Notification of Securities

14 July 2021

South32 Limited

(Incorporated in Australia under the Corporations Act 2001 (Cth))

(ACN 093 732 597)

ASX / LSE / JSE Share Code: S32 ADR: SOUHY

ISIN: AU000000S320

south32.net

South32 Limited

NOTIFICATION OF SECURITIES

The Appendix 3G and Appendix 3H lodged on the Australian Securities Exchange and voluntarily disclosed on the Johannesburg Stock Exchange and London Stock Exchange have today been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism:

· South32 Limited - Notification of issue, conversion or payment up of unquoted securities - Appendix 3G

· South32 Limited - Notification of cessation of securities - Appendix 3H

Further information on South32 can be found at www.south32.net.

JSE Sponsor: UBS South Africa (Pty) Ltd14 July 2021