REG - South32 Limited - Completion of Cerro Matoso Divestment

RNS Number : 6435J South32 Limited 01 December 2025 1 December 2025South32 Limited(Incorporated in Australia under the Corporations Act 2001 (Cth))(ACN 093 732 597)ASX / LSE / JSE Share Code: S32; ADR: SOUHYISIN: AU000000S320south32.netCOMPLETION OF CERRO MATOSO DIVESTMENTSouth32 Limited (ASX / LSE / JSE: S32; ADR: SOUHY) (South32) is pleased to announce that the divestment of Cerro Matoso to a subsidiary of CoreX Holding B.V.[1] was successfully completed on 1 December 2025.About usOur purpose is to make a difference by developing natural resources, improving people's lives now and for generations to come. We are trusted by our owners and partners to realise the potential of their resources. We produce minerals and metals critical to the world's energy transition from operations across the Americas, Australia and Southern Africa and we are discovering and responsibly developing our next generation of mines. We aspire to leave a positive legacy and build meaningful relationships with our partners and communities to create brighter futures together.Investor RelationsMedia RelationsBen BakerT +61 8 9324 9363M +61 403 763 086E Ben.Baker@south32.netJamie Macdonald T +61 8 9324 9000M +61 408 925 140E Jamie.Macdonald@south32.netFurther information on South32 can be found at www.south32.net.Approved for release to the market by Graham Kerr, Chief Executive OfficerJSE Sponsor: The Standard Bank of South Africa Limited 1 December 2025[1] Refer to market release "Agreement to Divest Cerro Matoso" dated 7 July 2025.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END DISFSUSWFEISEDE