Common use of APPENDIX A PERFORMANCE MULTIPLIER Clause in Contracts

APPENDIX A PERFORMANCE MULTIPLIER. The Performance Multiplier will be based on the following metrics and weightings. The number of PUs to vest on the PUs Vesting Date will be determined based on the Performance Multiplier and scorecard, calculated as follows: Metric Weighting Description Threshold Below Threshold Threshold Met Target Target Met Stretch Max (Stretch outcome) Gold Production (oz) over 3 years 50% Gold Production (oz) over 3 years at Blanket 42.5% Aggregate vs. guidance gold production 225 000 (Blanket – 75 000 per year) Below Threshold 0% (no PU’s vest) 50% of PUs vest 240 000 (Blanket – 80 000 per year) 100% of PUs vest 260 000 (Blanket 86 667 per year) 150% of PUs vest if stretch or more is achieved Gold Production (oz) over 3 years at Bilboes 7.5% Aggregate vs. guidance gold production annually Lower End of Annual Bilboes Guidance Below Threshold 0% (no PU’s vest) 50% of PUs vest Mid Point of annual Bilboes Guidance 100% of PUs vest Upper End of Annual Bilboes Guidance 150% of PUs vest if stretch or more is achieved Cost Per Ounce 50% On mine costs at Blanket and Bilboes plus other on mine costs plus head office “G&A” Other costs include: ►procurement margins paid to SA and Dubai ►the profit arising in solar co for electricity sales to Blanket 50% Controllable Cost per ounce of gold produced vs. budgeted number for each Financial Year. Averaged over the 3-year vesting period. 105% of Target Below Threshold 0% (no PU’s vest) 50% of PUs vest x for 2023 (1/3 2023; 1/3 2024; 1/3 2025) 100% of PUs vest 95% of target 150% of PUs vest if stretch or more is achieved

APPENDIX A PERFORMANCE MULTIPLIER. The Performance Multiplier will be based on the following metrics and weightings. The number of PUs to vest on the PUs Vesting Date will be determined based on the Performance Multiplier and scorecard, calculated as follows: Metric Weighting Description Threshold Below Threshold Threshold Met Target Target Met Stretch Max (Stretch outcome) Gold Production (oz) over 3 years 50% Gold Production (oz) over 3 years at Blanket 42.5% Aggregate vs. guidance gold production 225 000 (Blanket – 75 000 per year) Below Threshold 0% (no PU’s vest) 50% of PUs vest 240 000 (Blanket – 80 000 per year) 100% of PUs vest 260 000 (Blanket 86 667 per year) 150% of PUs vest if stretch or more is achieved Gold Production (oz) over 3 years at Bilboes 7.5% Aggregate vs. guidance gold production annually Lower End of Annual Bilboes Guidance Below Threshold 0% (no PU’s vest) 50% of PUs vest Mid Point of annual Bilboes Guidance 100% of PUs vest Upper End of Annual Bilboes Guidance 150% of PUs vest if stretch or more is achieved Cost Per Ounce 50% On mine costs at Blanket and Bilboes plus other on mine costs plus head office “G&A” Other costs include: ►► procurement margins paid to SA and Dubai ►► the profit arising in solar co for electricity sales to Blanket 50% Controllable Cost per ounce of gold produced vs. budgeted number for each Financial Year. Averaged over the 3-year vesting period. 105% of Target Below Threshold 0% (no PU’s vest) 50% of PUs vest x for 2023 (1/3 2023; 1/3 2024; 1/3 2025) 100% of PUs vest 95% of target 150% of PUs vest if stretch or more is achieved

APPENDIX A PERFORMANCE MULTIPLIER. The Performance Multiplier will be based on the following metrics and weightings. The number of PUs to vest on the PUs Vesting Date will be determined based on the Performance Multiplier and scorecard, calculated as follows: Metric Weighting Description Threshold Below Threshold Threshold Met Target Target Met Stretch Max (Stretch outcome) Gold Production (oz) over 3 years 50% Gold Production production (oz) over 3 years at Blanket 42.540% Aggregate vs. guidance gold production 225 000 (Blanket – 75 000 per year) Lower end of 3yr production guidance Below Threshold threshold 0% (no PU’s vest) 50% of PUs vest 240 000 (Blanket – 80 000 per year) 3yr production at target guidance 100% of PUs vest 260 000 (Blanket 86 667 per year) Upper end of 3yr production guidance 150% of PUs vest if stretch or more is achieved Gold Production Blanket resource development 20% Resource addition at Blanket within current infrastructure Maintain resource endowment (ozmeasured and indicated) over 3 years at Bilboes 7.5% Aggregate vs. guidance gold production annually Lower End of Annual Bilboes Guidance after depletions Below Threshold threshold 0% (no PU’s vest) 50% of PUs vest Mid Point of annual Bilboes Guidance 5% per annum increase in M&I after depletions 100% of PUs vest Upper End of Annual Bilboes Guidance 10% per annum increase in M&I after depletions 150% of PUs vest if stretch or more is achieved Cost Per Ounce 50Bilboes 20% On mine costs at Blanket Financing and construction of Bilboes plus other on mine costs plus head office “G&A” Other costs include: ►procurement margins paid to SA sulphide project Financed and Dubai ►the profit arising in solar co for electricity sales to Blanket 50% Controllable Cost per ounce operational by end of gold produced vs. budgeted number for each Financial Year. Averaged over the 3-year vesting period. 105% of Target Q1 2028 Below Threshold threshold 0% (no PU’s vest) 50% of PUs vest x for 2023 Financed and operational by end 2027 100% of PUs vest Financed and operational by mid 2027 150% of PUs vest if stretch or more is achieved Blue sky exploration 20% E.g. exploration below 1,200m; Blanket BIF, Motapa and elsewhere. All subject to funds being made available Zero Below threshold 0% (1/3 2023; 1/3 2024; 1/3 2025no PU’s vest) 50% of PUs vest 0.5m ounces (MI and I) 100% of PUs vest 95% of target 1m ounces (MI and I) 150% of PUs vest if stretch or more is achieved