ANNEXURE: ACRONYMS

Anglo Anglo South Africa Capital Proprietary Limited  
Anglo Coal Anglo Coal (Grosvenor) Proprietary Limited  
API4 All publications index 4 (FOB Richards Bay 6000/kcal/kg)  
B-BBEE Broad-based black economic empowerment  
BEE Black economic empowerment  
BEE Parties External shareholders of Eyesizwe  
Black Mountain Black Mountain Proprietary Limited  
Cennergi Cennergi Proprietary Limited  
CFR Cost and freight  
Chifeng Chifeng Kumba Hongye Corporation Limited  
Companies Act Companies Act No 71 of 2008, as amended  
CPI Consumer price index  
cps Cents per share  
Curapipe Curapipe Systems Limited  
DCME Dorstfontein East  
DMR Department of Mineral Resources  
DMTN Domestic Medium-Term Note  
EBITDA Net operating profit before interest, tax, depreciation, amortisation, impairment charges and net loss or gain on disposal of assets and investments (including translation differences recycled to profit or loss)  
ECC Exxaro Coal Central Proprietary Limited  
ECL(s) Expected credit loss(es)  
EMJV Ermelo joint venture  
ESD Enterprise and supplier development  
Exxaro Exxaro Resources Limited  
Eyesizwe Eyesizwe (RF) Proprietary Limited, a special purpose private company which has a 30% shareholding in Exxaro  
Ferroland Ferroland Grondtrust Proprietary Limited  
FOB Free on board  
FSB Financial Stability Board  
FVOCI Fair value through other comprehensive income  
FZON Forzando North  
GAM Global Asset Management Limited  
HDSA The meaning given to it, or any equivalent or replacement term, in the broad-based socio-economic empowerment charter for the South African Mining Industry, developed under section 100 of the MPRDA, as amended or replaced from time to time  
HEPS Headline earnings per share  
HPIs High Potential Incidents  
IAS International Accounting Standard  
IASB International Accounting Standards Board  
IFRIC IFRS Interpretations Committee  
IFRS International Financial Reporting Standard(s)  
IFRS 9 IFRS 9 Financial Instruments  
IFRS 15 IFRS 15 Revenue from Contracts with Customers  
IFRS 16 IFRS 16 Leases  
Insect Technology Insect Technology Group Holdings UK Limited (previously named AgriProtein Holdings UK Limited)  
IPP Independent Power Producer  
JIBAR Johannesburg Interbank Agreed Rate  
JSE JSE Limited  
KIO Kumba Iron Ore Limited  
kt Kilo tonnes  
Lebonix Lebonix Proprietary Limited  
LightApp LightApp Technologies Limited  
Listings Requirements JSE Listings Requirements  
LOM Life of mine  
LTIFR Lost-time injury frequency rate  
Mafube Mafube Coal Proprietary Limited  
Manyeka Manyeka Coal Mines Proprietary Limited  
MPRDA Mineral and Petroleum Resources Development Act 28 of 2002  
Mt Million tonnes  
NBC North Block Complex  
NCI Non-controlling interests  
PRC People‚Äôs Republic of China  
Prime Rate South African prime bank rate  
PwC PricewaterhouseCoopers Incorporated  
RB1 Richards Bay export product 1  
RBCT Richards Bay Coal Terminal Proprietary Limited  
Rbn Rand billion  
Replacement BEE Transaction BEE transaction implemented in 2017 which resulted in Exxaro being held 30% by HDSAs  
Rm Rand million  
SAICA South African Institute of Chartered Accountants  
SARS South African Revenue Service  
SIC Standard Interpretations Committee  
SIOC Sishen Iron Ore Company Proprietary Limited  
SSCC Semi-soft coking coal  
Tata Power Tata Power Company Limited  
TiO2 Titanium dioxide  
Tronox Exxaro's investment in Tronox entities  
Tronox SA Tronox KZN Sands Proprietary Limited and Tronox Mineral Sands Proprietary Limited  
Tronox UK Tronox Sands Limited Liability Partnership in the United Kingdom  
Tumelo Tumelo Coal Mines Proprietary Limited  
UK United Kingdom  
US$ United States dollar  
VAT Value Added Tax  
WANOS Weighted average number of shares