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Condensed consolidated reviewed provisional results for the year ended 30 June 2022 and cash dividend declaration

24 August 2022

Condensed consolidated reviewed provisional results for the year ended 30 June 2022 and cash 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 “Company”)

CONDENSED CONSOLIDATED REVIEWED PROVISIONAL RESULTS FOR THE YEAR ENDED 30 JUNE 2022
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/AFS_FY2022.pdf and also available for viewing on the
Companies’ website at https://www.drdgold.com/downloads/send/116-results-for-the-year-ended-30-june-2022/263-
results-booklet-for-the-year-ended-30-june-2022.

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,
24 August 2022.

KEY FINANCIAL RESULTS SUMMARY

                                                            Year ended                Year ended           % Change
                                                          30 June 2022              30 June 2021
 Revenue – R million                                           5,118.5                   5,269.0               (3%)
 Operating profit – R million                                  1,685.1                   2,170.7              (22%)
 Earnings per share – South African (“SA”)                       131.2                     168.4              (22%)
 cents per share (“cps”)
 Headline earnings per share – SA cps                            130.7                     168.4              (22%)
 Final dividend – SA cps                                            40                        40                  -

The condensed consolidated provisional financial statements for the year ended 30 June 2022 have been reviewed,
in accordance with the International Standard on Review Engagements (ISRE) 2410, by KPMG Inc. who expressed
an unmodified review conclusion.

DIVIDEND

The Board has declared a final cash dividend of 40 SA cps for the year ended 30 June 2022 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 40 SA cents per ordinary share for shareholders exempt from Dividend
  Withholding Tax;
• the net local dividend amount is 32 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, 20 September 2022;
• ordinary shares trade ex-dividend: Wednesday, 21 September 2022;
• record date: Friday, 23 September 2022; and
• payment date: Monday, 26 September 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, 21 September 2022 and Friday,
23 September 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,
26 September 2022.

The holders of American Depositary Receipts (“ADRs") should confirm dividend details with the depository bank.

Assuming an exchange rate of R17.00/$1, the net dividend payable on an ADR is equivalent to 19 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
24 August 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

Media and Investor Relations:
For further information, contact Jane Kamau at:
Tel: (+27) (0)11 880 3924
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: 24-08-2022 08:00:00
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