ

ISIN number: ZAE000075859

(“Wesizwe” or “the Company”)

TRADING STATEMENT

In accordance with the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next period to be reported on will differ by more than 20% from the financial results for the previous corresponding period.

The Wesizwe board of directors, therefore, wishes to advise shareholders that a reasonable degree of certainty exists that, for the financial year ended 31 December 2025, the Company will report:

– Earnings per share (“EPS”) of between 8.58 cents and 11.03 cents, representing an increase in EPS of between 170% and 190% compared to the restated loss per share (“LPS”) of 12.33 cents reported for the year ended 31 December 2024, noting the previous published LPS of 12.86 cents (“Previous Comparable Period’); and

– Headline earnings per share (“HEPS”) of between 8.64 cents and 11.08 cents, representing an increase in HEPS of between 171% and 191% compared to the restated headline loss per share (“HLPS”) of 12.23 cents reported for the Previous Comparable Period, noting the previous published HLPS of 12.86 cents.

The financial information on which this trading statement is based has not been reviewed and reported on by the Company’s external auditors.

The Company’s results for the financial year ended 31 December 2025 are expected to be published on or about 08 May 2026.

Johannesburg

06 May 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

(Registration number: 2003/020161/06)

Share code: WEZ

ISIN: ZAE000075859

(“Wesizwe” or the “Company”)

UPDATE: SUSPENSION OF LISTING

Shareholders are referred to the various announcements released on the Johannesburg

Stock Exchange (“JSE”) News Service, the last of which was published on 27 February 2026, relating to the suspension of the listing of the Company’s securities.

The Company has revised the publication date of its audited financial statements for the year ended 31 December 2025 from 30 April 2026 to no later than 15 May 2026. The delay in finalising and publishing the audited annual financial statements arose primarily from the identification and consideration of a number of accounting restatements, which necessitated additional audit procedures and extended audit work. These restatements and the related audit work were undertaken to ensure the accuracy, completeness and integrity of the Company’s financial information and to maintain appropriate standards of financial reporting and governance.

The December 2025 audit process will be completed in accordance with these timelines, following which the Company will commence the necessary steps to lift the suspension of trading in the Company’s shares.

Johannesburg

28 April 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

(Registration number: 2003/020161/06)

Share code: WEZ

ISIN: ZAE000075859

(“Wesizwe” or the “Company” or the “Group”)

CONDENSED UNREVIEWED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 30 JUNE 2025

1. SALIENT FEATURES

• Administration expenditure decreased by 63% to R13 065 million, from R35 054 million in the prior corresponding period.

• Net foreign exchange gains of R1 324 million due to the strengthening of the Rand against the US Dollar (2024: R170 million).

• Direct investment in property, plant and equipment decreased by 4% to R478 million from R496 million in 2024.

• Headline earnings per share and earnings per share increased by 4.32 cents to 13.20 cents per share (2024: headline earnings of 8.88 cents per share, restated).

• The board of directors, after careful consideration, has elected to not declare a dividend for the period ended 30 June 2025 (2024: nil).

2. RESTATEMENT OF PREVIOUSLY PUBLISHED INTERIM FINANCIAL RESULTS

Shareholders are advised that the Company has restated its previously published condensed consolidated interim financial statements for the period ended 30 June 2024.

The restatement arises from an error identified in the measurement of the mine closure and rehabilitation provision in that, an inflation-linked bond yield was incorrectly applied in discounting the estimated future rehabilitation cash flows, whereas a fixed-rate bond yield should have been used.

Management acknowledges that the impact of this restatement is below the materiality threshold; however, the adjustment has been made in the interest of prudence.

Full details of the restatement are included in Note 20 of the interim financial statements released on SENS and available on the Company’s website.

3. OUTLOOK

Following the cyber-attack which had a significant impact on the availability of Groups’ financial reporting systems, an independent firm was engaged to recover lost data, and an interim accounting software solution was implemented.

Furthermore, the Group undertook a re-audit of the 2024 annual financial statements to address the external auditor’s disclaimers, the re audit process is nearing completion, with no material differences identified to date. This progress supports the Group’s continued commitment to strengthen the integrity and reliability of its financial reporting.

In the interest of further enhancing internal controls, the Board has approved the implementation of SAP S/4 Hana ERP system, with the project on track for go-live at the beginning of June 2026.

The Group remains on schedule to publish the audited annual financial statements for the year ended 31 December 2025, by no later than 30 April 2026 in accordance with original audit plan. Upon completion of the audit, the Group will proceed with the necessary steps to apply for the lifting of the suspension of trading in its shares.

In light of the restatement, the Board has advised management to regularly attend IFRS refresher training to further strengthen financial reporting expertise going forward.

4. SHORT-FORM ANNOUNCEMENT

This short-form announcement is the responsibility of the directors of the Company. It contains only a summary of the information in the condensed unreviewed consolidated interim financial statements for the six months ended 30 June 2025 (“Full Announcement”) and does not contain full or complete details. The Full Announcement can be found at:

https://senspdf.jse.co.za/documents/2026/JSE/ISSE/WEZ/IntWEZ26.pdf

A copy of the Full Announcement is also available for viewing on the Company’s website at:

https://wesizwe.co.za/wp-content/uploads/2026/03/wesizwe-interims-june-2025.pdf

Any investment decisions by investors and/or shareholders should be based on consideration of the Full Announcement as a whole.

The interim results have not been reviewed or audited by the Company’s auditor.

Johannesburg

31 March 2026

Sponsor

PSG Capital

(Incorporated in the Republic of South Africa)

(Registration number: 2003/020161/06)

Share code: WEZ

ISIN: ZAE000075859

(“Wesizwe” or the “Company”)

UPDATE ON PRODUCTION STRATEGY

Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange (“JSE”) News Service, the last of which was published on 29 October 2025, relating to production ramp-up progress.

The Wesizwe board hereby advises shareholders and stakeholders that it has approved a strategic shift in the Company’s production strategy, with the objective of enhancing long-term value.

Accordingly, the previously communicated phased ramp-up approach, including the 1 Mtpa production strategy, has been discontinued with immediate effect. The Company will instead pursue a revised development strategy based on a single-stage ramp-up to a 3.5 Mtpa operation.

Preliminary technical assessments indicate that this approach represents the most optimal development pathway. A comprehensive optimization study will be undertaken to confirm these findings and to further refine the execution strategy (“Optimization Study”).

During the 2026 financial year, the Company will prioritize the completion of the Optimization Study alongside underground development activities, aimed at establishing the infrastructure required to support the envisaged production ramp-up.

The Company will keep shareholders informed of any material developments.

Johannesburg 30 March 2026

Sponsor

PSG Capital