<SEC-DOCUMENT>0001023512-23-000006.txt : 20230508
<SEC-HEADER>0001023512-23-000006.hdr.sgml : 20230508
<ACCEPTANCE-DATETIME>20230508135902
ACCESSION NUMBER:		0001023512-23-000006
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230508
FILED AS OF DATE:		20230508
DATE AS OF CHANGE:		20230508

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DRDGOLD LTD
		CENTRAL INDEX KEY:			0001023512
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35387
		FILM NUMBER:		23897058

	BUSINESS ADDRESS:	
		STREET 1:		45 EMPIRE ROAD
		STREET 2:		PARKTOWN
		CITY:			JOHANNESBURG
		STATE:			T3
		ZIP:			2193
		BUSINESS PHONE:		27113817800

	MAIL ADDRESS:	
		STREET 1:		PO BOX 390
		STREET 2:		MARAISBURG
		CITY:			JOHANNESBURG
		STATE:			T3
		ZIP:			1700

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DURBAN ROODEPOORT DEEP LTD
		DATE OF NAME CHANGE:	19960924
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>operatingupdate2023q3.htm
<DESCRIPTION>OPERATING UPDATE FOR THE QUARTER ENDED 31 MARCH 2023
<TEXT>
<!--EDGAR HTML document created by Certent CDM HD version: 22.2.0-->
<html>
<head><title>operatingupdate2023q3</title>
</head>
<body bgcolor="#e6e6e6" style="font-family:Arial;font-style:normal;font-size:14.64px;font-weight:normal;font-stretch:normal;color:#000000;">
<div id="fixed-layout-inline-document" style="display:none;"></div><div id="Doc1" style="background-color:RGB(230, 230, 230);line-height:normal;">
<div style="padding: 7px">
<div id="Page1" style="background-color:RGB(255, 255, 255);position:relative;margin-left:auto;margin-right:auto;overflow:hidden;border-style:solid;border-width:thin;border-color:RGB(198, 198, 198);page-break-after:always;width:794px;height:1123px;">
<div id="a1" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:224.7px;top:94.8px;">SECURITIES AND EXCHANGE COMMISSION </div><div id="a4" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:314px;top:113.2px;">Washington, D.C. 20549</div><div id="a6" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:308.9px;top:131.6px;">______________________ </div><div id="a9" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:357.6px;top:168.4px;">FORM 6-K </div><div id="a14" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:234.4px;top:205.2px;">REPORT OF A FOREIGN PRIVATE<div style="display:inline-block;width:7.7px">&#160;</div>ISSUER </div><div id="a16" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:251.7px;top:223.6px;">PURSUANT TO RULE 13a-16 OR 15d-16 </div><div id="a22" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:200.8px;top:242px;">UNDER THE SECURITIES EXCHANGE ACT OF 1934 </div><div id="a25" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:351.3px;top:278.8px;">May 08, 2023 </div><div id="a31" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:280.7px;top:315.6px;">Commission File Number 0-28800 </div><div id="a36" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:308.9px;top:334px;">______________________ </div><div id="a39" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:326.9px;top:370.8px;">DRDGOLD Limited </div><div id="a41" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:323.7px;top:389.2px;">Constantia Office Park </div><div id="a43" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:250.3px;top:407.6px;">Cnr 14th Avenue and Hendrik Potgieter Road </div><div id="a45" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:264.3px;top:425.9px;">Cycad House, Building 17, Ground Floor </div><div id="a47" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:321.3px;top:444.3px;">Weltevreden Park<div style="display:inline-block;width:5.3px">&#160;</div>1709 </div><div id="a50" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:271.5px;top:481.1px;">(</div><div id="a51" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-style:italic;left:276.9px;top:481.1px;">Address of principal executive offices</div><div id="a52" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:516.9px;top:481.1px;">) </div><div id="a54" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:308.9px;top:499.5px;">______________________ </div><div id="a58" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:554.7px;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-</div><div id="a60" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:573.1px;">F or Form 40-</div><div id="a62" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:158.3px;top:573.1px;letter-spacing:0.63px;">F. </div><div id="a65" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:287.7px;top:609.9px;">Form 20-F </div><div id="a68" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:360.6px;top:609.9px;">&#9745;</div><div id="a69" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:374.9px;top:609.9px;"><div style="display:inline-block;width:44px">&#160;</div>Form 40-F </div><div id="a73" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:491.8px;top:609.9px;">&#9744;</div><div id="a76" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:646.7px;">Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by </div><div id="a81" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:667.5px;">Regulation S-T Rule 101(b)(1): </div><div id="a86" style="position:absolute;font-family:&apos;Segoe UI Symbol&apos;;font-size:16px;left:274.4px;top:664.8px;">&#9744;</div><div id="a88" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:100.1px;top:686.4px;"><div style="display:inline-block;width:4px">&#160;</div></div><div id="a90" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:704.8px;">Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by </div><div id="a95" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:725.5px;">Regulation S-T Rule 101(b)(7): </div><div id="a100" style="position:absolute;font-family:&apos;Segoe UI Symbol&apos;;font-size:16px;left:274.4px;top:722.9px;">&#9744;</div><div id="a107" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:68.1px;top:904.3px;"><div style="display:inline-block;width:192px">&#160;</div></div></div>
</div>
<div style="padding: 7px">
<div id="Page2" style="background-color:RGB(255, 255, 255);position:relative;margin-left:auto;margin-right:auto;overflow:hidden;border-style:solid;border-width:thin;border-color:RGB(198, 198, 198);page-break-after:always;width:794px;height:1123px;">
<div style="position:absolute; width:50.7px; height:1.5px; left:68.1px; top:95.6px; background-color:#000000; ">&#160;</div>
<div id="a109" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:60.8px;"><div style="display:inline-block;width:48px">&#160;</div></div><div id="a112" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:68.1px;top:79.2px;">Exhibit </div><div id="a114" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:100.4px;"><div style="display:inline-block;width:4px">&#160;</div></div><div id="a116" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:124.3px;">99.1<div style="display:inline-block;width:20px">&#160;</div>Release<div style="display:inline-block;width:6.9px">&#160;</div>dated<div style="display:inline-block;width:6.7px">&#160;</div>May<div style="display:inline-block;width:6.8px">&#160;</div>08,<div style="display:inline-block;width:6.8px">&#160;</div>2023<div style="display:inline-block;width:6.8px">&#160;</div>&#8220;OPERATING<div style="display:inline-block;width:8.7px">&#160;</div>UPDATE<div style="display:inline-block;width:8.5px">&#160;</div>FOR<div style="display:inline-block;width:6.8px">&#160;</div>THE<div style="display:inline-block;width:6.8px">&#160;</div>QUARTER<div style="display:inline-block;width:7.7px">&#160;</div>ENDED<div style="display:inline-block;width:6.8px">&#160;</div>31 </div><div id="a125" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:116.1px;top:145.5px;">MARCH 2023&#8221;<div style="display:inline-block;width:4px">&#160;</div></div><div id="a129" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:68.1px;top:180px;"><div style="display:inline-block;width:192px">&#160;</div></div></div>
</div>
<div style="padding: 7px">
<div id="Page3" style="background-color:RGB(255, 255, 255);position:relative;margin-left:auto;margin-right:auto;overflow:hidden;border-style:solid;border-width:thin;border-color:RGB(198, 198, 198);page-break-after:always;width:794px;height:1123px;">
<div style="position:absolute; width:98.6px; height:1px; left:406.9px; top:222.1px; background-color:#000000; ">&#160;</div>
<div id="a131" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:344.9px;top:60.8px;">SIGNATURES </div><div id="a133" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:92.5px;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused </div><div id="a134" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:110.9px;">this report to be signed on its behalf by the undersigned, thereunto duly authorized. </div><div id="a138" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:380.1px;top:174.5px;">DRDGOLD LIMITED </div><div id="a140" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:206.1px;">Date: May 08, 2023<div style="display:inline-block;width:184.1px">&#160;</div>By: /s/ Riaan Davel </div><div id="a151" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:224.5px;"><div style="display:inline-block;width:352.1px">&#160;</div>Name: Riaan Davel </div><div id="a156" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.1px;top:242.9px;"><div style="display:inline-block;width:352.1px">&#160;</div>Title: Chief Financial Officer </div></div>
</div>
<div style="padding: 7px">
<div id="Page4" style="background-color:RGB(255, 255, 255);position:relative;margin-left:auto;margin-right:auto;overflow:hidden;border-style:solid;border-width:thin;border-color:RGB(198, 198, 198);page-break-after:always;width:794px;height:1123px;">
<div style="position:absolute; width:661.7px; height:1px; left:65.7px; top:254.6px; background-color:#000000; ">&#160;</div>
<div style="position:absolute; width:661.7px; height:1px; left:65.7px; top:273.1px; background-color:#000000; ">&#160;</div>
<div style="position:absolute; width:77.4px; height:1.5px; left:95.8px; top:377.5px; background-color:#000000; ">&#160;</div>
<div style="position:absolute; width:108.4px; height:1.5px; left:95.8px; top:523.9px; background-color:#000000; ">&#160;</div>
<div style="position:absolute; width:136.1px; height:1.5px; left:95.8px; top:778.4px; background-color:#000000; ">&#160;</div>
<div id="a171" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:569px;top:60.8px;">Exhibit 99.1 </div><div id="a174" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;font-weight:bold;left:334.7px;top:113px;">DRDGOLD LIMITED </div><div id="a176" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:263.5px;top:130.6px;">(Incorporated in the Republic of South Africa) </div><div id="a179" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:282.3px;top:148.2px;">(Registration number 1895/000926/06) </div><div id="a181" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:333.9px;top:165.9px;">ISIN: ZAE000058723 </div><div id="a183" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:331.7px;top:183.5px;">JSE share code: DRD </div><div id="a185" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:315.4px;top:201.2px;">NYSE trading symbol: DRD </div><div id="a187" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:298.7px;top:218.8px;">(&#8220;</div><div id="a188" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;font-weight:bold;left:307.6px;top:218.8px;">DRDGOLD</div><div id="a189" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:375.1px;top:218.8px;">&#8221; or the &#8220;</div><div id="a190" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;font-weight:bold;left:425.5px;top:218.8px;">Company</div><div id="a191" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:486.2px;top:218.8px;">&#8221;) </div><div id="a193" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;font-weight:bold;left:184.3px;top:257.2px;">OPERATING UPDATE<div style="display:inline-block;width:5.5px">&#160;</div>FOR THE QUARTER ENDED 31 MARCH 2023 </div><div id="a202" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:92.1px;top:293.2px;">The operating update of the Company for the quarter ended 31 March 2023 is as follows: </div><div id="a212" style="position:absolute;font-family:&apos;Calibri&apos;;font-weight:bold;left:467.7px;top:323.9px;">Quarter ended </div><div id="a214" style="position:absolute;font-family:&apos;Calibri&apos;;font-weight:bold;left:567.7px;top:323.9px;">Quarter ended </div><div id="a221" style="position:absolute;font-family:&apos;Calibri&apos;;font-weight:bold;left:476.2px;top:343.1px;">31 MAR 2023 </div><div id="a227" style="position:absolute;font-family:&apos;Calibri&apos;;font-weight:bold;left:582.1px;top:343.1px;">31 DEC 2022 </div><div id="a234" style="position:absolute;font-family:&apos;Calibri&apos;;font-weight:bold;left:664px;top:343.1px;">% change </div><div id="a237" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:95.8px;top:362.5px;">Production </div><div id="a245" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:381.7px;">Gold produced </div><div id="a248" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:381.7px;">kg </div><div id="a250" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:381.7px;"><div style="display:inline-block;width:44.9px">&#160;</div>1 329<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a253" style="position:absolute;font-family:&apos;Arial&apos;;left:585.1px;top:381.7px;"><div style="display:inline-block;width:32.6px">&#160;</div>1 278<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a256" style="position:absolute;font-family:&apos;Arial&apos;;left:700.2px;top:381.7px;">4% </div><div id="a261" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:399.7px;">oz </div><div id="a263" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:399.7px;"><div style="display:inline-block;width:32.6px">&#160;</div>42 728<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a266" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:399.7px;"><div style="display:inline-block;width:20.4px">&#160;</div>41 089<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a269" style="position:absolute;font-family:&apos;Arial&apos;;left:700.2px;top:399.7px;">4% </div><div id="a272" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:417.7px;">Gold sold </div><div id="a275" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:417.7px;">kg </div><div id="a277" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:417.7px;"><div style="display:inline-block;width:44.9px">&#160;</div>1 289<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a280" style="position:absolute;font-family:&apos;Arial&apos;;left:585.1px;top:417.7px;"><div style="display:inline-block;width:32.6px">&#160;</div>1 320<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a283" style="position:absolute;font-family:&apos;Arial&apos;;left:690.5px;top:417.7px;">(2%) </div><div id="a288" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:435.7px;">oz </div><div id="a290" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:435.7px;"><div style="display:inline-block;width:32.6px">&#160;</div>41 442<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a293" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:435.7px;"><div style="display:inline-block;width:20.4px">&#160;</div>42 439<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a296" style="position:absolute;font-family:&apos;Arial&apos;;left:690.5px;top:435.7px;">(2%) </div><div id="a299" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:453.7px;">Ore milled </div><div id="a302" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:453.7px;">Metric (000't)<div style="display:inline-block;width:4.2px">&#160;</div></div><div id="a304" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:453.7px;"><div style="display:inline-block;width:44.9px">&#160;</div>5 217<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a307" style="position:absolute;font-family:&apos;Arial&apos;;left:585.1px;top:453.7px;"><div style="display:inline-block;width:32.6px">&#160;</div>5 686<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a310" style="position:absolute;font-family:&apos;Arial&apos;;left:690.5px;top:453.7px;">(8%) </div><div id="a313" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:471.7px;">Yield </div><div id="a316" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:471.7px;">Metric (g/t) </div><div id="a318" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:471.7px;"><div style="display:inline-block;width:40.8px">&#160;</div>0.255<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a321" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:471.7px;"><div style="display:inline-block;width:28.6px">&#160;</div>0.225<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a324" style="position:absolute;font-family:&apos;Arial&apos;;left:692.1px;top:471.7px;">13% </div><div id="a334" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:95.8px;top:508.9px;">Price and costs </div><div id="a342" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:528.1px;">Average gold price received </div><div id="a346" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:528.1px;">R per kg </div><div id="a348" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:528.1px;"><div style="display:inline-block;width:12.2px">&#160;</div>1 079 878<div style="display:inline-block;width:4.2px">&#160;</div></div><div id="a351" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:528.1px;"><div style="display:inline-block;width:12.2px">&#160;</div>977 126<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a354" style="position:absolute;font-family:&apos;Arial&apos;;left:692.1px;top:528.1px;">11% </div><div id="a359" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:546.2px;">US$ per oz </div><div id="a361" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:546.2px;"><div style="display:inline-block;width:44.9px">&#160;</div>1 893<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a364" style="position:absolute;font-family:&apos;Arial&apos;;left:585.1px;top:546.2px;"><div style="display:inline-block;width:32.6px">&#160;</div>1 726<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a367" style="position:absolute;font-family:&apos;Arial&apos;;left:692.1px;top:546.2px;">10% </div><div id="a370" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:564.2px;">Adjusted EBITDA * </div><div id="a373" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:564.2px;">Rm </div><div id="a375" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:564.2px;"><div style="display:inline-block;width:40.8px">&#160;</div>488.5<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a378" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:564.2px;"><div style="display:inline-block;width:28.6px">&#160;</div>318.0<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a381" style="position:absolute;font-family:&apos;Arial&apos;;left:692.1px;top:564.2px;">54% </div><div id="a386" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:582.2px;">US$m </div><div id="a388" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:582.2px;"><div style="display:inline-block;width:53px">&#160;</div>27.5<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a391" style="position:absolute;font-family:&apos;Arial&apos;;left:585.1px;top:582.2px;"><div style="display:inline-block;width:40.8px">&#160;</div>18.1<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a394" style="position:absolute;font-family:&apos;Arial&apos;;left:692.1px;top:582.2px;">52% </div><div id="a397" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:600.2px;">Cash operating costs </div><div id="a400" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:600.2px;">R/t </div><div id="a402" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:600.2px;"><div style="display:inline-block;width:40.8px">&#160;</div>170.3<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a405" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:600.2px;"><div style="display:inline-block;width:28.6px">&#160;</div>156.0<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a408" style="position:absolute;font-family:&apos;Arial&apos;;left:700.2px;top:600.2px;">9% </div><div id="a413" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:618.2px;">US$/t </div><div id="a415" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:618.2px;"><div style="display:inline-block;width:65.3px">&#160;</div>10<div style="display:inline-block;width:4px">&#160;</div></div><div id="a418" style="position:absolute;font-family:&apos;Arial&apos;;left:581px;top:618.2px;"><div style="display:inline-block;width:65.3px">&#160;</div>9<div style="display:inline-block;width:4px">&#160;</div></div><div id="a421" style="position:absolute;font-family:&apos;Arial&apos;;left:692.1px;top:618.2px;">11% </div><div id="a424" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:636.2px;">Cash operating costs </div><div id="a427" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:636.2px;">R per kg </div><div id="a429" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:636.2px;"><div style="display:inline-block;width:24.5px">&#160;</div>689 426<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a432" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:636.2px;"><div style="display:inline-block;width:12.2px">&#160;</div>691 061<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a435" style="position:absolute;font-family:&apos;Arial&apos;;left:700.2px;top:636.2px;">0% </div><div id="a440" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:654.2px;">US$ per oz </div><div id="a442" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:654.2px;"><div style="display:inline-block;width:44.9px">&#160;</div>1 208<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a445" style="position:absolute;font-family:&apos;Arial&apos;;left:585.1px;top:654.2px;"><div style="display:inline-block;width:32.6px">&#160;</div>1 221<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a448" style="position:absolute;font-family:&apos;Arial&apos;;left:690.5px;top:654.2px;">(1%) </div><div id="a451" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:672.2px;">All-in sustaining costs ** </div><div id="a456" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:672.2px;">R per kg </div><div id="a458" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:672.2px;"><div style="display:inline-block;width:24.5px">&#160;</div>790 471<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a461" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:672.2px;"><div style="display:inline-block;width:12.2px">&#160;</div>844 697<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a464" style="position:absolute;font-family:&apos;Arial&apos;;left:690.5px;top:672.2px;">(6%) </div><div id="a469" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:690.2px;">US$ per oz </div><div id="a471" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:690.2px;"><div style="display:inline-block;width:44.9px">&#160;</div>1 385<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a474" style="position:absolute;font-family:&apos;Arial&apos;;left:585.1px;top:690.2px;"><div style="display:inline-block;width:32.6px">&#160;</div>1 492<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a477" style="position:absolute;font-family:&apos;Arial&apos;;left:690.5px;top:690.2px;">(7%) </div><div id="a480" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:708.2px;">All-in costs ** </div><div id="a485" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:708.2px;">R per kg </div><div id="a487" style="position:absolute;font-family:&apos;Arial&apos;;left:476.9px;top:708.2px;"><div style="display:inline-block;width:24.5px">&#160;</div>920 965<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a490" style="position:absolute;font-family:&apos;Arial&apos;;left:589.2px;top:708.2px;"><div style="display:inline-block;width:12.2px">&#160;</div>901 591<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a493" style="position:absolute;font-family:&apos;Arial&apos;;left:700.2px;top:708.2px;">2% </div><div id="a498" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:726.2px;">US$ per oz </div><div id="a500" style="position:absolute;font-family:&apos;Arial&apos;;left:472.9px;top:726.2px;"><div style="display:inline-block;width:44.9px">&#160;</div>1 614<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a503" style="position:absolute;font-family:&apos;Arial&apos;;left:585.1px;top:726.2px;"><div style="display:inline-block;width:32.6px">&#160;</div>1 592<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a506" style="position:absolute;font-family:&apos;Arial&apos;;left:700.2px;top:726.2px;">1% </div><div id="a516" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:95.8px;top:763.4px;">Capital expenditure </div><div id="a524" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:782.6px;">Sustaining </div><div id="a527" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:782.6px;">Rm </div><div id="a529" style="position:absolute;font-family:&apos;Arial&apos;;left:474.9px;top:782.6px;"><div style="display:inline-block;width:40.8px">&#160;</div>115.2<div style="display:inline-block;width:5.2px">&#160;</div></div><div id="a532" style="position:absolute;font-family:&apos;Arial&apos;;left:587.2px;top:782.6px;"><div style="display:inline-block;width:28.6px">&#160;</div>123.0<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a535" style="position:absolute;font-family:&apos;Arial&apos;;left:690.5px;top:782.6px;">(6%) </div><div id="a540" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:800.6px;">US$m </div><div id="a542" style="position:absolute;font-family:&apos;Arial&apos;;left:470.9px;top:800.6px;"><div style="display:inline-block;width:61.2px">&#160;</div>6.5<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a545" style="position:absolute;font-family:&apos;Arial&apos;;left:583.1px;top:800.6px;"><div style="display:inline-block;width:49px">&#160;</div>7.0<div style="display:inline-block;width:4px">&#160;</div></div><div id="a548" style="position:absolute;font-family:&apos;Arial&apos;;left:690.5px;top:800.6px;">(7%) </div><div id="a551" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:818.6px;">Non-sustaining/growth </div><div id="a556" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:818.6px;">Rm </div><div id="a558" style="position:absolute;font-family:&apos;Arial&apos;;left:474.9px;top:818.6px;"><div style="display:inline-block;width:40.8px">&#160;</div>160.2<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a561" style="position:absolute;font-family:&apos;Arial&apos;;left:583.1px;top:818.6px;"><div style="display:inline-block;width:40.8px">&#160;</div>64.9<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a564" style="position:absolute;font-family:&apos;Arial&apos;;left:683.9px;top:818.6px;">147% </div><div id="a569" style="position:absolute;font-family:&apos;Arial&apos;;left:342.8px;top:836.6px;">US$m </div><div id="a571" style="position:absolute;font-family:&apos;Arial&apos;;left:470.9px;top:836.6px;"><div style="display:inline-block;width:61.2px">&#160;</div>9.0<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a574" style="position:absolute;font-family:&apos;Arial&apos;;left:583.1px;top:836.6px;"><div style="display:inline-block;width:49px">&#160;</div>3.7<div style="display:inline-block;width:4px">&#160;</div></div><div id="a577" style="position:absolute;font-family:&apos;Arial&apos;;left:683.9px;top:836.6px;">143% </div><div id="a589" style="position:absolute;font-family:&apos;Arial&apos;;left:95.8px;top:872.6px;">Average R/US$ exchange rate </div><div id="a593" style="position:absolute;font-family:&apos;Arial&apos;;left:474.9px;top:872.6px;"><div style="display:inline-block;width:40.8px">&#160;</div>17.75<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a596" style="position:absolute;font-family:&apos;Arial&apos;;left:587.2px;top:872.6px;"><div style="display:inline-block;width:28.6px">&#160;</div>17.61<div style="display:inline-block;width:4.1px">&#160;</div></div><div id="a599" style="position:absolute;font-family:&apos;Arial&apos;;left:700.2px;top:872.6px;">1% </div><div id="a615" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-style:italic;left:92.1px;top:928.9px;">Rounding of figures may result in computational discrepancies</div><div id="a617" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:92.1px;top:958.1px;">* A</div><div id="a619" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-style:italic;left:109.9px;top:959.3px;">djusted earnings before interest, taxes, depreciation and amortisation ("</div><div id="a620" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-weight:bold;font-style:italic;left:489.3px;top:959.3px;">Adjusted EBITDA</div><div id="a622" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-style:italic;left:588.6px;top:959.3px;">") may not be comparable </div><div id="a624" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-style:italic;left:92.1px;top:975.7px;">to similarly titled<div style="display:inline-block;width:4.8px">&#160;</div>measures of other companies.<div style="display:inline-block;width:5.1px">&#160;</div>Adjusted EBITDA is<div style="display:inline-block;width:4.8px">&#160;</div>not a measure of<div style="display:inline-block;width:5.1px">&#160;</div>performance under International </div><div id="a628" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-style:italic;left:92.1px;top:991.7px;">Financial Reporting<div style="display:inline-block;width:1.8px">&#160;</div>Standards (IFRS)<div style="display:inline-block;width:1.9px">&#160;</div>and should<div style="display:inline-block;width:1.8px">&#160;</div>be considered<div style="display:inline-block;width:1.8px">&#160;</div>in addition<div style="display:inline-block;width:2px">&#160;</div>to, and<div style="display:inline-block;width:1.8px">&#160;</div>not as<div style="display:inline-block;width:1.9px">&#160;</div>a substitute<div style="display:inline-block;width:1.8px">&#160;</div>for, other measures </div><div id="a635" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-style:italic;left:92.1px;top:1007.5px;">of financial performance and liquidity. </div><div id="a639" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;left:92.1px;top:1023.4px;"><div style="display:inline-block;width:360.1px">&#160;</div></div><div id="a648" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;left:92.1px;top:1039.3px;">** </div><div id="a649" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-style:italic;left:107.1px;top:1039.3px;">All-in<div style="display:inline-block;width:5.7px">&#160;</div>cost<div style="display:inline-block;width:5.8px">&#160;</div>definitions<div style="display:inline-block;width:5.7px">&#160;</div>based<div style="display:inline-block;width:5.7px">&#160;</div>on<div style="display:inline-block;width:5.7px">&#160;</div>the<div style="display:inline-block;width:5.8px">&#160;</div>guidance<div style="display:inline-block;width:5.8px">&#160;</div>note<div style="display:inline-block;width:5.7px">&#160;</div>on<div style="display:inline-block;width:5.9px">&#160;</div>non-GAAP<div style="display:inline-block;width:5.7px">&#160;</div>Metrics<div style="display:inline-block;width:5.7px">&#160;</div>issued<div style="display:inline-block;width:5.7px">&#160;</div>by<div style="display:inline-block;width:5.8px">&#160;</div>the<div style="display:inline-block;width:5.7px">&#160;</div>World<div style="display:inline-block;width:5.7px">&#160;</div>Gold<div style="display:inline-block;width:5.7px">&#160;</div>Council<div style="display:inline-block;width:5.7px">&#160;</div>on<div style="display:inline-block;width:3.5px">&#160;</div></div><div id="a655" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;font-style:italic;left:92.1px;top:1055.1px;">27 June 2013</div><div id="a656" style="position:absolute;font-family:&apos;Arial&apos;;font-size:12px;left:164.7px;top:1055.1px;">. </div></div>
</div>
<div style="padding: 7px">
<div id="Page5" style="background-color:RGB(255, 255, 255);position:relative;margin-left:auto;margin-right:auto;overflow:hidden;border-style:solid;border-width:thin;border-color:RGB(198, 198, 198);page-break-after:always;width:794px;height:1123px;">
<div id="a658" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:60.6px;">Gold production increased by<div style="display:inline-block;width:2.2px">&#160;</div>4% from the previous<div style="display:inline-block;width:2.3px">&#160;</div>quarter to 1,329kg primarily<div style="display:inline-block;width:2.2px">&#160;</div>due to yield being<div style="display:inline-block;width:2.3px">&#160;</div>0.03g/t higher </div><div id="a669" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:78.2px;">at 0.255g/t, and despite an 8% decrease in ore treated.<div style="display:inline-block;width:7px">&#160;</div>Gold sold decreased by 31kg to 1,289kg.<div style="display:inline-block;width:3.5px">&#160;</div></div><div id="a692" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:113.5px;">As a result of the increase in<div style="display:inline-block;width:2.2px">&#160;</div>yield, cash operating costs per kilogram<div style="display:inline-block;width:2.1px">&#160;</div>of gold sold decreased marginally from<div style="display:inline-block;width:2.2px">&#160;</div>the </div><div id="a709" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:131.1px;">previous quarter to<div style="display:inline-block;width:2.3px">&#160;</div>R689,426/kg. Cash operating<div style="display:inline-block;width:2.3px">&#160;</div>costs per tonne<div style="display:inline-block;width:2.3px">&#160;</div>of material increased<div style="display:inline-block;width:2.4px">&#160;</div>from the previous<div style="display:inline-block;width:2.3px">&#160;</div>quarter </div><div id="a728" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:148.8px;">to<div style="display:inline-block;width:5.2px">&#160;</div>R170.3/t<div style="display:inline-block;width:5.1px">&#160;</div>due<div style="display:inline-block;width:5.2px">&#160;</div>to<div style="display:inline-block;width:5.2px">&#160;</div>a<div style="display:inline-block;width:5.2px">&#160;</div>decrease in<div style="display:inline-block;width:6.5px">&#160;</div>the<div style="display:inline-block;width:5.1px">&#160;</div>ore<div style="display:inline-block;width:5.2px">&#160;</div>treated,<div style="display:inline-block;width:5.1px">&#160;</div>the<div style="display:inline-block;width:5.1px">&#160;</div>result<div style="display:inline-block;width:5.2px">&#160;</div>of<div style="display:inline-block;width:5.2px">&#160;</div>the<div style="display:inline-block;width:5.1px">&#160;</div>reclamation of<div style="display:inline-block;width:6.5px">&#160;</div>final<div style="display:inline-block;width:5.2px">&#160;</div>remnant<div style="display:inline-block;width:5.1px">&#160;</div>and<div style="display:inline-block;width:5.1px">&#160;</div>clean<div style="display:inline-block;width:5.1px">&#160;</div>up </div><div id="a744" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:166.4px;">material at sites as they near depletion at both operations. </div><div id="a749" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:201.7px;">All-in sustaining costs per kilogram were<div style="display:inline-block;width:5.2px">&#160;</div>R790,471/kg,<div style="display:inline-block;width:3.8px">&#160;</div>decreasing quarter on quarter mainly due<div style="display:inline-block;width:5.1px">&#160;</div>to a decrease </div><div id="a769" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:219.3px;">in sustaining capital expenditure. </div><div id="a773" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:254.6px;">All-in<div style="display:inline-block;width:5.3px">&#160;</div>costs<div style="display:inline-block;width:5.2px">&#160;</div>per<div style="display:inline-block;width:5.3px">&#160;</div>kilogram<div style="display:inline-block;width:5.1px">&#160;</div>were<div style="display:inline-block;width:5.3px">&#160;</div>R920,965/kg,<div style="display:inline-block;width:5.2px">&#160;</div>increasing<div style="display:inline-block;width:5.2px">&#160;</div>quarter<div style="display:inline-block;width:5.1px">&#160;</div>on<div style="display:inline-block;width:5.3px">&#160;</div>quarter<div style="display:inline-block;width:5.3px">&#160;</div>mainly<div style="display:inline-block;width:5.2px">&#160;</div>due<div style="display:inline-block;width:5.2px">&#160;</div>to<div style="display:inline-block;width:5.2px">&#160;</div>an<div style="display:inline-block;width:5.3px">&#160;</div>increase<div style="display:inline-block;width:5.2px">&#160;</div>in<div style="display:inline-block;width:5.3px">&#160;</div>non-</div><div id="a790" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:272.3px;">sustaining capital expenditure, relating primarily to the development of the 20MW solar power plant. </div><div id="a808" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:307.5px;">Adjusted EBITDA increased by<div style="display:inline-block;width:5.1px">&#160;</div>54% from the previous<div style="display:inline-block;width:5.1px">&#160;</div>quarter to R488.5 million primarily<div style="display:inline-block;width:5.4px">&#160;</div>due to an increase<div style="display:inline-block;width:5.1px">&#160;</div>in </div><div id="a833" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:325.2px;">Rand gold price received. </div><div id="a837" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:358.8px;">Cash<div style="display:inline-block;width:9.8px">&#160;</div>and<div style="display:inline-block;width:9.6px">&#160;</div>cash<div style="display:inline-block;width:9.7px">&#160;</div>equivalents<div style="display:inline-block;width:9.6px">&#160;</div>increased<div style="display:inline-block;width:9.6px">&#160;</div>by<div style="display:inline-block;width:9.7px">&#160;</div>R160.2<div style="display:inline-block;width:9.6px">&#160;</div>million<div style="display:inline-block;width:9.7px">&#160;</div>to<div style="display:inline-block;width:9.7px">&#160;</div>R2,552.4<div style="display:inline-block;width:9.6px">&#160;</div>million<div style="display:inline-block;width:9.7px">&#160;</div>as<div style="display:inline-block;width:9.7px">&#160;</div>at<div style="display:inline-block;width:9.7px">&#160;</div>31<div style="display:inline-block;width:9.8px">&#160;</div>March<div style="display:inline-block;width:9.6px">&#160;</div>2023<div style="display:inline-block;width:3.6px">&#160;</div></div><div id="a854" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:376.4px;">(31 December<div style="display:inline-block;width:1.7px">&#160;</div>2022: R2,392.2<div style="display:inline-block;width:1.7px">&#160;</div>million), notwithstanding<div style="display:inline-block;width:1.6px">&#160;</div>the payment<div style="display:inline-block;width:1.7px">&#160;</div>of the<div style="display:inline-block;width:1.8px">&#160;</div>interim cash<div style="display:inline-block;width:1.8px">&#160;</div>dividend of<div style="display:inline-block;width:1.6px">&#160;</div>R172.1 million </div><div id="a869" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:394px;">for<div style="display:inline-block;width:6.2px">&#160;</div>the<div style="display:inline-block;width:6.2px">&#160;</div>six<div style="display:inline-block;width:6.2px">&#160;</div>months<div style="display:inline-block;width:6.1px">&#160;</div>ended<div style="display:inline-block;width:6.1px">&#160;</div>31<div style="display:inline-block;width:6.3px">&#160;</div>December<div style="display:inline-block;width:6.1px">&#160;</div>2022.<div style="display:inline-block;width:6.2px">&#160;</div>External<div style="display:inline-block;width:6.1px">&#160;</div>borrowings<div style="display:inline-block;width:6.1px">&#160;</div>remained<div style="display:inline-block;width:6.1px">&#160;</div>at<div style="display:inline-block;width:6.2px">&#160;</div>Rnil<div style="display:inline-block;width:6.3px">&#160;</div>as<div style="display:inline-block;width:6.1px">&#160;</div>at<div style="display:inline-block;width:6.2px">&#160;</div>31<div style="display:inline-block;width:6.3px">&#160;</div>March<div style="display:inline-block;width:6.2px">&#160;</div>2023<div style="display:inline-block;width:3.6px">&#160;</div></div><div id="a877" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:411.7px;">(31 December 2022: Rnil). </div><div id="a881" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:445.3px;">The cash generated<div style="display:inline-block;width:2px">&#160;</div>during the current<div style="display:inline-block;width:2px">&#160;</div>quarter will, </div><div id="a882" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;font-style:italic;left:366.5px;top:445.3px;">inter alia</div><div id="a883" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:416.5px;top:445.3px;">, be applied<div style="display:inline-block;width:2px">&#160;</div>towards the Company&#8217;s<div style="display:inline-block;width:2.1px">&#160;</div>extended capital </div><div id="a884" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:462.9px;">expenditure programme for<div style="display:inline-block;width:5.7px">&#160;</div>the financial<div style="display:inline-block;width:5.2px">&#160;</div>year ending<div style="display:inline-block;width:5.1px">&#160;</div>30 June<div style="display:inline-block;width:5.3px">&#160;</div>2023. Despite<div style="display:inline-block;width:5.2px">&#160;</div>the remaining<div style="display:inline-block;width:5.2px">&#160;</div>capital expenditure </div><div id="a895" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:480.6px;">planned<div style="display:inline-block;width:5.9px">&#160;</div>for<div style="display:inline-block;width:5.9px">&#160;</div>the<div style="display:inline-block;width:5.9px">&#160;</div>current<div style="display:inline-block;width:5.9px">&#160;</div>financial<div style="display:inline-block;width:5.9px">&#160;</div>year,<div style="display:inline-block;width:6.6px">&#160;</div>the<div style="display:inline-block;width:5.9px">&#160;</div>Company<div style="display:inline-block;width:5.9px">&#160;</div>remains<div style="display:inline-block;width:5.9px">&#160;</div>in<div style="display:inline-block;width:5.8px">&#160;</div>a<div style="display:inline-block;width:6px">&#160;</div>favourable<div style="display:inline-block;width:5.9px">&#160;</div>position<div style="display:inline-block;width:6px">&#160;</div>to,<div style="display:inline-block;width:5.9px">&#160;</div>in<div style="display:inline-block;width:6px">&#160;</div>the<div style="display:inline-block;width:5.9px">&#160;</div>absence<div style="display:inline-block;width:5.9px">&#160;</div>of </div><div id="a920" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:498.2px;">unforeseen events, consider declaring a final cash dividend in or around August 2023. </div><div id="a948" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:533.5px;">The<div style="display:inline-block;width:7.5px">&#160;</div>information<div style="display:inline-block;width:7.4px">&#160;</div>contained<div style="display:inline-block;width:7.3px">&#160;</div>in<div style="display:inline-block;width:7.5px">&#160;</div>this<div style="display:inline-block;width:7.5px">&#160;</div>announcement<div style="display:inline-block;width:7.4px">&#160;</div>does<div style="display:inline-block;width:7.5px">&#160;</div>not<div style="display:inline-block;width:7.4px">&#160;</div>constitute<div style="display:inline-block;width:7.5px">&#160;</div>an<div style="display:inline-block;width:7.5px">&#160;</div>earnings<div style="display:inline-block;width:7.5px">&#160;</div>forecast.<div style="display:inline-block;width:7.3px">&#160;</div>The<div style="display:inline-block;width:7.5px">&#160;</div>financial </div><div id="a952" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:551.1px;">information<div style="display:inline-block;width:5.7px">&#160;</div>provided<div style="display:inline-block;width:5.8px">&#160;</div>is<div style="display:inline-block;width:5.7px">&#160;</div>the<div style="display:inline-block;width:5.7px">&#160;</div>responsibility<div style="display:inline-block;width:5.7px">&#160;</div>of<div style="display:inline-block;width:5.7px">&#160;</div>the<div style="display:inline-block;width:5.7px">&#160;</div>directors<div style="display:inline-block;width:5.8px">&#160;</div>of<div style="display:inline-block;width:5.7px">&#160;</div>DRDGOLD,<div style="display:inline-block;width:5.7px">&#160;</div>and<div style="display:inline-block;width:5.8px">&#160;</div>such<div style="display:inline-block;width:5.8px">&#160;</div>information<div style="display:inline-block;width:5.6px">&#160;</div>has<div style="display:inline-block;width:5.8px">&#160;</div>not<div style="display:inline-block;width:5.7px">&#160;</div>been </div><div id="a956" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:568.9px;">reviewed or reported on by the Company&#8217;s auditors. </div><div id="a959" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:639.1px;">Johannesburg </div><div id="a961" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:654.5px;">8 May 2023 </div><div id="a967" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:722.5px;">Sponsor </div><div id="a969" style="position:absolute;font-family:&apos;Arial&apos;;font-size:13.36px;left:68.1px;top:737.8px;">One Capital </div></div>
</div>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
