31 March 2021
Tharisa, the leading integrated platinum and chrome producer with operations in
South Africa, is pleased to announce the acquisition of Salene Chrome Zimbabwe (Pvt) Limited ( Salene Chrome ) for
USD3.0 million. Salene Chrome is a development stage, low cost, open pit asset, located in the Great Dyke in
Zimbabwe. The acquisition provides geographic diversification with access to a premium chrome product, a short development timeline and a low capital requirement.
Shareholders are referred to the announcements wherein Tharisa advised that it had acquired an option to acquire a 90% shareholding in Salene Chrome at the par value thereof from Leto Settlement ( Leto ), a related party being an indirect material shareholder in Tharisa, published on
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Appointment of a non-executive director: Ms Shelley Wai Man Lo Amendment of the Summary of the principal terms of the Tharisa plc Long-Term Incentive Plan 2021 Withdrawal of resolution 3.3. to be tabled at Annual General Meeting ( AGM ) Shareholders are advised that ordinary resolution 3.3, which proposes the election of Ms Vaneese Wing Ye Chu as director of the Tharisa Board of Directors ( the Board ), has been withdrawn from consideration at the Company s upcoming AGM scheduled for 10 February 2021, due to Ms Chu no longer being available for election. She will therefore retire by rotation with effect from the conclusion of the AGM. Despite her relatively short tenure as member of the Board, Ms Chu has made a valuable contribution to the Company and the Board wishes her well.