(Incorporated in the Republic of South Africa)

(Registration number: 2003/020161/06)

Share code: WEZ

ISIN: ZAE000075859

(“Wesizwe” or the “Company”)

UPDATE ON THE SECTION 189A CONSULTATION PROCESS AT BAKUBUNG

PLATINUM MINE

Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 31 July 2026, relating to the temporary suspension of operations at Bakubung Platinum Mine ( BPM” or “the Mine)and are advised that the consultation and facilitation process in terms of Section 189A of the Labour Relations Act, 66 of 1995 (“LRA“), conducted under the auspices of the Commission for Conciliation, Mediation and Arbitration, officially concluded on 31 August 2026.

Throughout the process, management engaged extensively with recognised labour representatives and affected non-unionised employees. The consultations focused on exploring potential alternatives to retrenchment and considering mitigation measures aligned with both the statutory requirements of the LRA and the operational requirements of the Mine. The consultation process resulted in a restructuring settlement agreement being concluded with the Association of Mineworkers and Construction Union and representatives of affected employees outside the bargaining unit. Despite extensive engagement, no agreement was reached with the National Union of Mineworkers which did not sign the restructuring settlement agreement.

Management is currently finalising the post-consultation administrative processes, which include reintegrating retained employees and determining the final outcomes regarding the termination of affected employees. Once internal validation and implementation steps are completed, the Company will formally communicate the verified final impact and key operational restart milestones through the appropriate regulatory, shareholder, and employee channels.

The Company acknowledges the period of uncertainty experienced by employees, their families, and the surrounding local communities during this process. The board and management remain committed to maintaining respectful stakeholder engagement, ensuring safe and responsible operations, and driving the long-term sustainability of the BPM.

Johannesburg

3 September 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”)

OPERATIONAL UPDATE: TEMPORARY SUSPENSION OF OPERATIONS AT BAKUBUNG PLATINUM MINE

Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 17 July 2026, relating to the phased restart of operations at the Bakubung Platinum Mine (“BPM” or “the Mine“).

Shareholders are advised that mining operations at BPM were temporarily suspended on 31 July 2026 following employee feedback sessions conducted by the recognised trade unions regarding the ongoing Section 189A consultation process. Following these engagements, a large number of employees gathered at the Mine.

After assessing the prevailing circumstances, management determined that the health, safety and security risks associated with continuing operations had increased to an unacceptable level. Accordingly, as a precautionary measure, the Company temporarily suspended mining operations.

Essential services will continue to operate to ensure that the Mine remains safe, secure and environmentally compliant throughout the period of suspension. The suspension will remain in place until management is satisfied that it is safe to resume operations, taking into account the prevailing circumstances and the progress of the ongoing Section 189A consultation process.

The Company remains committed to engaging constructively with the recognised trade unions through the established consultation process and will provide shareholders with further updates as and when appropriate.

.

Johannesburg

31 July 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”)

OPERATIONAL UPDATE: CONCLUSION OF AGREEMENTS WITH

RECOGNISED TRADE UNIONS

Shareholders are referred to the various announcements released on the Johannesburg Stock Exchange News Service, the last of which was published on 26 June 2026, relating to the phased restart of operations (“Restart of Operations”) at the Bakubung Platinum Mine (“BPM”), which was subject to concluding agreements with recognised trade unions and employee representatives.

The Company is pleased to advise shareholders that negotiations have successfully concluded, securing agreements with all recognised labour representatives at BPM:

 Association of Mineworkers and Construction Union: A Memorandum of Agreement (“MoA”) was signed on 16 July 2026.

 Non-Bargaining Unit: A MoA was signed on 26 June 2026.

 National Union of Mineworkers: Operations continue to be guided by the existing Peace Agreement signed on 21 February 2024, which remains fully in force.

PROGRESSION OF THE RESTART

The structured and phased Restart of Operations is proceeding. Management remains focused on a safe, responsible, and compliant return to full capacity, prioritising employee health and safety and adhering strictly to the Mine Health and Safety Act.

The Company will keep shareholders informed of any material developments.

Johannesburg

17 July 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”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held virtually at 09:00 today, Tuesday, 30 June 2026 (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders.

Details of the results of the voting at the AGM are as follows:

Note:

*Total number of shares in issue as at the date of the AGM was 1,627,827,058, of which none were treasury shares.

Johannesburg

30 June 2026

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: OPERATIONAL UPDATE

Shareholders are referred to the announcements released on the Johannesburg Stock Exchange News Service, the last of which was dated 3 June 2026, relating to Bakubung Platinum Mine (“BPM”) entering Section 189 Consultations and an Operational update.

The temporary operational shutdown at BPM, was implemented to facilitate the Section 189 consultation process and related stakeholder engagements.

The Company is pleased to advise shareholders that, following constructive progress in these engagements, it intends to commence a phased restart of operations (“Restart of Operations”) during the week commencing 29 June 2026, subject to the conclusion of a memorandum of agreement currently under discussion with the recognised trade unions and employee representatives.

The Restart of Operations has been carefully planned and will follow a structured, phased approach that places the highest priority on the health and safety of employees and contractors, compliance with all applicable legal and regulatory requirements, and the safe recommissioning of mining and processing activities.

Employees and contractors will return to site in a controlled and progressive manner. The initial phase will include medical screening, inductions, statutory inspections, legal compliance verification, essential maintenance activities and the progressive recommissioning of critical infrastructure before normal mining operations resume.

Management believes that this disciplined approach is essential to ensuring that the Restart of Operations is safe, responsible and sustainable, while maintaining full compliance with the Mine Health and Safety Act and other applicable legislative requirements.

The Company will continue to keep shareholders informed of any material developments relating to the Restart of Operations.

Johannesburg

26 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”)

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

(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