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Condensed consolidated unaudited interim results for the six months ended 31 December 2021 and dividend declaration

16 February 2022

Condensed consolidated unaudited interim results for the six months ended 31 December 2021 and dividend declaration

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
NYSE trading symbol: DRD
(“DRDGOLD” or the “Group” or the “Company”)

CONDENSED CONSOLIDATED UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2021 AND CASH DIVIDEND DECLARATION

INTRODUCTION

The contents of this short form announcement are the responsibility of the board of directors of DRDGOLD (“Board”).

Shareholders are advised that this short form announcement represents a summary of the information contained in
the full announcement and does not contain full or complete details.

Any investment decisions by investors and/or shareholders should therefore be based on consideration of the full
announcement, accessible via the JSE Limited (“JSE”) link at
https://senspdf.jse.co.za/documents/2022/JSE/ISSE/DRD/Interim_22.pdf and also available for viewing on the
Group’s website at https://www.drdgold.com/downloads/send/106-2021-interim/251-results-31-december-2021.

A copy of the full announcement is available for inspection, at DRDGOLD’s registered office and at the offices of its
sponsor at no charge during normal business hours on Mondays to Fridays from today,
16 February 2022, until Wednesday, 23 February 2022.

KEY FINANCIAL RESULTS SUMMARY
                                                  Six months ended          Six months ended            % decrease
                                                  31 December 2021          31 December 2020
Revenue – R million                                        2,498.5                   2,977.4                16%
Operating profit – R million                                 832.0                   1,441.8                42%
Earnings per share – South African (“SA”)                     58.0                     111.0                48%
cents per share (“cps”)
Headline earnings per share – cps                             58.0                     111.0                48%
Interim dividend – cps                                          20                        40                50%

DIVIDEND

The Board has declared an interim cash dividend of 20 SA cps for the six months ended 31 December 2021 as
follows:

•     the dividend has been declared out of income reserves;
•     the local Dividend Withholding Tax rate is 20% (twenty per cent);
•     the gross local dividend amount is 20 SA cents per ordinary share for shareholders exempt from Dividend
      Withholding Tax;
•     the net local dividend amount is 16 SA cents per ordinary share for shareholders liable to pay Dividend
      Withholding Tax;
•     DRDGOLD currently has 864,588,711 ordinary shares in issue (which includes 6,612,266 treasury shares); and
•     DRDGOLD’s income tax reference number is 9160/013/60/4.

In compliance with the requirements of Strate Proprietary Limited (“Strate”) and the JSE Limited Listings
Requirements, given the Company’s primary listing on the exchange operated by the JSE, the salient dates for
payment of the dividend are as follows:

•     last date to trade ordinary shares cum-dividend: Tuesday, 8 March 2022;
•     ordinary shares trade ex-dividend: Wednesday, 9 March 2022;
•     record date: Friday, 11 March 2022; and
•     payment date: Monday, 14 March 2022.

On payment date, dividends due to holders of certificated securities on the SA share register will either be
electronically transferred to such shareholders’ bank accounts or, in the absence of suitable mandates, dividends will
be held in escrow by the Company until suitable mandates are received to electronically transfer dividends to such
shareholders.

Dividends in respect of dematerialised shareholdings will be credited to such shareholders’ accounts with the relevant
Central Securities Depository Participant (CSDP) or broker.

To comply with the further requirements of Strate, between Wednesday, 9 March 2022 and Friday,
11 March 2022, both days inclusive, no transfers between the SA share register and any other share register will be
permitted and no ordinary shares pertaining to the SA share register may be dematerialised or rematerialised.

The currency conversion date for the Australian and United Kingdom share registers will be Monday, 14 March 2022.

The holders of American Depositary Receipts (“ADRs”) should confirm dividend details with the depository bank.
Assuming an exchange rate of R15.00/$1, the dividend payable on an ADR is equivalent to 11 United States cents
for ADR holders liable to pay dividend withholding tax. However, the actual rate of payment will depend on the
exchange rate on the date for currency conversion.

On behalf of the Board

TJ Cumming                                                                         DJ Pretorius
Non-Executive Chairman                                                             Chief Executive Officer

Johannesburg
16 February 2022

DIRECTORS - (#Independent) (^Lead Independent)

Executives:
DJ (Niël) Pretorius (Chief Executive Officer)
AJ (Riaan) Davel (Chief Financial Officer)

Non-Executives:
TJ Cumming (Non-Executive Chairman); EA Jeneker^; JA Holtzhausen#, TVBN Mnyango#, JJ Nel#,
KP Lebina#, CD Flemming#

Company Secretary:
E Beukes

Investor Relations:
For further information, contact Niël Pretorius at:
Tel: (+27) (0)11 470 2600, Fax: (+27) (0)86 524 3061,
Website: http://www.drdgold.com

Registered Office:
Constantia Office Park
Cnr 14th Avenue and Hendrik Potgieter Road
Cycad House, Building 17, Ground Floor
Weltevreden Park, 1709
South Africa

Sponsor:
One Capital
17 Fricker Road, Illovo, 2196

Date: 16-02-2022 08:00:00
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