HARMONY REMAINS ON TRACK TO MEET FULL-YEAR PRODUCTION GUIDANCE.
Johannesburg, 1 February 2023. Harmony is pleased to announce that total gold production for the six-month period ended 31 December 2022 of financial year 2023 (“H1FY23”) was between 720 000 ounces (22 394kg) and 745 000 ounces (23 171kg).

In line with guidance, all-in-sustaining costs (“AISC”) for H1FY23 was below R900 000/kg.

Despite the ongoing electricity shortages and supply chain disruptions, total gold production increased quarter-on-quarter. This production increase was mainly as a result of improved underground recovered grades in quarter 2 of financial year 2023 (“Q2FY23”), which were higher than the 5.45 to 5.60g/t guided earlier this year.

Harmony also received all necessary permits and approvals for the Kareerand tailings storage facility expansion at Mine Waste Solutions towards the end of Q2FY23.

Following the conclusion of the Eva Copper transaction in December 2022, feasibility studies are currently underway. This low-cost near-term copper-gold project in Northern Queensland, Australia is fully permitted and the results of the studies are expected within 12 months.

Guidance for the financial year 2023 remains unchanged at 1 400 000 to 1 500 000 ounces of gold and gold equivalents, at an AISC of below R900 000/kg. Underground recovered grade guidance also remains unchanged between 5.45 to 5.60g/t.

Harmony will be presenting at the Investing in African Mining Indaba conference in Cape Town, which takes place from 6 to 9 February 2023. This presentation will be available on the Harmony website on Monday, 6 February 2023.

The Company will publish its interim operating and financial results for the 2023 financial year on Wednesday, 1 March 2023 at 10am, South African time. Please refer to the Harmony website for more details: www.harmony.co.za.

The information contained in this guidance release has not been reviewed or reported on by the Company’s external auditors.

For more details contact:

Jared Coetzer
Head of Investor Relations

CHANGES TO GROUP OPERATIONAL STRUCTURE
FEBRUARY 01, 2023
Johannesburg, 1 February 2023. Harmony is pleased to announce changes to the Group Operational and New Business Development and Growth Structures as part of its strategy of expanding its global footprint and diversification into other commodities, whilst enhancing operational excellence.

The following changes to the current operational structure, as well as the New Business Development and Growth structure, will be effective as of 1 February 2023.

The two operational executive teams, that is, South Africa and Southeast Asia, will now be structured as Regional Executive management teams under the leadership of Beyers Nel as Group Chief Operating Officer, Operations (having held the position as Chief Operating Officer of the South African Operations since 2016).
A regional Executive Operating Officer, who will report directly to the Group Chief Operating Officer Operations, will head up each of the Regional Executive Management teams (South Africa and Southeast Asia respectively). The recruitment process to fill the two vacancies is underway.
The New Business Development and Growth function will be strengthened under the leadership of Johannes Van Heerden as Group Chief Operating Officer, Business Development and Growth. After joining Harmony in 1998, Johannes previously held the position of chief executive officer for Harmony Southeast Asia since 2008. Johannes will now dedicate 100% of his time in driving Harmony’s business development and growth strategy. Key focus areas will include leading the Eva copper project into development, progressing Wafi-Golpu, and pursuing further growth opportunities in Africa, Southeast Asia and Australia.
For more details contact:
Jared Coetzer
Head of Investor Relations