Cautionary Announcement

28 October 2021

CAUTIONARY ANNOUNCEMENT Shareholders are advised that ARM is currently in discussions regarding the potential acquisition of Bokoni Platinum Mine (“the Transaction”), which if successfully concluded, may have a material effect on the price of ARM’s securities. Bokoni Platinum Mine is a Platinum Group Metals (“PGM”) mine located in the Eastern Limb of the Bushveld Complex and is jointly owned ultimately by Anglo American Platinum Limited and Atlatsa Resources Corporation. There is no certainty th