Renewal Cautionary Announcement

9 December 2021

RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement released by ARM on SENS on 28 October 2021. Shareholders are advised that discussions regarding the potential acquisition of Bokoni Platinum Mine (“the Transaction”) are still ongoing which, if successfully concluded, may have a material effect on the price of the Company’s securities. There is no certainty that the Transaction will be concluded.