<SEC-DOCUMENT>0001023512-25-000022.txt : 20250814
<SEC-HEADER>0001023512-25-000022.hdr.sgml : 20250814
<ACCEPTANCE-DATETIME>20250814100441
ACCESSION NUMBER:		0001023512-25-000022
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250814
FILED AS OF DATE:		20250814
DATE AS OF CHANGE:		20250814

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DRDGOLD LTD
		CENTRAL INDEX KEY:			0001023512
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35387
		FILM NUMBER:		251215145

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		CNR 14TH AVENUE AND HENDRIK POTGIETER RD
		STREET 2:		CYCAD HOUSE, BUILDING 17, GROUND FLOOR
		CITY:			WELTEVREDEN PARK
		NON US STATE TERRITORY:  	JOHANNESBURG
		PROVINCE COUNTRY:   	T3
		ZIP:			1709
		BUSINESS PHONE:		27113817800

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		CNR 14TH AVENUE AND HENDRIK POTGIETER RD
		STREET 2:		CYCAD HOUSE, BUILDING 17, GROUND FLOOR
		CITY:			WELTEVREDEN PARK
		NON US STATE TERRITORY:  	JOHANNESBURG
		PROVINCE COUNTRY:   	T3
		ZIP:			1709

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DURBAN ROODEPOORT DEEP LTD
		DATE OF NAME CHANGE:	19960924
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tradingstatement_2025q4.htm
<DESCRIPTION>6-K
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="i38345ee78c1e4fccb9f1e9774e6c08d8_1"></div><div style="min-height:48.96pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:10pt"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">Washington, D.C. 20549</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%"><br>______________________</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">FORM 6-K</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">REPORT OF A FOREIGN PRIVATE ISSUER</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">PURSUANT TO RULE 13a-16 OR 15d-16</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">UNDER THE SECURITIES EXCHANGE ACT OF 1934</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">August 14, 2025</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">Commission File Number 0-28800</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">______________________</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">DRDGOLD Limited</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">Constantia Office Park</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">Cnr 14th Avenue and Hendrik Potgieter Road</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">Cycad House, Building 17, Ground Floor</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">Weltevreden Park 1709</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">(</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-style:italic;font-weight:400;line-height:100%">Address of principal executive offices</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">______________________</font></div><div style="text-align:center"><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">Form 20-F </font><font style="font-family:'Wingdings',sans-serif;font-size:12pt;font-weight:400;line-height:100%"></font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">           Form 40-F </font><font style="font-family:'Wingdings',sans-serif;font-size:12pt;font-weight:400;line-height:100%"></font></div><div><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:10pt;text-align:center"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:133%">&#160;&#160;&#160;&#160; </font></div><div style="height:48.96pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:48.96pt;width:100%"><div><font><br></font></div></div><div style="padding-left:36pt;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:133%;text-decoration:underline">Exhibit</font></div><div><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:151%"> </font></div><div style="margin-bottom:10pt;padding-left:36pt;text-align:justify;text-indent:-36pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:133%">99.1&#160;&#160;&#160;&#160;Release dated August 14, 2025 &#8220;TRADING STATEMENT AND TRADING UPDATE FOR THE YEAR ENDED 30 JUNE 2025&#8221; </font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="height:48.96pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:48.96pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:10pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">SIGNATURES</font></div><div style="margin-bottom:10pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></div><div style="margin-bottom:10pt;padding-left:234pt"><font><br></font></div><div style="margin-bottom:10pt;padding-left:234pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">DRDGOLD LIMITED</font></div><div><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">Date&#58; August 14, 2025&#160;&#160;&#160;&#160;By&#58; </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:underline">&#47;s&#47; Adriaan Davel</font></div><div><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Name&#58; Adriaan Davel</font></div><div><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Title&#58; Chief Financial Officer</font></div><div style="margin-bottom:10pt;padding-left:432pt;text-indent:-56.35pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt"><font><br></font></div><div style="margin-bottom:10pt;padding-left:432pt;text-indent:-56.35pt"><font><br></font></div><div style="margin-bottom:10pt;padding-left:432pt;text-indent:-56.35pt"><font><br></font></div><div style="padding-left:432pt;text-indent:-56.35pt"><font><br></font></div><div style="height:48.96pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:48.96pt;width:100%"><div><font><br></font></div></div><div style="padding-left:432pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">Exhibit 99.1</font></div><div id="i38345ee78c1e4fccb9f1e9774e6c08d8_59"></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">DRDGOLD LIMITED</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">(Incorporated in the Republic of South Africa)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">(Registration number&#58; 1895&#47;000926&#47;06)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">ISIN&#58; ZAE000058723</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">JSE &#38; A2X share code&#58; DRD</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">NYSE trading symbol&#58; DRD</font></div><div style="margin-bottom:10pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">(&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">DRDGOLD</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221; or the &#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">Company</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221; or the &#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">Group</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221;)</font></div><div style="margin-bottom:0.1pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:0.02pt;padding-right:0.02pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">TRADING STATEMENT AND TRADING UPDATE FOR THE YEAR ENDED 30 JUNE 2025</font></div></td></tr></table></div><div style="margin-top:12pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied, with a reasonable degree of certainty, that the financial results for the current reporting period will differ by at least 20% from the financial results of the previous corresponding period.</font></div><div style="margin-top:12pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">DRDGOLD is in the process of finalising its financial results for the year ended 30 June 2025 (&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">Current Reporting Period</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221;) and shareholders are accordingly advised that the Company has reasonable certainty that it will report earnings per share (&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">EPS</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221;) and headline earnings per share (&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">HEPS</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221;) for the Current Reporting Period of between 252.4 cents and 267.8 cents compared to EPS and HEPS of 154.3 cents and 154.1 cents, respectively, for the year ended 30 June 2024 (&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">Previous Corresponding Period</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221;), being an increase of between 64% and 74%.</font></div><div style="margin-top:12pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">The expected increase in EPS and HEPS, respectively, for the Current Reporting Period compared to the Previous Corresponding Period, is primarily due to movements in, </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:154%">inter alia</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">, the following items&#58;</font></div><div style="margin-top:12pt;padding-left:13.65pt;text-align:justify;text-indent:-14.2pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">1.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%;padding-left:5.87pt">Revenue</font></div><div style="padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">Group revenue increased by R1,638.5 million, or 26%, to R7,878.2 million (2024&#58; R6,239.7 million), as a result of a 31% increase in the Rand gold price received, notwithstanding a marginal 3% decrease in gold sold from 4,990kg to 4,818kg.</font></div><div style="margin-top:12pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">Far West Gold Recoveries Proprietary Limited&#8217;s (&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">FWGR</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221;) revenue increased by R491.9 million to   R2,206.7 million (2024&#58; R1,714.8&#160;million), mainly due to a 31% increase in the Rand gold price received and in spite of a marginal 1% decrease in gold sold to 1,352kg (2024&#58; 1,364kg). Gold yield increased by 0.5% from 0.221g&#47;t in the Previous Corresponding Period to 0.222g&#47;t.  Throughput tonnages remained consistent at 6.1Mt.</font></div><div style="margin-top:12pt;padding-left:13.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">Ergo Mining Proprietary Limited&#8217;s (&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">Ergo</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221;) revenue increased by R1,146.6 million to R5,671.5 million    (2024&#58; R4,524.9 million), mainly due to the 31% increase in the Rand gold price received. Throughput tonnages increased by 21% from 16.1Mt in the Previous Corresponding Period to 19.5Mt. Gold yield decreased from 0.226g&#47;t to 0.178g&#47;t due to lower average grades which are a feature of the newly commissioned sites that are being reclaimed by Ergo. Gold sold was 4% lower at 3,466kg, compared to 3,625kg in the Previous Corresponding Period. </font></div><div style="margin-top:12pt;padding-left:14.2pt;text-align:justify;text-indent:-14.2pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">2.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%;padding-left:5.87pt">Cash operating costs</font></div><div style="margin-bottom:0.1pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">Group cash operating costs increased by 4% to R4,372.7 million (2024&#58;&#160;R4,193.3&#160;million). </font></div><div style="height:48.96pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:48.96pt;width:100%"><div><font><br></font></div></div><div style="margin-top:12pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">At Ergo, cash operating costs increased by R128.2 million, or 4%, to R3,699.2 million (2024&#58;&#160;R3,571.0&#160;million). This increase was driven by inflationary increases and higher reagent and consumable stores consumption due to the 21% increase in tonnage throughput. While unit cash operating costs in R&#47;kg of gold produced were 9% higher at R1,064,447&#47;kg (FY2024&#58; R974,764&#47;kg) due to decreased gold production, they were 14% lower on a R&#47;t of material processed basis at R190&#47;t (FY2024&#58; R222&#47;t) as Ergo transitions to a reclamation profile involving fewer sites which are mostly hydraulically mined. </font></div><div style="margin-top:12pt;padding-left:13.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">With the solar plant and battery energy storage system (&#8220;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">BESS</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">&#8221;) reaching practical commissioning in November 2024 and now fully integrated into the national grid, a key focus going forward is the optimisation of its contribution to the Group&#8217;s cost base through direct consumption, off-setting, and wheeling.</font></div><div style="margin-top:12pt;padding-left:13.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">At FWGR, cash operating costs increased by R51.2 million, or 8%, to R673.5 million (2024&#58; R622.3 million) due to expansion-related staffing increases, inflationary increases in labour costs, higher maintenance requirements for ageing plant equipment and reagent and consumable cost increases.</font></div><div style="margin-top:12pt;padding-left:14.2pt;text-align:justify;text-indent:-14.2pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">3.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%;padding-left:5.87pt">Operational performance outlook</font></div><div style="margin-bottom:0.1pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">On 21 August 2024, in its annual results for the year ended 30 June 2024, the Company issued production guidance for the year ended 30 June 2025 of between 155,000 ounces and 165,000 ounces of gold and cash operating costs at approximately R870,000&#47;kg. The Company has achieved 155,288 ounces of gold produced and cash operating costs of R 903,824&#47;kg in the Current Reporting Period for the reasons set out above. </font></div><div style="margin-top:12pt;padding-left:14.2pt;text-indent:-14.2pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">4.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%;padding-left:5.87pt">Capital expenditure</font></div><div style="margin-bottom:0.1pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">Cash expenditure on capital projects decreased by R730.8 million, or 24%, to R2,254.9 million (2024&#58; R2,985.7 million). The decrease was mainly due to the practical completion of key projects, such as the commissioning of reclamation sites and the solar plant and BESS at Ergo, for which significant capital expenditure was incurred in the Previous Corresponding Period. The Current Reporting Period&#8217;s spend was mainly driven by ongoing key projects at FWGR such as the Regional Tailings Storage Facility construction, the Driefontein 2 Plant expansion, related pipeline infrastructure and the completion costs of the solar power plant and BESS at Ergo. </font></div><div style="margin-top:12pt;padding-left:14.2pt;text-align:justify;text-indent:-14.2pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%">5.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:154%;padding-left:5.87pt">Liquidity</font></div><div style="margin-bottom:0.1pt;padding-left:13.6pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">As at 30 June 2025, DRDGOLD held R1,306.2 million in cash and cash equivalents compared to R521.5 million as at 30 June 2024. During the Current Reporting Period, DRDGOLD had a free cash inflow (cash inflow from operating activities less cash outflow from investing activities) of R1,227.6 million (2024&#58; free cash outflow of R1,197.6 million) after a R759.3 million decrease in cash outflow from investing activities to R2,283.3&#160;million (2024&#58; R3,042.6 million) and paying cash dividends of R431.0 million (2024&#58; R731.7&#160;million). The Group remains free of any bank debt as at 30 June 2025, (30 June 2024&#58; Rnil). To support liquidity in funding the significant capital expansion programme, the Group has a R1 billion revolving credit facility with a R500 million accordion option and a R500 million general bank facility with Nedbank Limited (acting through its Corporate and Investment Banking division), available if needed. The facilities remained undrawn at 30 June 2025. </font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:10pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">The financial information contained in this announcement is the responsibility of the directors of DRDGOLD, and such information has not been reviewed or reported on by the Company&#8217;s auditors.</font></div><div style="margin-bottom:0.1pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">The reviewed condensed consolidated financial statements for the year ended 30 June 2025 are expected to be published on SENS on Wednesday, 20 August 2025.</font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="margin-bottom:0.1pt"><font><br></font></div><div style="height:48.96pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:48.96pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:0.1pt"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">Johannesburg</font></div><div style="margin-bottom:10pt;text-align:justify"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">14 August 2025</font></div><div style="margin-bottom:0.1pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:154%">Sponsor<br>One Capital</font></div><div style="height:48.96pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
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