Sibanye Stillwater Investor Presentation — March 2022

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H2 & year ended 31 December 2021 results

and Group strategic update

3 March 2022Results

3 March 20222Theinformation inthisannouncement may contain forward -looking statements within themeaning ofthe“safe harbour” provisions oftheUnited States Private Securities Litigation

Reform Act of1995 .These forward -looking statements, including, among others, those relating toSibanye Stillwater Limited’s (“Sibanye -Stillwater” orthe“Group”) financial

positions, business strategies, plans and objectives ofmanagement forfuture operations, arenecessarily estimates reflecting thebest judgment ofthesenior management and

directors ofSibanye -Stillwater .

Allstatements other than statements ofhistorical facts included inthisannouncement may beforward -looking statements .Forward -looking statements also often usewords such

as“will”, “forecast”, “potential”, “estimate”, “expect” and words ofsimilar meaning .Bytheir nature, forward -looking statements involve riskand uncertainty because they relate to

future events and circumstances and should beconsidered inlight ofvarious important factors, including those setforth inthisdisclaimer .Readers arecautioned nottoplace

undue reliance onsuch statements .

Theimportant factors that could cause Sibanye -Stillwater’s actual results, performance orachievements todiffer materially from those intheforward -looking statements include,

among others, ourfuture business prospects ;financial positions ;debt position and ourability toreduce debt leverage ;business, political and social conditions intheUnited States,

South Africa, Zimbabwe and elsewhere ;plans and objectives ofmanagement forfuture operations ;ourability toobtain thebenefits ofany streaming arrangements orpipeline