Results of the Sibanye-Stillwater Annual General Meeting

(firmenpresse) -
Johannesburg, 25 May 2021. Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW - (https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/) advises shareholders that all resolutions were passed by the requisite majority at the Group''s Annual General Meeting (the AGM) held by way of utilising electronic communication and electronic platforms at 09:00 (CAT) this morning. In accordance with recommended practice, a poll was conducted on each resolution during the meeting.

The number of shares voted in person or by proxy was 2,422,465,281 representing 82.05% of Sibanye-Stillwaters 2,952,585,221 total ordinary shares in issue. The resolutions proposed at the AGM and the percentage of shares voted for and against each resolution, as well as those which abstained, are set out below:

Resolution % of % of Number of % of % of
votes votes shares Shares Shares
for against voted voted abstain
the the ed
resolut resolut (2)
ion ion (2)

(1) (1)
Ordinary Resolution 99.97 0.03 2,420,499,381.98 0.07
1 - 51
-

Re-appointment of
auditors and
Designated
Individual
Partner

Ordinary Resolution 98.43 1.57 2,419,971,981.96 0.08
2 - 77
-
-
Election of a
director: SV
Zilwa

Ordinary Resolution 98.86 1.14 2,420,104,681.97 0.08
3 - 02
-
-

Re-election of a
director: RP
Menell

Ordinary Resolution 91.30 8.70 2,420,089,181.97 0.08
4 - 94
-
-
Re-election of a
director: KA
Rayner

Ordinary Resolution 99.69 0.31 2,419,870,981.96 0.09
5 - 78
-
-
Re-election of a
director: JS
Vilakazi

Ordinary Resolution 98.90 1.10 2,419,930,981.96 0.09
6 - 62
-
-
Election of a member
and Chair of the
Audit Committee: KA
Rayner




Ordinary Resolution 97.90 2.10 2,419,937,481.96 0.09
7 - 34
-
-
Election of a member
of the Audit
Committee: TJ
Cumming

Ordinary Resolution 99.67 0.33 2,418,882,781.92 0.12
8 - 66
-

Election of a member
of the Audit
Committee: SN
Danson

Ordinary Resolution 96.97 3.03 2,419,523,681.95- 0.10
9 - 42
-

Election of a member
of the Audit
Committee: RP
Menell

Ordinary Resolution 99.68 0.32 2,419,619,581.95 0.10
10 - 86
-

Election of a member
of the Audit
Committee: NG
Nika

Ordinary Resolution 97.13 2.87 2,419,890,181.96-- 0.09
11 - 34
-

Election of a member
of the Audit
Committee: SC van
der
Merwe

Ordinary Resolution 98.75 1.25 2,419,675,481.95 0.09
12 - 18


Re-election of a
member of the Audit
Committee: SV
Zilwa

Ordinary Resolution 87.15 12.85 2,418,972,581.93- 0.12
13 - 59
-

Approval for the
issue of

authorised but
unissued ordinary
shares

Ordinary Resolution 87.71 12.29 2,419,971,181.96 0.08
14 - 88
-
-
Issuing equity
securities for
cash

Ordinary Resolution 88.64 11.36 2,402,775,481.38- 0.67
15 - 34
-

Non-binding advisory
vote on
Remuneration
Policy

Ordinary Resolution 79.80 20.20 2,415,868,581.82 0.22
16 - 56
-

Non-binding advisory
vote on
Remuneration
Implementation
Report

Special Resolution 1 93.34 6.66 2,418,715,281.92- 0.13
- 72
-

Approval for the
remuneration of
non-executive
directors

Special Resolution 2 96.15 3.85 2,410,516,081.64- 0.40
- 38
-

Approval for fees
for Investment
Committee
members

Special Resolution 3 95.64 4.36 2,410,334,181.63 0.41
- 64
-

Approval for a per
diem allowance


Special Resolution 4 97.36 2.64 2,418,135,481.90- 0.15
- 72
-

Approval for the
Company to grant
financial
assistance in terms
of sections 44 and
45 of the
Act


Special Resolution 5 81.94 18.06 2,420,038,581.96- 0.08
- 49
-

Approval for the
acquisition of the
Companys own
shares

Notes:
(1) The shares voted disclosed as a percentage in relation to the
total number of shares voted at the
meeting.

(2) The shares voted or abstained disclosed as a percentage in
relation to the total issued share
capital.


Investor relations contact:

Email: ir(at)sibanyestillwater.com
James Wellsted
Head of Investor Relations
Tel: +27 (0) 83 453 4014
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
Website: www.sibanyestillwater.com

In Europe:
Swiss Resource Capital AG
Jochen Staiger
info(at)resource-capital.ch
www.resource-capital.ch

Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN - ZAE000259701
Issuer code: SSW
(Sibanye-Stillwater,the Company and/or the Group)

Registered Address:
Constantia Office Park
Bridgeview House Building 11 Ground Floor
Cnr 14th Avenue & Hendrik Potgieter Road
Weltevreden Park 1709

Postal Address:
Private Bag X5 Westonaria 1780

Tel +27 11 278 9600
Fax +27 11 278 9863

Website: www.sibanyestillwater.com

FORWARD LOOKING STATEMENTS
The information in this announcement may contain forward-looking statements within the meaning of the safe harbour provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements, including, among others, those relating to Sibanye Stillwater Limiteds (Sibanye-Stillwater or the Group) financial positions, business strategies, plans and objectives of management for future operations, are necessarily estimates reflecting the best judgment of the senior management and directors of Sibanye-Stillwater and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. As a consequence, these forward-looking statements should be considered in light of various important factors, including those set forth in this announcement.

All statements other than statements of historical facts included in this announcement may be forward-looking statements. Forward-looking statements also often use words such as will, forecast, potential, estimate, expect, plan, anticipate and words of similar meaning. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and should be considered in light of various important factors, including those set forth in this disclaimer. Readers are cautioned not to place undue reliance on such statements.

The important factors that could cause Sibanye-Stillwaters actual results, performance or achievements to differ materially from estimates or projections contained in the forward-looking statements include, without limitation, Sibanye-Stillwaters future financial position, plans, strategies, objectives, capital expenditures, projected costs and anticipated cost savings, financing plans, debt position and ability to reduce debt leverage; economic, business, political and social conditions in South Africa, Zimbabwe, the United States and elsewhere; plans and objectives of management for future operations; Sibanye-Stillwaters ability to obtain the benefits of any streaming arrangements or pipeline financing; the ability of Sibanye-Stillwater to comply with loan and other covenants and restrictions and difficulties in obtaining additional financing or refinancing; Sibanye-Stillwaters ability to service its bond instruments; changes in assumptions underlying Sibanye-Stillwaters estimation of its current mineral reserves; any failure of a tailings storage facility; the ability to achieve anticipated efficiencies and other cost savings in connection with, and the ability to successfully integrate, past, ongoing and future acquisitions, as well as at existing operations; the ability of Sibanye-Stillwater to complete any ongoing or future acquisitions; the success of Sibanye-Stillwaters business strategy and exploration and development activities; the ability of Sibanye-Stillwater to comply with requirements that it operate in ways that provide progressive benefits to affected communities; changes in the market price of gold and PGMs; the occurrence of hazards associated with underground and surface mining; any further downgrade of South Africas credit rating; a challenge regarding the title to any of Sibanye-Stillwaters properties by claimants to land under restitution and other legislation; Sibanye-Stillwaters ability to implement its strategy and any changes thereto; the occurrence of labour disruptions and industrial actions; the availability, terms and deployment of capital or credit; changes in the imposition of regulatory costs and relevant government regulations, particularly environmental, tax, health and safety regulations and new legislation affecting water, mining, mineral rights and business ownership, including any interpretation thereof which may be subject to dispute; the outcome and consequence of any potential or pending litigation or regulatory proceedings or environmental, health or safety issues; the concentration of all final refining activity and a large portion of Sibanye-Stillwaters PGM sales from mine production in the United States with one entity; the identification of a material weakness in disclosure and internal controls over financial reporting; the effect of US tax reform legislation on Sibanye-Stillwater and its subsidiaries; the effect of South African Exchange Control Regulations on Sibanye-Stillwaters financial flexibility; operating in new geographies and regulatory environments where Sibanye-Stillwater has no previous experience; power disruptions, constraints and cost increases; supply chain shortages and increases in the price of production inputs; the regional concentration of Sibanye-Stillwaters operations; fluctuations in exchange rates, currency devaluations, inflation and other macro-economic monetary policies; the occurrence of temporary stoppages of mines for safety incidents and unplanned maintenance; Sibanye-Stillwaters ability to hire and retain senior management or sufficient technically skilled employees, as well as its ability to achieve sufficient representation of historically disadvantaged South Africans in its management positions; failure of Sibanye-Stillwaters information technology and communications systems; the adequacy of Sibanye-Stillwaters insurance coverage; social unrest, sickness or natural or man-made disaster at informal settlements in the vicinity of some of Sibanye-Stillwaters South African-based operations; and the impact of HIV, tuberculosis and the spread of other contagious diseases, such as the coronavirus disease (COVID-19). Further details of potential risks and uncertainties affecting Sibanye-Stillwater are described in Sibanye-Stillwaters filings with the Johannesburg Stock Exchange and the United States Securities and Exchange Commission, including the Integrated Annual Report 2020 and the Annual Report on Form 20-F for the fiscal year ended 31 December 2020.

These forward-looking statements speak only as of the date of the content. Sibanye-Stillwater expressly disclaims any obligation or undertaking to update or revise any forward-looking statement (except to the extent legally required). These forward-looking statements have not been reviewed or reported on by the Groups external auditors.

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Datum: 25.05.2021 - 11:12 Uhr
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