Arnold Van Graan

Adrian Hammond

Bruce Williamson

Daniel McConvey

David Leffel

Jared Hoover

Leroy Mnguni

Mark du Toit

René Hochreiter

- Harmony Gold Mining Company Limited announced on **September 1, 2025**, that MAC Copper Limited's shareholders have approved the sale of **100%** of its issued share capital to Harmony Gold (Australia) Pty Ltd.  **[1023514_0001628280-25-041514_sens-maccoppershareholders.htm:0]** 
- MAC Copper owns the **high-grade CSA Copper mine** in Cobar, New South Wales, Australia, which is expected to add approximately **40,000 tonnes per annum** in high-quality copper to Harmony's portfolio and be immediately cash flow positive.  **[1023514_0001628280-25-041514_sens-maccoppershareholders.htm:0]** **[1023514_0001628280-25-041514_sens-maccoppershareholders.htm:1]** 
- This acquisition is intended to accelerate Harmony's strategy of adding high-margin, long-life ore bodies, enhance cash flow resilience, and provide commodity and geographical diversification, serving as a natural hedge against gold price volatility.  **[1023514_0001628280-25-041514_sens-maccoppershareholders.htm:0]** **[1023514_0001628280-25-041514_sens-maccoppershareholders.htm:1]** 
- The transaction remains subject to the satisfaction of remaining conditions, including a Court Sanction Hearing scheduled from **October 9, 2025**, with Harmony anticipating control of the asset towards the **end of October 2025**.  **[1023514_0001628280-25-041514_sens-maccoppershareholders.htm:1]**

Harmony Gold Mining Company Limited: MAC Copper Shareholders Approve Acquisition

- Harmony Gold Mining Company Limited reported strong financial results for the year ended June 30, 2025 (FY25), with adjusted free cash flow increasing by **54%** to a record **R11.1 billion (US$614 million)** and headline earnings per share rising **26%** to **2,337 SA cents (129 US cents)**.  **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:2]** **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:5]** **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:12]** 
- Group revenue grew **20%** to **R73,896 million (US$4,071 million)**, while group gold production was **46,023kg (1,479,671oz)**, a **5%** decrease but within guidance.  **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:2]** **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:3]** **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:12]** 
- The company's copper strategy is advancing, with the Eva Copper Mineral Resource increasing **31%** to **1.93Mt** of contained copper, and the acquisition of MAC Copper expected to close in **October 2025**.  **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:2]** **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:8]** **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:9]** 
- A final dividend of **155 SA cents (9 US cents)** per share was declared, bringing the total FY25 payout to a record **R2.4 billion (US$133 million)**.  **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:2]** **[1023514_0001628280-25-041245_a6kfiling2025-08x28.htm:5]**

Harmony Gold Mining Company Limited Reports Strong FY25 Results, Advances Copper Strategy, and Declares Record Dividend

- Harmony Gold Mining Company Limited expects **basic earnings per share (EPS)** for the financial year ended June 30, 2025 (**FY25**) to be between **2,180 and 2,450 SA cents** (or **120 and 132 US cents**), representing an increase of **57% to 77%** (or **64% to 81%**) compared to FY24.  **[1023514_0001628280-25-041098_sens-harmonyfy25tradingsta.htm:1]**  **Headline earnings per share (HEPS)** are anticipated to be between **2,190 and 2,500 SA cents** (or **121 and 137 US cents**), an increase of **18% to 35%** (or **22% to 38%**) from FY24.  **[1023514_0001628280-25-041098_sens-harmonyfy25tradingsta.htm:1]** 
- This positive outlook is primarily due to an increase in group revenue, driven by continued operational excellence and a **27% higher average gold price received** of **R1,529,358/kg (US$2,620/oz)**, along with **no impairment recognized on assets** in FY25, contrasting with a **R2,793 million (US$154 million)** impairment in FY24.  **[1023514_0001628280-25-041098_sens-harmonyfy25tradingsta.htm:0]** 
- Operationally, Harmony achieved its **tenth consecutive year of meeting guidance** in FY25, delivering group production of **46,023kg (1,479,671oz)** and improving recovered underground grades by **3% to 6.27g/t**, while maintaining all-in sustaining costs (AISC) at **R1,054,346/kg (US$1,806/oz)**, all within guided ranges.  **[1023514_0001628280-25-041098_sens-harmonyfy25tradingsta.htm:0]**

Harmony Gold Mining Co Ltd Forecasts Significant Earnings Increase for FY25

HARMONY GOLD MINING CO (HMY)