Group structure


1. Black economic empowered entity.
2. The Fricker Road Trust is a black economic empowered entity which controls the majority of the voting rights in a special-purpose vehicle that owns 11,79% of Assore’s issued ordinary shares. The Assore Employee Trust controls the remainder of the voting rights.
3. A black economic empowerment entity, Mampa Investment Holdings Proprietary Limited has a 44% equity interest in Rustenburg Minerals Development Company Proprietary Limited (refer “Black economic empowerment status report”).