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Condensed consolidated unaudited interim results for the six months ended 31 December 2022 and dividend declaration


(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
NYSE trading symbol: DRD
(“DRDGOLD” or the “Company”)



The contents of this short form announcement are the responsibility of the board of directors of DRDGOLD (“Board”).

Shareholders are advised that this short form announcement represents a summary of the information contained in
the full announcement and does not contain full or complete details.

Any investment decisions by investors and/or shareholders should therefore be based on consideration of the full
announcement, accessible via the JSE Limited (“JSE”) link at and also available for viewing on the
Company’s website at

A copy of the full announcement is available for inspection, at DRDGOLD’s registered office and at the offices of its
sponsor at no charge during normal business hours on Mondays to Fridays from today,
15 February 2023.


                                                    Six months ended           Six months ended           % change
                                                    31 December 2022           31 December 2021
 Revenue – R million                                         2,654.3                    2,498.5                 6%
 Operating profit – R million                                  792.4                      832.0                (5%)
 Earnings per share – South African (“SA”)                      62.3                       58.0                 7%
 cents per share (“cps”)
 Headline earnings per share – SA cps                           62.3                       58.0                 7%
 Interim dividend – SA cps                                        20                         20                  -


The Board has declared an interim cash dividend of 20 SA cps for the six months ended 31 December 2022 as
• the dividend has been declared out of income reserves;
• the local Dividend Withholding Tax rate is 20% (twenty per cent);
• the gross local dividend amount is 20 SA cents per ordinary share for shareholders exempt from Dividend
     Withholding Tax;
• the net local dividend amount is 16 SA cents per ordinary share for shareholders liable to pay Dividend
     Withholding Tax;
• DRDGOLD currently has 864,588,711 ordinary shares in issue (which includes 3,896,663 treasury shares); and
• DRDGOLD’s income tax reference number is 9160/013/60/4.

In compliance with the requirements of Strate Proprietary Limited (“Strate”) and the JSE Limited Listings
Requirements, given the Company’s primary listing on the exchange operated by the JSE, the salient dates for
payment of the dividend are as follows:
• last date to trade ordinary shares cum-dividend: Tuesday, 7 March 2023;
• ordinary shares trade ex-dividend: Wednesday, 8 March 2023;
• record date: Friday, 10 March 2023; and
• payment date: Monday, 13 March 2023.

On payment date, dividends due to holders of certificated securities on the SA share register will either be
electronically transferred to such shareholders’ bank accounts or, in the absence of suitable mandates, dividends will
be held in escrow by the Company until suitable mandates are received to electronically transfer dividends to such

Dividends in respect of dematerialised shareholdings will be credited to such shareholders’ accounts with the relevant
Central Securities Depository Participant (CSDP) or broker.

To comply with the further requirements of Strate and the JSE, between Wednesday, 8 March 2023 and Friday,
10 March 2023, both days inclusive, no transfers between the SA share register and any other share register will be
permitted and no ordinary shares pertaining to the SA share register may be dematerialised or rematerialised.

The currency conversion date for the Australian and United Kingdom share registers will be Monday, 13 March 2023.

The holders of American Depositary Receipts (“ADRs") should confirm dividend details with the depository bank.

Assuming an exchange rate of R17.00/$1, the net dividend payable on an ADR is equivalent to 9 United States cents
per ADR for ADR holders liable to pay dividend withholding tax. However, the actual rate of payment will depend on
the exchange rate on the date for currency conversion.

On behalf of the Board

TJ Cumming                                                                         DJ Pretorius
Non-Executive Chairman                                                             Chief Executive Officer

15 February 2023

DIRECTORS - (#Independent) (^Lead Independent)

DJ (Niël) Pretorius (Chief Executive Officer)
AJ (Riaan) Davel (Chief Financial Officer)

TJ Cumming (Non-Executive Chairman); EA Jeneker#^; JA Holtzhausen#, TVBN Mnyango#, JJ Nel#,
KP Lebina#, CD Flemming#

Company Secretary:
E Beukes

Investor Relations:
For further information, contact Jane Kamau at:
Tel: (+27) (0)11 880 3924

Registered Office:
Constantia Office Park
Cnr 14th Avenue and Hendrik Potgieter Road
Cycad House, Building 17, Ground Floor
Weltevreden Park, 1709
South Africa

One Capital
17 Fricker Road, Illovo, 2196

Date: 15-02-2023 08:00:00
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